3 bldg complex near UNM - Residential redevelopment opportunity
2500 Garfield Ave SE Albuquerque, NM 87106
![](https://storage.googleapis.com/resimplifi-associate/carnm/images/c73dfc30/3-bldg-complex-near-unm-residential-redevelopment-opportunity-9bb658bc.webp)
Overview
Three building office complex near UNM for sale. Each building is situated on its own fee simple lot. Currently leased as executive suites with a 2,800+- SF vacant space available for owner occupied user. The complex has three buildings with a total of 21 executive suites, 2 garage units, 1 large vacant office/retail suite in shell condition needing TI and 2 detached storage buildings. The leased executive suites are on short term leases (all expiring in less than 12 months) so if the buyer is looking to redevelop the income can be kept during planning stages. Entire complex for sale at $1,300,000 but seller will consider selling individual fee simple lots/buildings.
For Sale
Secondary Uses: Mixed Use, Student Housing, Business Park, Executive Suites, Medical, Strip Center
- Sale Price
- $1,300,000
- Price Per SF
- $124.3/SF
- Building Size
- 10,462 SF
- Acres
- 0.55 ac
- Zoning
- MX-T
- Tenant
- Executive Suites
- Building Name
- Garfield Plex
- Parking Spaces
- 37
- Submarket
- University
- Property Status
- Existing
- County
- Bernalillo
- Created
- 2024-07-17
- Updated
- 2024-07-17
- Listing ID
- c73dfc30