1700 Central Ave SE Albuquerque, NM 87104

Property Details for 1700 Central Ave SE

Year built

1926

Lot size

0.16 lot acres

Property size

11,599 SF

Property type

Retail space

APN

1-015-057-352-296-1-04-13

APU

101505735229610413

Description

This exceptional 15,266-square-foot executive office building is strategically located at 1700 Central Ave SE in Albuquerque, New Mexico, 87106. Priced at $1,260,000 ($82.54 per square foot), this Class C property presents a compelling investment opportunity or owner-user scenario. Currently, the building enjoys 50% occupancy with an existing tenant. The property features a highly visible location with excellent street frontage and monument signage, ensuring high traffic and visibility. Its versatile design is suitable for a variety of uses. The building boasts up to five roll-up doors, making it ideal for businesses requiring loading and unloading capabilities. The property is described as offering live/work space potential, further enhancing its appeal. This Albuquerque office building is situated in Bernalillo County and offers a significant opportunity for investors and businesses alike. The gross lease structure simplifies management, and the multi-tenancy aspect provides income diversification potential. The building's strong facade and prominent location contribute to its overall attractiveness. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Albuquerque market.