For Sale
$1,750,000

219 Central Ave Albuquerque, NM 87102

9,446 SF Downtown Office Space

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 9,446 square foot office condominium, located on the second floor of the historic Banque Lofts building at 219 Central Avenue NW in Albuquerque, New Mexico, presents a unique investment opportunity. Originally constructed in 1921 and designed by the renowned Trost and Trost Architectural Firm, this landmark building boasts stunning architectural details including Palladian windows, intricate medallions, and pilasters, reflecting its rich history as Albuquerque's first skyscraper and a prominent feature along historic Route 66. The unit offers an abundance of natural light thanks to its numerous windows. All utilities, heating, and cooling are included, with the building's system providing hot and cold water for unit fan coils. The property benefits from its prime location in Albuquerque's central business district, offering easy access to amenities and excellent visibility. Shared amenities include a substantial approximately 8,000 square foot rooftop deck with 360-degree city views and open-air balconies. Exceptional security features, including on-site security and key card access, ensure a safe and controlled environment. Convenient access to a nearby parking garage via an attached breezeway is also available. The permitted zoning is MX-FB-UD. While the building includes 25 leased apartments and other occupied commercial spaces, this offering is solely for the second-floor condominium, priced at $1,750,000 ($185.26 per square foot). The highest and best use is identified as multifamily. This property offers an unparalleled blend of historical charm, modern convenience, and exceptional location.

Highlights

  • Second-floor condominium for sale.
  • Abundant natural light.
  • All utilities included.
  • Building provides hot and cold water to unit fan coils.
  • Highest and best use is multifamily.
  • Prime downtown Albuquerque location near historic Route 66.

Property Details for 219 Central Ave

Property type
Office properties
Square Feet
9,446 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0847091
Longitude
-106.6501768

FAQs

What type of property is this?
Office property - 9,446 SF Downtown Office Space
Where is the office property located?
The property is located at 219 Central Ave Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Second-floor condominium for sale.; Abundant natural light.; All utilities included.
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.
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219 Central Ave
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