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Historic Mixed-Use Property
For Sale
$1,399,000

1224 12th Street NW, Albuquerque, NM 87104

CommercialSale, Albuquerque, NM

Property SizeContact for details
Lot Size0.54 Acres
Days on Market291

Property Features for 1224 12th Street NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-MH*
Parking 1
Directions Coming from I-40, get off at the 12th street exit, head south down 12th street until you reach Bellamah, The property is on the corner of 12th and Bellamah.
Subdivision 80 - Downtown Area
Standard status Active
APN 101305849244811913
Lot size 0.54 Acres

Taxes and HOA fees

Tax Annual Amount 4104

Utilities

Heating system Baseboard

Building Details

Floors in Building 1
Building materials Block, CementSiding, Frame, Masonite, Concrete, Stucco, SyntheticStucco, WoodSiding
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Joshua Scot Ciddio · License #48898
Added: Nov 17, 2025 Changed: Sep 3 Last Checked: Sep 4 at 3:06AM
MLS# 1104858

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a historic residence with a second dwelling formerly used as a mercantile shop and now configured as an artist studio. The main house offers 2/3 bedrooms and 2 bathrooms, with updates and an expansion completed in the late 1980s and additional recent work focused on modern amenities and safety. Original historic details remain throughout the residence.

Constructed in 1897, the property occupies 0.54 acres at 1224 12th Street NW in Albuquerque. Its setting connects the Historic Sawmill & Industrial district with Old Town Albuquerque. The property includes block, cement siding, frame, concrete, stucco, synthetic stucco, wood siding, Masonite, and baseboard heating.

Key Highlights

  • Historic residence constructed in 1897
  • 2/3‑bedroom, 2‑bathroom main house
  • Second dwelling converted from a mercantile shop to an artist studio

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Daycare Center Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,606
Businesses Nearby

Demographics for 87104, NM

12,537
Population
6,628
Households
1.9
Avg Household Size
43
Median Age
48%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
2,985
Density / Sq Mi
$67,714
Median Household Income
$55,156
Median Earnings
$1,022
Median Rent
$300,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property includes a two- or three-bedroom residence, separate studio, and R-MH zoning.
Where is this mixed-use property located?
The property is located at 1224 12th Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Historic residence constructed in 1897; 2/3‑bedroom, 2‑bathroom main house; Second dwelling converted from a mercantile shop to an artist studio
More about this property
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