500 Central Ave SW Albuquerque, NM 87102
Iconic 1906 building with redevelopment potential in Downtown Albuquerque.
Property size:
12,859 SFLot size:
0.17 AcresProperty Features for 500 Central Ave SW
General Information
- Standard status
- Active
- Size
- 12,859 SF
- Lot size
- 0.17 Acres
Source:
Crexi
Listing Agency: NAI Sun Vista Listing Agent: Alexis Lovato
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Mixed-Use Building on Route 66
This iconic historic building, constructed in 1906, occupies a prominent hard corner at Central Ave. & 5th St., offering prime Route 66 frontage in the heart of Downtown Albuquerque. The property presents an opportunity for mixed-use conversion to residential, a boutique hotel, or shop space. It features multiple storefronts with excellent visibility and multi-tenant flexibility. Notably, it houses the second-oldest restaurant location in Albuquerque, Lindy’s Diner. The building includes two levels; the upper level, encompassing approximately 5,880 square feet, formerly a hotel, is currently vacant and ready for redevelopment. This property offers adaptive reuse, value-add, or full redevelopment potential. It is located within the Downtown Revitalization Corridor, with property tax abatement and MRA funding available. The surrounding area features government, office, entertainment, and residential density. Three of the bottom retail units are currently leased. The property size is 12,859 square feet.
Location Intelligence
Current Use by Public Records
Decker Jennifer
Dental Office
Lindy's Diner
Restaurant
Bliss Building
Tour Operator
Dr. Domingo Valles
Dental Office
Jerry Peeler's Florist ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.6420656
- Latitude
- 35.0831721
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Iconic 1906 building with redevelopment potential in Downtown Albuquerque.
Where is this mixed-use property located?
The property is located at 500 Central Ave SW Albuquerque, NM.
What are key features of this property?
This property features: - Prime Route 66 frontage on Central Ave. & 5th St. in Downtown.; - Opportunity for mixed-use conversion (residential, boutique hotel, shop space).; - Multiple storefronts with excellent visibility and multi-tenant flexibility.
