Nob Hill Office/Retail

Highlights:

• BUILDING & SITE: » 2,871 SF Total Contiguous Space » 957 SF Per Suite | 3 Divisible Suites
• Available: 957 SF | 1,914 SF | 2,871 SF » .23 Acres » Zoned MX-M — Mixed-Use Medium Intensity
• Zoned MX-M — » Open Work Area | Ready for Customization 2 Restrooms Per Suite
• Open Work Area ,Gated Secured Yard and Yard Space » 6 Parking Spaces | 2/1,000 SF Park Ratio
• Dedicated Ingress/Egress from East Property Line LOCATION: 30,000 VPD — Central / Jackson
• Directly off Central Avenue — Albuquerque’s Primary Commercial Corridor
• Less than 1 Mile from San Mateo Blvd & Interstate I-40 TRADE AREA – 5-MILE RADIUS: Population: 253,827
• Average Household Income: $69,355
• Located within the Central/Highland/Upper Nob Hill Metropolitan Redevelopment Area
• Eligible for City-Backed Tax Abatements & TIF Incentives
• MX-M Zoning Supports Future Higher-Density or Mixed-Use Repositioning
• Strong Owner-User Play — Occupy One Suite, Lease the Remaining Two Daytime Employees: 215,755 INVESTMENT & ZONING UPSIDE

Description:

Positioned just steps from Central Avenue—Albuquerque’s most heavily trafficked commercial corridor—this versatile multi-suite property presents a compelling opportunity for owner-users, investors, and tenants alike. Situated on .23 acres and zoned MX-M (Mixed-Use Medium Intensity), one of the city’s most flexible commercial designations, the property features a total of +/- 4,785 square feet across five individually divisible +/- 957 SF suites. The offering includes all five units for sale (totaling 4,785 SF), while Units 1–3 are currently available for lease, totaling 2,871 SF. Each suite offers an open-plan layout ready for customization, two restrooms, and access to a gated, secure yard—ideal for contractors, service-based businesses, or users requiring outdoor storage or staging. The property sits less than one mile from San Mateo Boulevard and Interstate I-40, with 30,000 VPD on Central Avenue and dedicated ingress/egress from the east property line. The surrounding trade area includes 253,827 residents within a 5-mile radius and an average household income of $69,355 — one of the densest and most active submarkets in New Mexico. The Central/Highland/Upper Nob Hill Metropolitan Redevelopment Area expansion brings city-backed tax abatements and TIF incentives to the corridor, and MX-M zoning supports future higher-density or mixed-use repositioning for long-term upside well beyond the current improvements. For investors, the property supports a multi-tenant income strategy with the flexibility to lease one, two, or all three suites at market rate — while owner-users can occupy one suite and lease the remaining two to offset their cost basis.

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