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Renovated Cannabis Retail Property
For Sale
$250,000

629 Amherst Drive NE, Albuquerque, NM 87106

CommercialSale, Albuquerque, NM

Property Size378 SF
Lot Size0.02 Acres
Price / SF$661.38
Days on Market276

Property Features for 629 Amherst Drive NE

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description MX-L*
Parking 2
Security features Security
Directions Driving West on Lomas Blvd, passing Carlisle, Turn South onto Amherst Dr.
Subdivision 40 - UNM
Standard status Active
APN 101605748552714120
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 369

Utilities

Heating system Ductless (Heating)
Cooling system Ductless

Amenities

retail display case
surveillance cameras
roll-up doors
lighted building signage

Building Details

Floors in Building 1
Building materials Block
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Jacob E Lopez · License #50903
Added: Dec 1, 2025 Changed: Aug 19 Last Checked: Sep 3 at 12:06PM
MLS# 1095204

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This recently renovated retail dispensary at 629 Amherst Drive NE provides a compact commercial setup with an open showroom, retail display case, restroom, closet, and updated security features. Roll-up doors, surveillance cameras, lighted building signage, and three dedicated parking spaces are included. Block construction and ductless heating and cooling serve the building.

The property is positioned near the Central Avenue and Carlisle Boulevard intersection in Albuquerque’s Nob Hill district. Access is available through the east property line, supporting entry and exit for the existing retail configuration. MX-L zoning is identified for the site, with the property described for boutique retail or cannabis operations.

Key Highlights

  • 0.02‑acre property at 629 Amherst Drive NE in Albuquerque
  • 268 SF open showroom with retail display case
  • Recently renovated building with roll‑up doors and surveillance cameras

Property Analytics

Current Use

Lemon Cannabis Co. ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Carpet & Flooring Store Auto Parts Store Food Market Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,122
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Shogun Dining
2,416 visits/mo 0.5 miles

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Cannabis property - The site carries MX-L zoning and includes east-side ingress and egress.
Where is this cannabis property located?
The property is located at 629 Amherst Drive NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.02‑acre property at 629 Amherst Drive NE in Albuquerque; 268 SF open showroom with retail display case; Recently renovated building with roll‑up doors and surveillance cameras
More about this property
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