Modern Mixed-Use Development in
950 4th St NW, Albuquerque, NM 87102
33,000 SF mixed-use property with apartments and commercial space.
Type:Mixed Use, Multifamily, Retail
Property size:
33,312 SFPrice / SF:
$135/SF- Added:
- Dec 16, 2019
- Days on Market:
- 2357
- Last Refresh:
- May 19 at 10:16 pm
Property Features for 950 4th St NW
General Information
- Standard status
- Active
- Size
- 33,312 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Listing agent Terrie Hertweck License #NM 13730
Listing office Colliers - Albuquerque, New Mexico
Listing date Dec 16, 2019
Source Crexi
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
HighLights
- Adaptable ground‑floor commercial space (±7,950 SF) ideal for various programs.
- 23 residential units (one-, two-, and three‑bedroom), currently 87% occupied.
- Prime Route 66 location with high visibility and transit access.
- Secure, fenced and gated parking (on‑site + off‑street with lighting).
- Residential units feature full kitchens, in‑unit washer/dryers and balconies.
- Flexible design allows for owner occupancy or tenant adaptation for various uses.
Overview
Anthea @ The Granite is a 33,000 square foot mixed-use development located in Albuquerque’s NOLO district. Constructed in 2014, the property includes 23 one-, two-, and three-bedroom apartments, which can be converted to dorm-style living, and approximately 7,950 square feet of adaptable ground-floor commercial space. The residential units are currently 87% occupied and are available furnished or unfurnished. They feature full kitchens, in-unit washer/dryers, and balconies. The ground floor has dual entrances, a garage-style window opening to a patio, and visibility along 4th Street. The property has secure, fenced and gated parking, ADA-compliant elevators, an exercise facility, a business center/conference room or program space, on-site laundry, and optional housekeeping, a lobby, and a manager’s office. It is located in a prime Route 66 location with transit access and high visibility from 4th Street, within walking distance to restaurants, retail, and community amenities, and in close proximity to UNM Hospital, Lovelace, Presbyterian Behavioral Health, and VA outpatient clinics. The property's design allows for owner occupancy or tenant adaptation. It is suited for recovery, mental health, transitional, or supportive housing programs, structured sober living, transitional housing, or therapeutic residences. The ground floor is suitable for group meeting rooms, counseling offices, medical intake, or administrative use, with the option to add up to 11 additional units for a total of 34. It is also suitable for medical/behavioral health providers, re-entry programs, youth services, or veteran housing initiatives.
Property Profile
Location Intelligence
Current Use by Public Records
Anthea @ the Granite
Hotel & Motel
Albuquerque Interpersonal Therapy ...
Corporate Office
HomeBase
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.649722
- Latitude
- 35.0937249
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 33,000 SF mixed-use property with apartments and commercial space.
Where is this mixed-use property located?
The property is located at 950 4th St NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Adaptable ground‑floor commercial space (±7,950 SF) ideal for various programs.; 23 residential units (one-, two-, and three‑bedroom), currently 87% occupied.; Prime Route 66 location with high visibility and transit access.
