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New Owners | Redevelopment Opportunity | Sycamore Square | 1400 Central SE

1400 Central Ave SE Albuquerque, NM 87106

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Overview

Investment/Redevelopment opportunity - Under new ownership
Ideal for affordable housing, multifamily, medical office, institutional, senior living

Capital improvement funds available
Opportunity Zone
Easy access to I-25/I-40

3 story, elevator building
Cold shell delivery (all systems ready to buildout)

HVAC & Sprinkler-Ready

1200 AMP
Food prep space/retail
High ceilings - 10 ft ceilings (to truss)
Built in 1986

Parking garage + overflow
3rd floor balconies w/city views
 

Lease Spaces

NameRateAcres
Sycamore PlazaNegotiable0.49 ac

Attachments

For Sale

Multifamily
Healthcare

Secondary Uses: Coworking, Governmental, Institutional, Medical, Mixed Use, Flex Space, Office Building, Free Standing, Restaurant, Retail-Pad, Showroom

Sale Price
$1,000,000 - 1,800,000
Price Per SF
$47.2/SF
Building Size
21,170 SF
Acres
0.4859 ac
Build To Suit
Yes
Zoning
MX-M
Zoning Description
Moderate Intensity
Building Name
Sycamore Square
Building Class
C
Floors
3
Year Built
1986
Parking Spaces
50
Submarket
University
Property Use Type
Vacant/Owner-User
Property Status
Existing
Nearest Interstate
I-25 - 0.5 mi
Nearest Airport
ABQ - 2 mi
County
Bernalillo
Created
2024-12-19
Updated
2025-02-25
Listing ID
c6c0d37f
Parcel APN
101505725631521311

Placer Mobility Data