Property Details for 5913-5915 Central Ave

Year built

1979

Property size

7,947 SF

Property type

Retail properties & Spaces

Property subtype

Office properties & Spaces

Description

This exceptional Albuquerque investment opportunity presents a portfolio of two properties totaling 12,947 square feet, available for sale together or separately. The main property, located at 5913-5915 Central Ave NE, is a 7,947 square foot vacant storefront featuring an open floor plan, ceilings ranging from 10 to 11 feet high, and a single overhead door. This building, constructed in 1979, sits on a substantial 28,314 square foot lot and is zoned MX-M and MX-H, offering considerable flexibility for various retail uses. The neighboring property, situated at 111 Cardenas Dr, comprises an additional 5,000 square feet of space, also boasting an open floor plan and 9-foot ceilings. This building includes a secure parking lot, a significant advantage for tenants and customers. Both properties are located in Bernalillo County, Albuquerque, New Mexico, zip code 87108, and offer a combined 12,947 square feet of adaptable retail space. The asking price for the entire portfolio is $750,000. This is a rare chance to acquire a well-positioned, mixed-use property portfolio in a thriving Albuquerque location. The properties' open floor plans and ample square footage provide significant potential for a variety of retail ventures. The secure parking lot associated with the Cardenas property adds further value and appeal. This is a turnkey opportunity for investors seeking a strong return on investment in a desirable Albuquerque market.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Longitude

-106.58

Latitude

35.0774