Downtown Albuquerque Historic
For Sale
$575,500
218 Gold Ave. SW, Albuquerque, NM 87102
6,555 SF building with two units in downtown Albuquerque.
Property Size6,555 SF
Price / SF$87.80
Days on Market251
Property Features for 218 Gold Ave. SW
General Information
Standard status
Active
Size
6,555 SF
Property subtype
Investment
Listing Agency:
SVN/Walt Arnold Commercial Brokerage Inc
(505) 239-0612
Listed By:
Kyle Kinney · License #NM #52685
(505) 239-0612
Source:
Svn
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN/Walt Arnold Commercial Brokerage Inc
Investment Insights
Based on property information with market context.
Located in downtown Albuquerque, this 6,555 SF building features two units and is zoned MX-FB-UD for versatile use. The property is of sturdy brick construction. The first floor restaurant space was renovated in 2022, and the second floor space was renovated in October of 2024. A tenant currently occupies the first floor restaurant space and is one year into a five-year term. A new tenant was added to the second floor with a five-year term. The surrounding area offers a mix of dining, shopping, and cultural attractions, with landmarks such as the KiMo Theatre and the Albuquerque Convention Center nearby. The location provides access to public transportation and major highways. The property is located in the bustling business district. The property offers potential for owner/user or lease on the second floor.
Key Highlights
- Income‑producing property with two units, both currently leased.
- Prime downtown Albuquerque location.
- 6,555 SF building with recent renovations (2022 and October 2024).**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,888
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 49%
Shops & Services 35%
Dining 17%
Family Dollar
Shops & Services
10,546 visits/mo
0.3 miles
DoubleTree by Hilton Hotel
Hotels & Casinos
6,737 visits/mo
0.4 miles
Sushi Hana
Dining
5,747 visits/mo
0.3 miles
Hilton Garden Inn
Hotels & Casinos
5,166 visits/mo
0.2 miles
Hotel Andaluz Albuquerque, Curio Collection by Hilton
Hotels & Casinos
4,921 visits/mo
0.2 miles
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Market
Properties on Market for Restaurants in Albuquerque
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Restaurant - 6,555 SF building with two units in downtown Albuquerque.
Where is this restaurant located?
The property is located at 218 Gold Ave. SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $575,500.
What are key features of this property?
This property features: Income‑producing property with two units, both currently leased.; Prime downtown Albuquerque location.; 6,555 SF building with recent renovations (2022 and October 2024).**
