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218 S 1st St

Lovington, NM 88260
  • $775,000
  • STATUS: Active
  • ON SITE: 257 Days
  • MLS #: 20257104
UPDATED: 126 min ago
$775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,638
    SQFT
  • $294
    $/SQFT
Type:
Commercial
Built:
1955
County:
Lea
Area:

School Ratings & Info

Description

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!!

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© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-09-06T00:14:58.947.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/171536077
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218 S 1st St Lovington, NM 88260

  • Price: $775,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 126 min ago
  • MLS #: 20257104
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,638
SQFT
$294
$/SQFT
1955
Built
County:
Lea
Area:
Lovington
Property Description
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!!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Block - CinderBrickConcreteCrawlspaceFrameLogMasonryMetal FrameSidingSlump BlockFiberglassStyrofoamClay TileConcrete BlockMission StoneUnknown Covered Spaces 0 Garage YN No Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Roof FlatMetal Spa YN No View YN No

Interior Features

Bathrooms Partial 0 Cooling YN No Fireplace YN No Flooring Wood Heating YN No Interior Features Audio/Video Surveillance Rooms Total 0

Property Features

Adu YN No Association YN No Business Type Restaurant Covenants YN No For Lease YN No Frontage Length 0.0 Home Warranty YN No Horse YN No Lease Considered YN No Lease Hold YN No New Construction YN No Property Attached YN No Senior Community YN No Short Term Rental YN No Tax Annual Amount 10861 Utilities Electricity ConnectedNatural Gas Connected Waterfront YN No

Listing courtesy of Robinson & Associates Real Estate: 575-392-0266.
© 2026 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2026-09-06T00:14:58.947.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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