5913-5915 Central Ave Albuquerque, NM 87108
- Retail properties
- 7,947 SF
Current Use by Public Records
- Retail properties
Property Details for 5913-5915 Central Ave
- Year built
- 1979
- Property size
- 7,947 SF
- Property type
- Retail properties
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.58
- Latitude
- 35.0774
