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11,400 SF MIXED USE BUILDING FOR SALE/UNITS AVAILABLE FOR LEASE

2527/2533 Virginia St NE Albuquerque, NM 87110

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Overview

This property is now under new management with SVN/Walt Arnold Commercial Brokerage, ensuring excellent service for both tenants and owners. Located in a sought-after neighborhood with convenient access to Menaul, Wyoming, and I-40, this well-maintained property offers a fantastic investment opportunity. The single-story property consists of two buildings on two lots with 19 units, providing a diverse range of tenant possibilities. With the flexibility to house retail shops, professional services, or medical facilities, the location is near the mall, shopping centers, restaurants, gas stations, banks, schools and churches, adding to its appeal. The suites have been recently renovated, and ample parking is available. Built in 1975, this 11,400 SF office building is zoned for mixed-use and is situated in the NE Heights area of Albuquerque.This investment property, which can also be utilized as an owner-operator, offers excellent potential for retail or office-based businesses and is strategically positioned for long-term value and returns. Call or text now with any questions or to schedule a showing.

* Professionally managed and maintained by a well-established company, ensuring efficient property upkeep and  tenant relations

* Prime location in Albuquerque situated in a well-established neighborhood

* Spacious Layout and adaptable floor plans to suit different business needs

* Ample parking convenient for customers and employees

* Family-Friendly Neighborhood and close proximity to schools and churches

* Close proximity to major transportation and/or bus routes

* Diverse tenant options

* Flexible, affordable and great growth potential for start-up or established businesses

* Suitable for various office or retail uses

* Small outside patios available in some suites

* Shared common areas per every three units

Lease Spaces

NameRateSFFormer Use
A$825 /Month600 SFHair Salon
B$750 /SF/Year550 SFMixed Use
D$800 /Month570 SFMixed Use
G$900 /SF/Year640 SFMixed Use
J$1,100 /Month817 SFMixed Use

For Sale/Lease

Office
Retail
Lease Rate
$800 - $1,100 Month
Available SF
550 - 817 SF
Sale Price
$1,150,000
Price Per SF
$100.9/SF
Building Size
11,400 SF
Acres
0.75 ac
Zoning
MX-L
Sale Terms
Owner Financing
Structure
Full Service
Signage
On Building
Do Not Disturb Tenant
Yes
Showing Instructions
Contact Broker
Rent Escalators
Percentage Lease
Building Class
B
Number Of Buildings
2
Floors
1
Year Built
1971
Year Renovated
2021
Parking Spaces
32
Submarket
Northeast Heights
Nearest MSA
Albuquerque
Nearest Interstate
Interstate 40
Nearest Airport
Albuquerque International Sunport
Water Provider
Water Utility Authority
Sewer Provider
Water Utility Authority
Natural Gas Provider
Gas Co of NM
County
Bernalillo
Created
2022-04-26
Updated
2025-04-03
Listing ID
9d82b373
Parcel APN
101905945830910607

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