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Beautiful Office/Live-Work Building in Nob Hill

120 Morningside Dr SE Albuquerque, NM 87108

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Overview

From the moment you walk into an original George Pearl design of 1949 that was once an art gallery, you will be astonished by a complete and beautiful office renovation in 1997 by Strell Design.  An office feeling of being “at home” is experienced with 11’ ceilings and ambient light throughout the efficient layout containing 2,800 square feet. A great mix of offices, conference room, collaborative work areas, marketing room, kitchen, and storage. Layout is so flexible; it can be demised into two 1,400 square foot suites with each having their own entrance. 


All new electrical, TPO Roofs, doors, double pane windows, cabinetry, appliances, transom window features, and partition walls.  CMU block with 4.5” steel truss system provide for an overly engineered and solid constructed building.  Operating expenses are very low with solar panels providing the electricity while radiant heat provides warmth without circulating air.   


In 2007, an additional 1,800 square feet two story live-work addition was added with 900 square feet of beautiful studio/work area and 900 square feet modern loft apartment on the second floor.  With polished concrete floors, clean lines, private balcony, and functional overhead glass door opening up to an inviting and secure courtyard. 


Pride of ownership is exuded.  This property is a “must see” offering a prospective buyer several opportunities.  To begin, Seller will consider owner financing.  Seller would prefer to lease back the 1,800 square feet of live-work space which is totally private from the 2,800 square feet. Own and operate your business in 2,800 square feet and have a tenant occupying 1,800 square feet.  The property works well for professional office users, yoga, massage, physician, retail, art gallery, or possibly a restaurant having a Santa Fe feel.

  • Building Signage
  • Pride of ownership 
  • Secure with beautiful accent iron work
  • 100% renovated in 1997 
  • Live-work studio constructed in 2007
  • Located in NobHill 
  • Live, work, and shop all within walking distance 
  • Real Estate Contract considered
  • Sale/Lease back of Live-Work Studio Preferred

Lease Spaces

NameRateSF
Office Space$20 /SF/Year2,800 SF
Live-Work Studio$20 /SF/Year1,800 SF

Attachments

For Sale/Lease

Office

Secondary Uses: Office Building, Mixed Use

Lease Rate
$20 SF/year
Available SF
1,800 - 2,800 SF
Sale Price
$1,195,000
Price Per SF
$259.8/SF
Building Size
4,600 SF
Acres
0.25 ac
Zoning
MX-M
Zoning Description
Moderate Intensity
Structure
Full Service
Floors
2
Submarket
University
County
Bernalillo
Created
2024-12-11
Updated
2024-12-11
Listing ID
061fff64
Parcel APN
101705714120133814

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