Downtown Property for Investors or Owner Occupied
637 Broadway Blvd SE, Albuquerque, NM 87102
Overview
A WORLD OF OPPORTUNITY AWAITS WITH ENDLESS POTENTIAL! Take advantage of these TWO properties/THREE structures and bring your vision to life. Primary Building is leased and has 3 of a 5 year remaining. Two other structures include spacious offices/rooms, storage, a kitchenette, grand display rooms, and a building great for renovating! 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. Commercial zoning opens the door to a variety of uses, from retail, to live performances to production hubs.
Attachments
For Sale
Secondary Uses: Cannabis, Light Industrial, Warehouse/Distribution
- Sale Price
- $1,325,000
- Price Per SF
- $216.4/SF
- Cap Rate
- 6.94%
- Building Size
- 6,123 SF
- Office SF
- 150 SF
- Warehouse SF
- 3,700 SF
- Acres
- 0.1042 ac
- Zoning Description
- Mixed Use Low Intensity
- Gross Income
- $96,000
- Net Operating Income
- $92,013.80
- Total Expenses
- $3,986.20
- Tenant
- Galileo Cannabis
- Building Class
- C
- Floors
- 1
- Parking Spaces
- 3
- Submarket
- Downtown
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Warehouse HVAC
- Yes
- Nearest Interstate
- I25 - 0.6 mi
- Distance To Airport
- 3.4 mi
- County
- Bernalillo
- Available
- 08/15/2025
- Created
- 08/09/2025
- Updated
- 10/07/2025
- Listing ID
- 9e97ba48
- Parcel APN
- 101405733015431731
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