5209 4Th StAlbuquerque, NM 87107

For Sale
$920,000 View listing
  • Turn key restaurants
  • 3,931 SF

Property Details for 5209 4Th St

Year built
1949
Lot size
0.95 AC
Property size (Sq ft)
3,931 SF
Property type
Turn key restaurants
APN
1-014-061-435-175-4-15-18
APU
101406143517541518

Description

This vacant, 4,719-square-foot restaurant building in Albuquerque's North Valley presents a unique redevelopment opportunity. Located on a nearly one-acre lot (0.95 acres) at 5209 4th St NW, 87107, this three-story property is zoned C-2 and offers ample parking with 30 spaces. The asking price is $920,000 ($243.70/sq ft). The building boasts original hardwood floors, decorative tile work, arched cabinet doors, and a brass ceiling fixture, showcasing its historic character. Architectural details include uniquely patterned red brick, a complex roofline with gables and dormers, rounded roof edges, boxed soffits, and casement windows, some with semicircular fanlights. A wrap-around porch with wrought-iron balustrades adds to its charm. The property is listed on the State and National Registry, but modifications are permitted. The basement provides additional storage space, not included in the 4,719 square feet. This property is ideally situated minutes from both downtown and uptown Albuquerque, offering excellent visibility and accessibility. A lease with an option to purchase after two years is available. Bring your vision and transform this building into a thriving restaurant or explore other redevelopment possibilities. This is a truly exceptional opportunity in a high-demand area.

5209 4Th St, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1357
Longitude
-106.642
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,669
$80,344
$107,377
$187,721
-
$241,056
$322,164
$563,220

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].