Office & Restaurant Space | Central & 4th 316-320 Central Ave SE 10,613 SF Retail Building Albuquerque, NM 87102 £2,182,936 (£205.69/SF)
INVESTMENT HIGHLIGHTS
- Turn-key restaurant and bar
- 32 on-site parking stalls
- 820 sq/ft fenced patio
- Adjacent street parking
EXECUTIVE SUMMARY
316 – 320 Central Ave SE is an urban commercial property located in the East Downtown submarket of Albuquerque, NM. It is a single-story building with additional mezzanine office and finished basement buildout. Currently occupied by The Range Café, this 6,126 SF turn-key restaurant and bar opportunity includes an 820 SF fenced patio, 32 onsite parking stalls, and adjacent street parking. The Range Café also has its corporate and back office functions in the contiguous 4,487 SF of Class A finished office space included in the offering. The entire building can be delivered vacant and all existing restaurant FF&E will convey.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,613 SF
Building Class
C
Year Built
1936
Price
£2,182,936
Price Per SF
£205.69
Tenancy
Single
Number of Floors
1
Building FAR
0.84
Lot Size
0.29 AC
Zoning
MX-L - Mixed Use - Low Intensity
Parking
32 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-014-057-404377-1-15-06 | Improvements Assessment | £54,499 |
| Land Assessment | £23,040 | Total Assessment | £77,539 |
