Active

637 Broadway Blvd SE

637 Broadway Blvd SE, Albuquerque, NM 87102

1 / 36

Overview

A WORLD OF OPPORTUNITY AWAITS at 637 Broadway Boulevard SE, where two prime buildings are linked by a breezeway—a peaceful spot for outdoor seating. Imagine your retail vision coming to life in this MX-L zoned gem, with spacious offices, clever storage, a handy kitchenette, grand display rooms, and modern bathrooms. Whether it's a boutique, café, or creative hub, this space offers a canvas ripe for artistic innovation. Imagine transforming the ample square footage into a performing arts space or a film studio—two creative concepts that could thrive in this vibrant location. Current tenant is in year 2 of a 5-year Lease with a potential for 8% CAP Rate! 

Attachments

For Sale

Industrial
Investment

Secondary Uses: Cannabis, Mixed Use, Warehouse/Distribution

Sale Price
$1,100,000
Price Per SF
$242.6/SF
Cap Rate
8.36%
Building Size
4,535 SF
Office SF
150 SF
Warehouse SF
3,700 SF
Acres
0.1042 ac
Zoning
MX-L
Zoning Description
Mixed Use Low Intensity
Gross Income
$96,000
Net Operating Income
$92,013.80
Total Expenses
$3,986.20
Tenant
Galileo Cannabis
Floors
1
Parking Spaces
3
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
100%
Drive-In Number
1
Warehouse HVAC
Yes
Nearest Interstate
I-25 - 0.6 mi
Distance To Airport
3.4 mi
County
Bernalillo
Available
08/08/2025
Created
08/08/2025
Updated
10/07/2025
Listing ID
072acf95
Parcel APN
101405733015431731

Property Area Insights

presented by Placer.ai