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1701 Gold AveAlbuquerque, NM 87106

Former church, 11,778 sq ft, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 11,778-square-foot former church presents a unique redevelopment or owner-user opportunity in Albuquerque's vibrant University submarket. Located directly across from the University of New Mexico, this single-tenant property benefits from a high daytime population of 38,924 within a one-mile radius. The University itself employs nearly 14,000 and serves over 28,000 full-time students, creating a substantial and consistent population base. The property sits on one acre of land and is zoned R-MH, offering flexibility for various uses. Its proximity to major employers like UNM Hospital, Presbyterian Hospital, and Lovelace Medical Center further enhances its appeal. This is an excellent investment opportunity situated in an Opportunity Zone, providing potential preferential tax benefits. The property's size and location make it ideal for a variety of adaptive reuse projects, catering to the significant demand in this thriving university area. The cross street is University, providing excellent visibility and accessibility. This is a rare chance to acquire a substantial property in a high-demand location with significant potential for future growth and return.

Highlights

  • Special Purpose property, former church, single-tenant occupancy.
  • 11,778 square feet building on 1 acre of land.
  • Located at the intersection of University and Gold Streets, in the University submarket.
  • R-MH zoning.
  • Excellent redevelopment or owner-user opportunity in a high-traffic area near UNM and major employers.
  • Located in an Opportunity Zone, offering potential tax benefits.

Property Details for 1701 Gold Ave

Property type
Specialty properties
RSF (Rentable sq. ft)
11,778 SF

Unit(s) available at that property

Space
Size
11,778 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.080442904057
Longitude
-106.62773141404
1701 Gold Ave, Albuquerque, New Mexico

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1701 Gold Ave
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