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    1700 Mountain Rd NW Albuquerque, NM 87104

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    For Sale
    $1,390,000

    Unique mixed-use property in historic Old Town Albuquerque.

    Property size:
    6,461 SF
    Lot size:
    0.21 Acres

    Property Features for 1700 Mountain Rd NW

    General Information

    Size
    6,461 SF
    Lot size
    0.21 Acres

    Source: Sotheby's | Santa Fe Agent D'Nette Wood

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

    Overview

    Old Town Albuquerque Live/Work Property

    Located in the heart of Albuquerque's historic Old Town on museum row, this 6,461 square foot mixed-use property offers a versatile space suitable for a dynamic retail location or a distinguished law office. Originally designed as an art studio and gallery with a living suite, the building seamlessly combines professional and personal spaces. The first-floor gallery and office area benefits from abundant natural light and high foot traffic. The property features wood floors, two kitchens, and a basement for storage and workspace. Its location provides walkable access to restaurants, a nearby park, on-site parking, and convenient access to I-40. This property presents an opportunity to establish a presence in a sought-after district.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon 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
    -106.6669209
    Latitude
    35.0968879

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    FAQs

    What type of property is this?
    Mixed-use property - Unique mixed-use property in historic Old Town Albuquerque.
    Where is this mixed-use property located?
    The property is located at 1700 Mountain Rd NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: - Prime location in Albuquerque's historic Old Town on museum row.; - Versatile 6,461 sq ft commercial live/work space suitable for retail, office, or studio/gallery.; - Ample natural light and high foot traffic due to location.
    (505) 463-2910
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    1700 Mountain Rd NW Albuquerque, NM 87104
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    Albuquerque, NM 87104
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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
    1700 Mountain Rd NW Albuquerque, NM 87104
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