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    317 Gold Ave SW Albuquerque, NM 87102

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    For Sale
    $899,000

    Recently renovated restaurant and studio apartments in downtown Albuquerque.

    Property size:
    5,000 SF
    Lot size:
    0.17 Acres

    Property Features for 317 Gold Ave SW

    General Information

    Size
    5,000 SF
    Lot size
    0.17 Acres

    Source: King Capital Commercial Real Estate Agent Clayton King

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

    Overview

    Downtown Albuquerque Mixed-Use Building

    This mixed-use building is located in downtown Albuquerque, an area with a daytime population of 25,000. Within a one-mile radius, there are 2,633 businesses and 14,202 residents. The property benefits from visibility to 2,427 vehicles per day. The building has a total size of 5,000 square feet. The ground floor features a recently renovated restaurant space, complete with furniture, fixtures, and equipment (FF&E). The second floor contains recently renovated studio apartments, offering a blend of commercial and residential income potential for an investor or owner-user.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    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.

    Similar Places Nearby

    a lotta enchilada 505, Southwest Savories Aviation Catering LLC

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.651445
    Latitude
    35.0837793

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    FAQs

    What type of property is this?
    Restaurant - Recently renovated restaurant and studio apartments in downtown Albuquerque.
    Where is this restaurant located?
    The property is located at 317 Gold Ave SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Recently renovated restaurant space (ground floor) with FF&E.; - Recently renovated studio apartments (second floor).; - Located in Downtown Albuquerque.
    (505) 263-8531
    Request Owner's contact information
    317 Gold Ave SW 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
    317 Gold Ave SW Albuquerque, NM 87102
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