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    316 Central Ave SE Albuquerque, NM 87102

    For Sale
    $2,800,000

    Urban commercial property with restaurant, bar, and office space.

    Property size:
    10,613 SF
    Lot size:
    0.29 Acres

    Property Features for 316 Central Ave SE

    General Information

    Size
    10,613 SF
    Lot size
    0.29 Acres

    Source: Colliers | Albuquerque Agent Ben Perich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant and Office Space

    Located in the East Downtown submarket of Albuquerque, NM, the property at 316 – 320 Central Ave SE is an urban commercial building. The single-story structure includes a mezzanine office and finished basement buildout. The property is currently occupied by The Range Café. This turn-key restaurant and bar opportunity encompasses 6,126 square feet, along with an 820 square foot fenced patio, 32 on-site parking stalls, and adjacent street parking. The Range Café also utilizes 4,487 square feet of Class A finished office space for its corporate and back-office functions. The total property size is 10,613 square feet. The entire building can be delivered vacant, and all existing restaurant FF&E will convey.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cancer Resource Center ... Oncologist

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6512008
    Latitude
    35.0841877

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    FAQs

    What type of property is this?
    Turn key restaurant - Urban commercial property with restaurant, bar, and office space.
    Where is this turn key restaurant located?
    The property is located at 316 Central Ave SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Turn-key restaurant and bar opportunity (6,126 SF) with all existing FF&E conveying.; - Includes **4,487 SF of Class A finished office space**, suitable for corporate or back-office functions.; - Property can be delivered vacant, offering flexibility for various uses.
    (505) 507-1678
    Request Owner's contact information
    316 Central Ave SE Albuquerque, NM 87102
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    Albuquerque, NM 87102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 Central Ave SE Albuquerque, NM 87102
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