Office Complex Near UNM

2508 Garfield Ave SE, Albuquerque, NM

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For Sale

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Three-building office complex with redevelopment potential near UNM.

Type:OFFICE

Property size:

10,462 SF

Lot size:

0.76 Acres

Price / SF:

$124/SF

HighLights

Vacant 2,800+- SF space available for owner‑occupied use.
Three buildings each on its own fee simple lot.
Potential for redevelopment due to short‑term leases expiring within 12 months.
Complex consists of 21 executive suites, 2 garage units, and 2 detached storage buildings.
Located near UNM.
Seller will consider selling individual lots/buildings.

We can help!

Listing Contact

Steven Coe

For Sale

Contact for pricing

Three-building office complex with redevelopment potential near UNM.

Type:OFFICE

Property size:

10,462 SF

Lot size:

0.76 Acres

Price / SF:

$124/SF

Added:: Apr 22, 2025
Days on Market:: 420
Last Refresh:: May 20 at 9:39 pm

Property Features for 2508 Garfield Ave SE

General Information

Standard status: Active
Size: 10,462 SF
Lot size: 0.76 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Steven Coe

Listing agent Steven Coe

Listing office COE Properties Inc

Listing date Apr 22, 2025

Source Moodyscre

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 COE Properties Inc

HighLights

Vacant 2,800+- SF space available for owner‑occupied use.
Three buildings each on its own fee simple lot.
Potential for redevelopment due to short‑term leases expiring within 12 months.
Complex consists of 21 executive suites, 2 garage units, and 2 detached storage buildings.
Located near UNM.
Seller will consider selling individual lots/buildings.

Overview

This three-building office complex is located near the University of New Mexico. Each building is situated on its own fee simple lot. The complex, totaling 10,462 square feet, is currently configured as executive suites, featuring a total of 21 executive suites, 2 garage units, and 2 detached storage buildings. Additionally, there is a 2,800 square foot vacant office/retail suite in shell condition, requiring tenant improvements. The leased executive suites are on short-term leases, all expiring in less than 12 months, offering redevelopment potential while maintaining income during the planning stages. The property is suitable for an owner-occupied user. The seller will consider selling individual fee simple lots/buildings.

Property Profile Location Intelligence

Current Use by Public Records

Gryphon Counseling Medical Clinic The Lippy Lopp Shop (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Albuquerque
County: Sandoval
State: New Mexico
Longitude: -106.618
Latitude: 35.0731

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For sale
Office buildings
NM
Albuquerque
2508 Garfield Ave SE

What type of property is this?

Office building - Three-building office complex with redevelopment potential near UNM.

Where is this office building located?

The property is located at 2508 Garfield Ave SE Albuquerque, NM.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Vacant 2,800+- SF space available for owner‑occupied use.; Three buildings each on its own fee simple lot.; Potential for redevelopment due to short‑term leases expiring within 12 months.

2508 Garfield Ave SE, Albuquerque, NM

Three-building office complex with redevelopment potential near UNM.

Property Features for 2508 Garfield Ave SE

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Prime Albuquerque Retail Portfolio

Assisted Living Residential Facility

Albuquerque Multifamily Investment Opportunity

Soft-Gated Multifamily Community

Climate-Controlled Flex Warehouse with Bay Door

Industrial Property with Inspection Pit

South Valley Investment Opportunity

Restored Adobe Duplex Property

Albuquerque Fourplex with Laundry

UNM Area Apartment Complex

Turnkey Assisted Living Facility

Albuquerque Freestanding Commercial Property

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