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Remodeled Mixed-Use Property
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419 Coal Ave SW, Albuquerque, NM 87102

Historic downtown asset with private offices, a bar space, and an attic short-term rental.

Property SizeContact for details
Days on Market141

Property Features for 419 Coal Ave SW

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Resolut RE Albuquerque
Listed By: Martin Richardson · License #20240120
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:09PM

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 Resolut RE Albuquerque

Investment Insights

Based on property information with market context.

This historic downtown Albuquerque property was recently remodeled and configured for mixed commercial and hospitality use. The main level includes multiple private offices along with a larger centrally positioned office that can serve as a conference room. The property also includes a bar and venue layout associated with its current speakeasy configuration.

An attic area has been converted into an Airbnb and has been continuously rented. The property is located at 419 Coal Ave SW in Albuquerque, providing a combination of office, bar, and short-term rental components within one building.

Key Highlights

  • Recently remodeled historic property in downtown Albuquerque
  • Current speakeasy configuration with bar and venue space
  • Multiple private offices plus a larger central office suitable for conferences

Property Analytics

Current Use

419 Coal Ave ... Parking Lot & Garage UN-17 Association / Organization

Suggested Use

Top Pick HVAC Service Locksmith Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring 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

2,978
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 - Historic downtown asset with private offices, a bar space, and an attic short-term rental.
Where is this mixed-use property located?
The property is located at 419 Coal Ave SW Albuquerque, NM.
What are key features of this property?
This property features: Recently remodeled historic property in downtown Albuquerque; Current speakeasy configuration with bar and venue space; Multiple private offices plus a larger central office suitable for conferences
(505) 259-9989 Call to check price and availability
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