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Historic Office Suite in Downtown
For Sale
Contact for pricing
Pending

219 Central Ave Northwest, Albuquerque, NM 87102

2nd and 7th floors available; 2nd is fully improved, while 7th offers a shell with utilities.

Property SizeContact for details
Days on Market43

Property Features for 219 Central Ave Northwest

General Information

Standard status Pending
Property subtype Office

Amenities

rooftop deck
on-site coffee shop
key card access
attached parking garage
on-site security

Building Details

Year Built 1921
Construction business renaissance
Tenancy Multi
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Terrie Hertweck · License #NM 13730
Source: Crexi
Added: Jul 25 Changed: Sep 4 Last Checked: Sep 1 at 8:02PM

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 Colliers - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

The Banque Lofts offers office suite options on the 2nd and 7th floors. The 2nd floor is fully improved, while the 7th floor is delivered as a shell with utilities. The building features distinctive early-1920s business renaissance architecture, including palladian-style windows and crafted decorative elements.

Located in Albuquerque’s downtown business district, the Banque Lofts is off historic Route 66. On-site security and key card access support an exceptionally secure environment. A connected breezeway provides access to an adjacent 3rd Street parking garage. A coffee shop, Mocha Joe’s, operates on the ground floor, and an approximately 8,000 SF rooftop deck with open-air balconies and 360-degree city views is available to tenants.

Additional space in the building includes occupied residential condos and other office and retail tenants that are not included in the offering.

Key Highlights

  • 2nd and 7th floors available for sale separately in the Banque Lofts (originally the First National Bank building).
  • 2nd floor is fully improved; 7th floor is a shell with utilities.
  • ~8,000 SF rooftop deck with 360‑degree city views and open‑air balconies for all tenants.

Property Analytics

Current Use

Contract Associates, a division ... Furniture & Home Goods Duran and McDonald Law Firm SWOP - Southwest Organic ... Specialty Food Shop The Good Barber Barber Shop Legent® Security Services Security Service

Suggested Use

Top Pick Home Appliance Store Locksmith HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,201
Businesses Nearby

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 Office in West region

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

What type of property is this?
Office units - 2nd and 7th floors available; 2nd is fully improved, while 7th offers a shell with utilities.
Where is this office units located?
The property is located at 219 Central Ave Northwest Albuquerque, NM.
What are key features of this property?
This property features: 2nd and 7th floors available for sale separately in the Banque Lofts (originally the First National Bank building).; 2nd floor is fully improved; 7th floor is a shell with utilities.; ~8,000 SF rooftop deck with 360‑degree city views and open‑air balconies for all tenants.
(505) 228-8818 Call to check price and availability
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