Active
Multi-Tenant Investment Opportunity
1606 Central Ave SE Albuquerque, NM 87106
1 / 7

Overview
Highlights
• Potential owner/occupier opportunity in vacant suite
• Over $250,000 in capital improvements made to property by current owner
• A diverse mix of retail & office tenants with a strong occupancy history
• Located in a high-daytime population area and surrounded by high-density residential
• Close to hundreds of newly-constructed apartment units
• Increased housing and medical development in the area is driving new retail demand
• Great visibility on Central Ave. to ±21,200 cars per day
• One-half mile from I-25
• One minute from Presbyterian Hospital, UNM and CNM
• 37 reserved parking spaces
• Located on Historic Route 66
Attachments
Links
For Sale
Retail
Investment
- Sale Price
- $1,600,000
- Price Per SF
- $118.1/SF
- Cap Rate
- 5.27%
- Building Size
- 13,553 SF
- Acres
- 0.6517 ac
- Zoning
- MX-M
- Zoning Description
- Mixed Use Moderate Intensity
- Net Operating Income
- $84,344.36
- Floors
- 2
- Year Built
- 1950
- Submarket
- University
- Property Use Type
- Investment
- Property Status
- Existing
- Vehicles Per Day
- 21,200 VPD
- County
- Bernalillo
- Available
- 0025-07-21
- Created
- 2025-07-21
- Updated
- 2025-07-22
- Listing ID
- cd07d372
- Parcel APN
- 101505733330210310