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Office & Restaurant Space | Central & 4th 316-320 Central Ave SE

10,613 SF Retail Building Albuquerque, NM 87102 £2,159,668 (£203.49/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.

ATTACHMENTS

Offering Memorandum - 316-320 Central Ave SE - 1.1.25

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
£2,159,668
Price Per SF
£203.49
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
118 ft on Arno St

AMENITIES

  • Pylon Sign
  • Signage
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Tucanos Brazilian Grill
Starbucks
Bank of Montreal
WaFd Bank
PNC Bank
U.S. Bank
The YMCA
Lowe's Supermarket

PROPERTY TAXES

Parcel Number 1-014-057-404377-1-15-06 Improvements Assessment £53,918
Land Assessment £22,795 Total Assessment £76,713

PROPERTY TAXES

Parcel Number
1-014-057-404377-1-15-06
Land Assessment
£22,795
Improvements Assessment
£53,918
Total Assessment
£76,713
(505) 507-1678

CONTACTS

  • Listing ID: 32936838

  • Date on Market: 23/08/2024

  • Last Updated:

  • Address: 316-320 Central Ave SE, Albuquerque, NM 87102

The EDo Retail Property at 316-320 Central Ave SE, Albuquerque, NM 87102 is currently available. Contact Colliers New Mexico for more information.

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Office & Restaurant Space | Central & 4th | 316-320 Central Ave SE
(505) 507-1678 x

Office & Restaurant Space | Central & 4th | 316-320 Central Ave SE

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Benjamin Perich

(505) 507-1678

(505) 507-1678

Chase Ruffin

(505) 883-7676

(505) 883-7676

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