Redevelopment Opportunity Across from ABQ Old Town

For Sale

2016 & 2020 Central Ave SW, Albuquerque, NM 87104

This Albuquerque property for sale is located at 2016 & 2020 Central Ave SW. The current listed sale price for Redevelopment Opportunity Across from ABQ Old Town is $875,000. Redevelopment Opportunity Across from ABQ Old Town is situated on a lot that is 1.31 square feet in size.

Contacts

Keith Bandoni

Property Details

  • Property Type Other
  • Property Size 6,700 SF
  • Lot Size 1.31 SF
  • Date Updated Sep 29, 2026
  • Three total parcels warrant redevelopment opportunity
  • 2016 Central Ave SW — Occupied by US Postal Service
    • Lease 8/1/23 – 7/31/28 — $50,193 Annual rent ($4,182.75 /mo)
    • No additional renewal options exist
    • USPS has option to terminate with 30 day notice at any time
    • Lease is modified gross whereby Landlord pays insurance, property taxes, glass breakage, and roof
    • Tenant pays gas, electric, water, sewer, trash, snow removal, landscape maintenance, and janitorial
  • 2020 Central Ave SW — building is vacant and formerly used as a jewelry store and pawn shop
  • Across from ART Bus Stop
    • No left in or left out
  • Easement exists to Alahambra across lot
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 88/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 77/100

    Bike Score ®

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Location

  • City Albuquerque, NM
  • Neighborhood Old Town Albuquerque
  • Zip Code 87104
  • Market Albuquerque

Points of Interest

  • Aquarium/Garden Station

    0.60 miles

  • Tingley Station

    0.60 miles

  • Asia Train Station

    1.03 miles

  • Africa Train Station

    1.18 miles

  • Montaño

    3.66 miles

  • Bernalillo County/International Sunport

    4.44 miles

  • Los Ranchos/Journal Center

    6.44 miles

  • Sandia Pueblo

    9.06 miles

  • VP

    0.32 miles

  • Speedway

    0.65 miles

  • ChargePoint

    0.85 miles

  • Chevron

    0.88 miles

  • Love's

    1.53 miles

  • Shell

    1.54 miles

  • Alon

    1.75 miles

  • Circle K

    1.80 miles

  • Tesla Supercharger

    3.39 miles

  • Old Town Plaza Verde Parking

    0.09 miles

  • Metro Park

    1.10 miles

  • Bank of the West Center Garage

    1.15 miles

  • Albuquerque Plaza Office & Hotel

    1.20 miles

  • New Mexico Bank & Trust Parking

    1.27 miles

  • Convention Parking

    1.40 miles

  • Medical Towers Parking

    1.78 miles

  • Main Hospital & Visitor Parking

    1.83 miles

  • Staff Parking

    2.25 miles

  • Patient and Visitor Parking

    2.29 miles

  • Bottger Mansion of Old Town

    0.07 miles

  • El Don Motel

    0.27 miles

  • Monterey Motel

    0.34 miles

  • Econo Lodge Old Town

    0.35 miles

  • El Vado Motel

    0.42 miles

  • Hotel Albuquerque

    0.45 miles

  • Hotel Chaco

    0.49 miles

  • Downtown Inn

    0.61 miles

  • Best Western Plus Rio Grande Inn

    0.73 miles

  • Route 66 Hostel

    0.79 miles

  • Lowes Foods

    0.63 miles

  • Burlington

    1.08 miles

  • El Super

    1.11 miles

  • Ross

    1.14 miles

  • Silver Street Market

    1.37 miles

  • La Montañita Co-op Rio Grande

    1.70 miles

  • Walmart Supercenter

    2.11 miles

  • Stadium Super Market

    2.15 miles

  • Botanero Guaymas

    2.36 miles

  • Big Lots

    2.38 miles

Contact Listing Broker
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