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5209 4th St NW

4,510 SF Retail Building Albuquerque, NM 87107 £719,854 (£160/SF)

Executive Summary

1 Acre on a Lit Corner~! Well known and established restaurant on 4th St in Albuquerque. Powdrell's Barbecue Restaurant. Please do not disturb owner's and contact the broker for full details. Listed on the State and National Registry, but not necessary to keep the historic aspect of the building. It's preferred, but not a requirement. Over 4700 SF, excluding the basement storage level. Ability to expand parking and access directly off of 4th st with the existing curb cut. Irrigation well to water the grass and landscaping while using city water and sewer for the business. Possible event center, brewery with food trucks, larger restaurant or another bbq. Could be redeveloped, or redesigned into another restaurant. Over 4750 SF, excluding the basement storage level. The interior features original hardwood floors, decorative tile work, arched cabinet doors, and a brass ceiling fixture. The house is one multi-story and constructed from uniquely patterned red brick. The roofline is complex, consisting of a hip roof with two clipped gables, a diagonal Dutch gable, and a half-hipped dormer. The edges of the roof are rounded off to emulate thatching. The building also features boxed soffits, casement windows, some with semicircular fanlights, and a wrap-around porch with wrought-iron balustrades. Let's bring this beautiful location the attention it needs! Bring your ideas and redevelopment funds to update this building or reimagine it for your own purposes. Great Parking! Minutes from downtown or uptown. Perfect location in the North Valley of Albuquerque.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,510 SF
Building Class
C
Year Built
1949
Price
£719,854
Price Per SF
£160
Tenancy
Single
Number of Floors
1
Building FAR
0.86
Land Acres
0.12 AC
Zoning
MX-M
Parking
22 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
63 ft on 4th St

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-014-061-435175-4-15-18
Land Assessment
£62,865
Improvements Assessment
£84,017
Total Assessment
£146,882
  • Listing ID: 28875938

  • Date on Market: 28/06/2023

  • Last Updated:

  • Address: 5209 4th St NW, Albuquerque, NM 87107

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