Ground-Level Retail
401 Central Avenue NE, Albuquerque, NM 87102
For Sale
$750,000
Pending
Commercial Sale, Albuquerque, NM
Property SizeContact for details
Days on Market1379
Property Features for 401 Central Avenue NE
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Floors in Building
Listing Agency:
ProVision Properties
Listed By:
Jeanette E. Delgado · License NM #17026
(505) 991-2197
Added: Feb 1, 2023
Changed: Oct 30
Last Checked: Nov 10 at 5:06PM
MLS# 1029900
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ground-floor retail condominium is located within City Market Lofts, a building completed in 2004. The space is occupied by Nuve Salon, Edo Spaces, and EDo Storage. Zoning is designated ABQ City.
The property is at 401 Central Avenue NE in Albuquerque. Tenants pay for their electricity and janitorial service and are responsible for non-structural repairs to the space and its equipment, including glass damage. The owner covers condominium dues and property taxes; the dues include building insurance, water, sewer, trash, recycling, and common-area maintenance.
The property is at 401 Central Avenue NE in Albuquerque. Tenants pay for their electricity and janitorial service and are responsible for non-structural repairs to the space and its equipment, including glass damage. The owner covers condominium dues and property taxes; the dues include building insurance, water, sewer, trash, recycling, and common-area maintenance.
Key Highlights
- Occupied by Nuve Salon, Edo Spaces, and EDo Storage
- City Market Lofts building was constructed in 2004
- Tenants cover electricity, janitorial service, and non‑structural repairs, including glass damage
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,957
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Hotels & Casinos 32%
Shops & Services 19%
Home Improvements & Furnishings 1%
Starbucks
Dining
16,432 visits/mo
0.4 miles
Family Dollar
Shops & Services
10,546 visits/mo
0.5 miles
Burger King
Dining
10,284 visits/mo
0.5 miles
DoubleTree by Hilton Hotel
Hotels & Casinos
6,737 visits/mo
0.5 miles
Carl's Jr.
Dining
5,925 visits/mo
0.4 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
$174,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Albuquerque, NM
Properties on Market for Retail space in Albuquerque
Vacancy Rate% for Retail in Albuquerque, NM
Frequently Asked Questions
What type of property is this?
Retail space - Three businesses occupy the commercial space, with tenants handling electricity, janitorial service, and non-structural repairs.
Where is this retail space located?
The property is located at 401 Central Avenue NE 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: Occupied by Nuve Salon, Edo Spaces, and EDo Storage; City Market Lofts building was constructed in 2004; Tenants cover electricity, janitorial service, and non‑structural repairs, including glass damage
