Albuquerque Retail Investment
2113 Charlevoix St. NW Albuquerque, NM 87104
2113 Charlevoix St. NW, Albuquerque, NM, 87104
$750,000
For Sale
$750,000
Fully occupied retail building in a high-traffic Albuquerque location.
Property Size1,806 SF
Price / SF$415.28
Days on Market242
Property Features for 2113 Charlevoix St. NW
General Information
- Standard status
- Active
- Size
- 1,806 SF
- Property subtype
- Retail
Listing Agency
(505) 269-9358
Listed by
Walt Arnold, CCIM, SIOR · License #NM #9117
(505) 269-9358
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 8:54 am Checked: Jul 19 at 3:43 am
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 Walt Arnold, CCIM, SIOR
Investment Insights
Based on property information with market context.
Located at 2113 Charlevoix St. NW, Albuquerque, NM 87104, this 1,806 SF building presents an investment opportunity. Zoned MX-T and fully occupied, it is suitable for retail or street retail investors. The property features a functional floorplan layout and is situated in the Old Town submarket. The location benefits from high foot traffic and proximity to amenities. The property is located near the Rio Grande and Old Town Plaza, with its boutiques and eateries. Its position near Albuquerque's cultural and commercial hub makes it suitable for attracting locals and tourists.
Key Highlights
- Prime location in the Old Town submarket with high foot traffic.
- Fully occupied 1,806 SF building zoned MX‑T, ideal for retail/street retail.
- Functional floorplan layout.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.1k | $22.20 |
| − Vacancy | −$3.0k | −$1.67 |
| EGI | $37.1k | $20.54 |
| − OpEx | −$11.1k | −$6.16 |
| NOI | $26.0k | $14.37 |
1,806 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$370.9K
$324.5K – $432.7K
NOI $25,960 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.9K
$382.3K – $509.7K
NOI $30,584 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Routes Bicycle Tours ...
Cycling Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fully occupied retail building in a high-traffic Albuquerque location.
Where is this retail space located?
The property is located at 2113 Charlevoix St. NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime location in the Old Town submarket with high foot traffic.; Fully occupied 1,806 SF building zoned MX‑T, ideal for retail/street retail.; Functional floorplan layout.
