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Divisible Retail Space
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423 & 425 San Mateo Blvd NE, Albuquerque, NM 87108

Adaptable commercial layout with enclosed offices, work areas, a kitchen and break room, plus parking on both sides of the building.

Property SizeContact for details
Days on Market143

Property Features for 423 & 425 San Mateo Blvd NE

General Information

Standard status Active
Property subtype Retail
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Elisa Cardenas · License #NM 48787
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 4:56PM

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.

This retail property offers a flexible interior arrangement suited to multiple-tenant planning. The floor plan includes private offices, open work areas, and a kitchen with break room space, allowing the premises to support varied retail or office configurations. The layout can be divided for separate users.

Parking is provided at the front and rear of the building. The property is situated in Albuquerque’s University area, with Nob Hill located minutes away. The listed address includes 423 and 425 San Mateo Blvd NE.

Key Highlights

  • Retail property with a layout that can be divided for multiple tenants
  • Interior includes private offices, work areas, and a kitchen with break room space
  • Parking available at both the front and rear of the building

Property Analytics

Current Use

D's Retail Custom T-Shirt Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Kitchen & Bath Showroom Building Supply Parking Lot & Garage

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

2,080
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
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?
Retail space - Adaptable commercial layout with enclosed offices, work areas, a kitchen and break room, plus parking on both sides of the building.
Where is this retail space located?
The property is located at 423 & 425 San Mateo Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: Retail property with a layout that can be divided for multiple tenants; Interior includes private offices, work areas, and a kitchen with break room space; Parking available at both the front and rear of the building
(505) 833-0538 Call to check price and availability
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