For Sale
$899,000

317 Gold AveAlbuquerque, NM 87102

Restaurant & Apartments, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property presents a compelling value-add opportunity in the heart of Albuquerque's vibrant downtown. Located at 317 Gold Ave SW, this 5,000 square foot building sits on a 0.164-acre lot and is zoned MX-FB-UD. The property boasts a two-story structure, offering a unique blend of commercial and residential space. The ground floor features a recently renovated restaurant space complete with fixtures, furniture, and equipment (FF&E), ready for immediate operation or lease. Upstairs, you'll find recently renovated studio apartments, providing a steady stream of rental income. This prime location benefits from high visibility, with exposure to 2,427 vehicles per day (VPD). The surrounding area is densely populated, with 14,202 residents and 2,633 businesses within a one-mile radius, ensuring a robust customer base and tenant pool. The property's strategic position in downtown Albuquerque, a bustling area with a daytime population of 25,000, makes it an ideal investment for owner-users or savvy investors seeking strong returns. This is a rare chance to acquire a turn-key mixed-use asset in a thriving urban core. The property's existing improvements and prime location offer immediate income potential and significant upside for future development. Don't miss this chance to own a piece of Albuquerque's dynamic downtown scene.

Highlights

  • Excellent investment opportunity, ideal for owner-occupancy.
  • Prime Downtown Albuquerque location, high daytime population (25,000).
  • Densely populated area: 2,633 businesses and 14,202 residents within one mile.
  • High visibility: 2,427 vehicles per day (VPD).
  • Ground floor: renovated restaurant space with furniture, fixtures, and equipment (FF&E).
  • Second floor: renovated studio apartments.

Property Details for 317 Gold Ave

Property type
Retail properties, Restaurants
Square Feet
5,000 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
7,144 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0836107
Longitude
-106.6514711
317 Gold Ave, Albuquerque, New Mexico

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
317 Gold Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message