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Renovated Cannabis Retail Property
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629 Amherst Dr NE, Albuquerque, NM 87106

MX-L zoning, dedicated parking, building signage, and security improvements support a compact retail operation.

Property Size378 SF
Price / SF$2.67
Days on Market306

Property Features for 629 Amherst Dr NE

General Information

Standard status Active
Size 378 SF
Total Parking Spaces 2
Property subtype Retail
Zoning MX-L
Lease Type Modified Gross

Amenities

Power
Water
Sewer
Natural Gas
Vacant
2 Parking Spaces

Building Details

Year Built 1950
Tenancy Single Tenant
Listing Agency: Berkshire Hathaway NM Commercial Real Estate
Listed By: Jacob Lopez · License #50903
Source: Carnm.resimplifi
Added: Oct 27, 2025 Changed: Aug 28 Last Checked: Aug 28 at 6:52AM

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 Berkshire Hathaway NM Commercial Real Estate

Investment Insights

Based on property information with market context.

This 378 SF cannabis retail property was built in 1950 and recently renovated. The interior includes a 268 SF open showroom, retail display case, one restroom, and one closet. Building improvements include lighted signage, roll-up security doors, surveillance cameras, and three dedicated parking spaces. Water, sewer, gas, and electricity are piped to the property, with ingress and egress available along the east property line.

The property is located at 629 Amherst Dr NE in Albuquerque’s Nob Hill district, near Central and Carlisle. It is approximately 400 ft from the intersection, where traffic is reported at 18,880 VPD. The surrounding five-mile area includes 222,095 residents and 114,911 daytime employees. MX-L zoning supports the property’s commercial positioning, while its compact layout is suited to a focused retail format.

Key Highlights

  • 378 SF cannabis retail property built in 1950
  • 268 SF open showroom with retail display case
  • Recently renovated with roll‑up security doors and surveillance cameras

Property Analytics

Current Use

Lemon Cannabis Co. ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Carpet & Flooring Store Auto Parts Store Food Market Building Supply

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

2,122
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Shogun Dining
2,416 visits/mo 0.5 miles

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - MX-L zoning, dedicated parking, building signage, and security improvements support a compact retail operation.
Where is this cannabis property located?
The property is located at 629 Amherst Dr NE Albuquerque, NM.
What are key features of this property?
This property features: 378 SF cannabis retail property built in 1950; 268 SF open showroom with retail display case; Recently renovated with roll‑up security doors and surveillance cameras
More about this property
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