1649 Bridge BlvdAlbuquerque, NM 87105

Property Details for 1649 Bridge Blvd

Year built

1966

Lot size

0.10 AC

Property size (Sq ft)

5,112 SF

Property type

Retail space

APN

1-012-056-338-261-1-01-02

APU

101205633826110102

Description

This exceptional 5,141 square foot convenience store and storefront, situated on a 2.002-acre lot at the signalized intersection of Goff Blvd and Bridge Blvd in Albuquerque, NM, presents a unique investment opportunity. The property boasts a prominent hard corner location with approximately 255 feet of frontage on Bridge Blvd and 240 feet on Goff Blvd, benefiting from high traffic volume exceeding 33,000 vehicles per day. The existing building currently operates as "Casa Liquors," and includes a valuable "Canopy" liquor license issued by Bernalillo County. This license is subject to the State of New Mexico Alcohol Beverage Control Division regulations (Chapter 60 Business Licenses). The property is zoned C-1 and is priced at $2,300,000 ($447.38/sq ft). The sale includes both the real estate and the liquor license. The location is strategically positioned within a 3-mile radius encompassing over 90,000 residents, serving an underserved South Valley sub-market. Further enhancing its value, the property benefits from the Bridge Blvd Corridor Redevelopment Plan, scheduled for completion in the third quarter of 2024. A pole sign at the corner provides excellent visibility. This is a turnkey operation with significant growth potential. The lease type is NNN, and the property is for sale by owner.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0653

Longitude

-106.681

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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