1810 Broadway Boulevard SE

Albuquerque, NM 87111
$939,900

About this property

Nestled on the South Broadway corridor between Downtown and the University of New Mexico, 1810 and 1814 Broadway Blvd SE sit at the center of one of Albuquerque's most active reinvestment areas, with the Rail Yards and the Sunport close by and UNM's Target-anchored Lobo Crossing under construction about a mile away, bringing fresh energy and investment to the blocks around it. Two parcels, four spaces, and flexible MX-L zoning that lets retail, warehouse, office, and residential uses live side by side, a combination that is hard to find and harder to assemble. Run your business from the street-front retail and warehouse space while two residences sit on the same dirt paying rent, or hold it as a pure investment and let the mix of commercial and residential tenants spread your risk. This is Broadway frontage with room to grow into the corridor's future.The financials tell the same story. The property is fully occupied and producing $79,200 a year in gross rent, and every space is leased below market. At market

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Details

Price
$939,900
Square feet
10,780
Lot size
0.32 acres
Type
MixedUse
Heating
NaturalGas
Cooling
EvaporativeCooling
MLS #
1112848

Listed by Anita Maestas, Maestas Real Estate Services · (505) 463-3565. Data from the Southwest MLS, refreshed every 15 minutes.

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