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Mixed-Use Property with Leasable Space
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2500 SW CENTRAL Avenue, Albuquerque, NM 87104

Commercial property combining an available buildout with leased apartments, additional lodging, shared ADA restrooms, and transit access.

Property SizeContact for details
Days on Market36

Property Features for 2500 SW CENTRAL Avenue

General Information

Standard status Active
Property subtype CommercialLease
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 32
Listing Agency: EXP Realty LLC
Listed By: Coralee H Quintana · License #48091
Source: Remprops
Added: Jul 26 Changed: Aug 29 Last Checked: Aug 29 at 8:26PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use property includes Building A, a 1,840 SF plumbed space available for lease, along with two shared ADA restrooms. Buildings B and C are fully leased, and the site includes 32 fully leased apartments. Momo Cocktail Lounge and Ponderosa Tap Room are identified among the onsite uses.

The property is positioned in Albuquerque’s Old Town, across from the Botanical Gardens and Aquarium. An ABQ Rapid Transit stop is nearby, with reported traffic volumes of 26,100 vehicles per day on Central Ave and 30,100 vehicles per day on Rio Grande Blvd. The surrounding lodging component includes 42 adjacent motel rooms and a new hostel.

Key Highlights

  • Building A includes 1,840 SF of plumbed space available for lease
  • Buildings B and C are fully leased
  • 32 fully leased apartments are located onsite

Property Analytics

Current Use

MERC 66 (Bike/Boat/Book/etc) Store El Vado Motel Hotel & Motel Fair Trade Yoga ... Gym & Fitness Center Buen Provecho Restaurant Leroy Gettler - State ... Insurance Agency

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Storage Facility Locksmith HVAC Service

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

32
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,458
Businesses Nearby

Demographics for 87104, NM

12,537
Population
6,628
Households
1.9
Avg Household Size
43
Median Age
48%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
2,985
Density / Sq Mi
$67,714
Median Household Income
$55,156
Median Earnings
$1,022
Median Rent
$300,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property combining an available buildout with leased apartments, additional lodging, shared ADA restrooms, and transit access.
Where is this mixed-use property located?
The property is located at 2500 SW CENTRAL Avenue Albuquerque, NM.
What are key features of this property?
This property features: Building A includes 1,840 SF of plumbed space available for lease; Buildings B and C are fully leased; 32 fully leased apartments are located onsite
More about this property
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