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Restaurant Building with Two Entrances
For Sale
Contact for pricing
Pending

1611 4th St NW, Albuquerque, NM 87102

The property includes rear parking and MX-M zoning.

Property SizeContact for details
Days on Market146

Property Features for 1611 4th St NW

General Information

Standard status Pending
Property subtype Hospitality, Retail
Zoning MX-M
Listing Agency: Maddox Management LLC
Listed By: Damon Maddox · License #NM 18525
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:59AM

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 Maddox Management LLC

Investment Insights

Based on property information with market context.

This restaurant property previously operated as Familia Restaurant and includes two entrances serving the building. Rear parking provides on-site vehicle accommodation, while the existing restaurant configuration offers a defined commercial setting for continued food-service use.

The property is located at 1611 4th St NW in Albuquerque’s downtown and Wells Park area, near courthouses and retail. Freeway access is also identified as part of the surrounding location context. MX-M zoning applies to the property.

Key Highlights

  • Former Familia Restaurant location
  • Two building entrances
  • Rear parking area

Property Analytics

Current Use

La Familiar de ... Restaurant

Suggested Use

Top Pick Nail Salon Bakery Hair Salon (Bike/Boat/Book/etc) Store Pet Grooming Service Wine and Liquor Store

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

1,362
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 85% Home Improvements & Furnishings 15%
Interstate Batteries Shops & Services
2,084 visits/mo 0.4 miles
Caliber Collision Shops & Services
831 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
812 visits/mo 0.4 miles
Sunbelt Rentals, Inc. Home Improvements & Furnishings
663 visits/mo 0.5 miles

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property includes rear parking and MX-M zoning.
Where is this conventional restaurant located?
The property is located at 1611 4th St NW Albuquerque, NM.
What are key features of this property?
This property features: Former Familia Restaurant location; Two building entrances; Rear parking area
(505) 242-0989 Call to check price and availability
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