$775,000

218 S 1st Street, Lovington NM, 88260

Price per sqft$293.78

Built in1955

Property size2,638 sqft

Property typeCommercial

Courtesy of Robbie Robinson with Robinson & Associates Real Estate

Overview

Active

Listed Dec 22, 2025

Updated 10 days ago

Jimenez Rancho Grande Mexican Food Restaurant- Famous thriving business and property for sale. Well established business with an excellent reputation located at the center of town. Historic Lovington Building with the traditional Spanish adobe construction Enthusiast atmosphere. 3 main seating rooms-Private party room in back corner-Full service Commercial kitchen. Adequate to serve large crowds. Large bonus parking lot-Newly paved and expanded. TURN KEY WITH GREAT RETURN ON INVESTMENT!!

Other Property Details

Taxes: $10,861
Tax Frequency: Annually
55+/Senior Community: No

Property information should be verified by buyer. Listing information provided in part by the New Mexico Association of REALTORS®. Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the New Mexico Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor OSO Elite Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.