Building A 1,840 SF Plumbed Space for Lease.Building B & C Fully Leased.Two Shared ADA Restrooms.Momo Cocktail Lounge & Ponderosa Tap Room.Walkable Old Town Location.Across from Botanical Gardens and Aquarium.32 Fully Leased Apartments Onsite.42 Adjacent Motel Rooms, new Hostel.ABQ Rapid Transit Stop.26,100 Central Ave Vehicles Per Day,30,100 Rio Grande Blvd VPD.
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open
CALLING ALL DEVELOPERS...An EXCELLENT OPPORTUNITY to develop this site. MRA - OPPORTUNITY ZONED - 4TH STREET SECTOR PLAN - PRT ready. Contact April to discuss ALL OPTIONS.
Conveniently located close to 1-25, hospitals, restaurants, and shopping. Survey was done in May of 2022. According to the survey there is an encroachment on the east side of the property. Property extends 7.5 ft beyond neighbors fence and part of neighbors shed is also sitting on property. Property is zoned MX-M, buyer to verify if property can be used for their purposes
Great parking lot property! 4 parcels of land, 74 parking spaces in the heart of downtown.215 Marble Ave NW. UPC# 101405826820443403 219 Marble Ave NW UPC# 101405826320543402223 Marble Ave NW UPC# 101405825820643401 824 3rd St NWUPC# 101405836618842614Best way to contact listing broker is texting mobile phone.
Great parking lot property! 4 parcels of land, 74 parking spaces in the heart of downtown.
Impeccably crafted, this newly completed luxury townhome, enriched by builder occupancy, boasts a coveted Casita Currently bringing in $2,300 mo. as Vacation rental and always booked. Nestled in the prestigious Huning/Albuquerque Country Club Neighborhood, it provides unparalleled access to ACC, Tingley Beach, ABQ BioPark, and the vibrant tapestry of dining, cafes, shopping, downtown businesses, and government buildings. The versatile zoning permits a seamless live-work integration, allowing for an office, salon, studio, or an additional bedroom at the front with a private entrance and bath--an embodiment of both sophistication and practicality. Get your showing scheduled!
Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail. 5 of 6 units are now cash flowing AirBnB units - See APOD
Daria Derebera
Real Estate Broker in Albuquerque, NM
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