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119 San Pasquale Avenue SW
Albuquerque, NM 87104
$1,020,000
5,073 sqft • 0.46 acres
$201
Per SQFT
03/20/2025
Listing Date
1080387
Listing #
87104
Zip Code
Bernalillo
County
About This Property
Discover an exceptional investment opportunity with a 7.5% Cap Rate at 119 San Pasquale Ave SW, Albuquerque, NM 87104. This versatile mixed-use property, ideally situated near downtown and historic Old Town, offers a dynamic blend of restaurant, bar, and retail spaces.Boasting approximately 5,000 square feet, the property is thoughtfully divided into three distinct suites: a 3,000 square foot restaurant/bar space and a 2,000 square foot retail space. Each suite is self-contained with its own restroom, providing flexibility for individual tenants or cohesive business operations. Both suites are occupied with recent leases.
Building And Construction
Property Type:
Commercial Sale
Property Sub Type:
Business
Property Sub Type Additional:
Business
Building Area Total:
5,073 sqft
Construction Materials:
Block
Exterior And Lot
Lot Size Acres:
0.46
Lot Size Square Feet:
20,038 sqft
Parking Total:
32
Provisional
MLS #:
1080387
Business Type:
Restaurant
Leasable Area:
59 sqft
Lease Term:
5 Years
Listing Terms:
Cash, Conventional, Owner May Carry
Tenant Pays:
Common Area Maintenance, Exterior Maintenance, Insurance, Taxes
Area And Schools
City:
Albuquerque
Postal Code:
87104
MLS Area Major:
Downtown Area
County:
Bernalillo
Accessibility Features:
Wheelchair Access
Road Frontage Type:
City Street
Road Surface Type:
Paved
Parcel Number:
101305815520531408
Utilities
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling:
Refrigerated
Heating:
Electric, Multiple Heating Units, Natural Gas
Heating (Y/N):
Yes
Location
Directions: From I-40, take the Rio Grande Blvd exit and turn south. Proceed 0.7 miles to Central Ave and turn left (East). Proceed about 0.2 miles on Central Ave to San Pasquale. Turn Right (south). The second driveway on the right is the property
Mortgage Calculator
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Monthly Payment**:
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Listing courtesy of EXP Realty LLC
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera
Real Estate Broker in Albuquerque, NM