Retail Store Front
General Commercial Investment, Cannabis Dispensary tenant, Flexible Zoning Commercial Asset
Marketing description
Welcome to 107 E Washington Ave, Lovington, NM 88260. This ample General Commercial (Zoning E) Retail Front, property offers a versatile opportunity for investors seeking flexibility in Lea County market. Situated in the heart of Lovington NM, within a well-established commercial corridor.
This is a Cannabis ready retail space, generating consistent income with an active tenant in place. This property benefits from convenient access, steady local activity, downtown services, government offices, and surrounding businesses.
Zoning E allows for a broad range of commercial uses, including retail, professional, medical offices, service-based businesses, and potential multi-tenant configurations. This flexibility enhances long-term value by expanding both tenant and buyer demand while allowing future repositioning based on market needs.
Investment highlights
General Commercial
Prime Location
Retail Dispensary Tenant
Dual space potential, 107 and 109
Cannabis ready retail space
Move in ready long term resale value
Steps away from Main St. with a 6000 to 10000 vehicles per day traffic
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