1823 Commercial St Albuquerque, NM 87102

This exceptional Albuquerque investment opportunity presents a 4,961-square-foot Class C warehouse situated on a 2.035-acre lot (APN: 101405942002640719). Currently vacant, this single-story building boasts an impressive 18-foot ceiling height, one loading dock, and a 12' roll-up door, making it ideal for various industrial uses. The property is zoned NR-LM and features 3-phase electrical capacity and epoxy-sealed warehouse floors. The building includes approximately 4,461 square feet of warehouse space and 500 square feet of office space. Located at 1823 Commercial St NE Suite D, Albuquerque, NM 87102, this property offers convenient access, less than a mile from the I-25 and I-40 interchange. Previously leased to a multi-state operator, the property offers a strong history of on-time rent payments and a below-market rent, resulting in an 8.19% cap rate and a current monthly income of $3,725 plus NNN expenses. The property is approved for food storage and distribution. The asking price is $545,710 ($110/sq ft). This represents a compelling opportunity for investors seeking immediate cash flow and strong long-term potential. The property is currently vacant, allowing for immediate lease-up at market rates.