401 San Felipe St. NW

Highlights:

• Great location in Old Town
• Near many amenities
• High foot traffic
• Functional building layout

Description:

Presenting a great investment opportunity at 401 San Felipe St. NW, Albuquerque, NM, 87104. This 4,056 SF building, zoned MX-T, offers a functional layout within a well-maintained structure, making it an ideal choice for retail or street retail investors. Upstairs is an apartment over 2,000 SF. With its location in Old Town and high foot traffic, this property is a promising prospect for those seeking a lucrative venture.

Discover the eclectic charm and vibrant energy surrounding the area of 401 San Felipe St. NW in Albuquerque, NM, a location ripe with retail potential. Situated in the iconic Old Town Plaza, investors will find a unique opportunity to tap into the area's rich cultural heritage, with a mix of specialty shops, galleries, and local eateries. The property's strategic position offers access to a steady flow of visitors and residents, making it an appealing investment for retail/street retail investors seeking to become part of the lively commercial fabric of Albuquerque. With its blend of historical allure and modern appeal, the area presents an exciting canvas for retail innovation and success.

All city utilities are available to the property, which include water, gas, sewer, and electrical services.

The subject site is located on the northwest corner of San Felipe St. and Church St. NW. The site is approximately .06 Acres or 2,613 Square Feet, two story Pueblo style structure. It is fairly level and on street grade. The property consists of a detached, adobe stucco pueblo style building. It is primarily two retail stores on the first level and an apartment on the second level. Ground floor suits are 1,402 square feet and 1,227 square feet with a retail and 2nd floor is an apartment containing approximately 1,427 square feet with one bedroom, and balcony.

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