Map of Property

1602 Central Ave SE

For Sale

1602 Central Avenue SE, Albuquerque, NM 87106

This Albuquerque property for sale is located at 1602 Central Avenue SE. The general use of 1602 Central Ave SE is retail and it incorporates 13,553 square feet of class C retail space. The current listed sale price for 1602 Central Ave SE is $1,550,135. 1602 Central Ave SE is situated on a lot that is 0.65 acre in size.

Contacts

broker

John Algermissen

NAI SunVista

(505) 998-5734

broker

Genieve Posen

NAI SunVista

(505) 998-1568

Property Details

  • Property Type Retail
  • Property Size 13,553 SF
  • Lot Size 0.65 Acre
  • Cap Rate % 8.07
  • Parking Spaces Avail. 37
  • Parking Ratio 2.73 / 1,000 SF
  • Building Class C
  • Year Built 1963
  • Date Updated Mar 5, 2024

A diverse mix of retail & office tenants with a strong occupancy history • Located in a high-daytime population area and surrounded by high-density residential • Close to hundreds of newly-constructed apartment units • Increased housing and medical development in the area is driving new retail demand • Great visibility on Central Ave. to ±21,200 CPD • One-half mile from I-25 • One minute from Presbyterian Hospital, UNM and CNM • 37 reserved parking spaces • Located on the Historic Route 66

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Getting around

  • 85/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Albuquerque, NM
  • Neighborhood Silver Hill
  • Zip Code 87106
  • Market Albuquerque

Points of Interest

  • Albuquerque

    1.07 miles

  • Africa Train Station

    1.83 miles

  • Asia Train Station

    2.07 miles

  • Tingley Station

    2.60 miles

  • Aquarium/Garden Station

    3.02 miles

  • Montaño

    3.85 miles

  • Bernalillo County/International Sunport

    3.88 miles

  • Los Ranchos/Journal Center

    6.60 miles

  • Sandia Pueblo

    9.11 miles

  • Isleta Pueblo

    9.64 miles

  • Alon

    0.08 miles

  • Smiths Food and Drug Fuel Center

    0.59 miles

  • Alon

    0.91 miles

  • Shell

    1.01 miles

  • Valero

    1.19 miles

  • Chevron

    1.24 miles

  • ChargePoint

    1.29 miles

  • Alon

    1.52 miles

  • Phillips 66

    1.55 miles

  • Smith's

    1.64 miles

  • Maxwell Museum Parking

    0.33 miles

  • North Lot

    0.37 miles

  • Smith Brasher West Lot

    0.40 miles

  • Smith Brasher East Lot

    0.42 miles

  • Ted Chavez Lot

    0.46 miles

  • Central Lot

    0.47 miles

  • Jeanette Stromberg Lot

    0.52 miles

  • Smith Brasher South Lot

    0.53 miles

  • Central New Mexico Community College Paid Parking

    0.58 miles

  • Physical Plant Department Lot

    0.60 miles

  • Yasmine's Cafe

    0.02 miles

  • Wendy's

    0.14 miles

  • Dunkin'

    0.19 miles

  • DG's Deli & Market

    0.21 miles

  • Thai House

    0.27 miles

  • Pita Pit

    0.29 miles

  • Naruto Ramen

    0.30 miles

  • O Ramen

    0.31 miles

  • Bandido Hideout

    0.34 miles

  • Times Square Deli Mart A touch of Manhattan

    0.35 miles

  • La Montanita

    0.50 miles

  • Smith's

    0.53 miles

  • Stadium Super Market

    1.20 miles

  • Silver Street Market

    1.21 miles

  • Nob Hill Body and Soul Center

    1.59 miles

  • Lowes Foods

    1.88 miles

  • Whole Foods Market

    1.99 miles

  • Walmart Supercenter

    2.34 miles

  • Sprouts Farmers Market

    2.34 miles

  • Walmart Supercenter

    2.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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