317 Gold AveAlbuquerque, NM 87102

Property Details for 317 Gold Ave

Lot size

0.16 AC

Property size (Sq ft)

5,000 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0836

Longitude

-106.651

FAQs

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