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Flex Space with Separate Entrances
For Sale
Contact for pricing
Pending

500 CHAMA Street NE, Albuquerque, NM 87108

Adaptable commercial layout with dedicated reception areas, private rooms, climate control, and secure outdoor space.

Property SizeContact for details
Days on Market141

Property Features for 500 CHAMA Street NE

General Information

Standard status Pending
Total Parking Spaces 15
Property subtype Industrial

Additional Details

Fenced Yard Yes

Amenities

Secured Gated Entrance
Security Lighting
Gated Rear Courtyard
Storage Building
Updated Bathrooms
Refrigerated Air and Central Heat
Kitchen
Dining Room
Den
Waiting Room
Reception
Private Meeting Rooms
Offices
Therapy Rooms
Skylights
Listing Agency: Coldwell Banker Legacy Academy East
Listed By: Mike Cozby · License #NM
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:34AM

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 Coldwell Banker Legacy Academy East

Investment Insights

Based on property information with market context.

This flex space combines two separately accessed areas within a corner-lot property. The south side includes a kitchen, dining room, and den, while the north side is arranged with a waiting area, reception space, private meeting rooms, offices, and therapy rooms. Skylights add natural light, and the property has two updated three-quarter bathrooms, refrigerated air, and central heat.

The exterior includes 15 paved parking spaces, a secured gated entry, security lighting, and a gated rear courtyard. A separate storage building is also included. The configuration supports a range of commercial layouts, with distinct interior zones and multiple access points for operational flexibility.

Key Highlights

  • 15 paved parking spaces at the front of the property
  • Two separate entrances with a secured gated entry
  • North‑side layout includes waiting, reception, private rooms, and offices

Property Analytics

Current Use

Sandra Manasco Alternative Medicine Practice Lobito Floor Waxing Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Building Supply Hair Salon

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
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
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial layout with dedicated reception areas, private rooms, climate control, and secure outdoor space.
Where is this flex space located?
The property is located at 500 CHAMA Street NE Albuquerque, NM.
What are key features of this property?
This property features: 15 paved parking spaces at the front of the property; Two separate entrances with a secured gated entry; North‑side layout includes waiting, reception, private rooms, and offices
More about this property
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