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Historic Banque Lofts on Central
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219 Central Ave NW, Albuquerque, NM 87102

Landmark mixed-use property in downtown Albuquerque, originally First National Bank.

Days on Market1625

Property Features for 219 Central Ave NW

General Information

Standard status Active
Property subtype Mixed Use, Multifamily, Office, Retail

Building Details

Year Built 1921
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Terrie Hertweck · License #NM 13730
Source: Crexi
Added: Feb 16, 2022 Changed: Jul 10 Last Checked: Jul 30 at 5:41AM

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, originally designed by Henry Charles Trost of Trost and Trost Architectural Firm, blends urban life with contemporary design while maintaining the business renaissance style of the early 1920s. Featuring palladian style windows, medallions, and pilasters, this architectural marvel became an Albuquerque landmark in 1979. Historically known as the First National Bank building, The Banque Lofts was Albuquerque’s first skyscraper, originally built in 1921. It remains one of the tallest structures on downtown Central Ave, part of the original Route 66, and holds a distinguished place in the Albuquerque skyline. The property is located at 219 Central Ave NW, Albuquerque, NM 87102.

Key Highlights

  • Historic Landmark: Albuquerque's first skyscraper (1921) and a landmark since 1979.
  • Architectural Significance: Designed by Henry Charles Trost, blending urban life with business renaissance style.
  • Unique Architectural Features: Admire the Palladian style windows, masterfully crafted medallions and pilasters.

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.

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?
Mixed-use property - Landmark mixed-use property in downtown Albuquerque, originally First National Bank.
Where is this mixed-use property located?
The property is located at 219 Central Ave NW Albuquerque, NM.
What are key features of this property?
This property features: Historic Landmark: Albuquerque's first skyscraper (1921) and a landmark since 1979.; Architectural Significance: Designed by Henry Charles Trost, blending urban life with business renaissance style.; Unique Architectural Features: Admire the Palladian style windows, masterfully crafted medallions and pilasters.
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