1619 San Pedro DrAlbuquerque, NM 87110

Property Details for 1619 San Pedro Dr

Year built

1962

Lot size

0.25 AC

Property size (Sq ft)

5,580 SF

Property type

Retail space

APN

1-018-058-251-240-3-38-06

APU

101805825124033806

Description

This Albuquerque retail strip center, located at 1619-1625 San Pedro Drive Northeast, offers a prime investment opportunity. The 5,800 square foot property sits on a 0.25-acre lot and boasts high visibility and traffic counts in the Southeast Heights submarket. Currently featuring a mix of tenants including a thrift store, wellness center, and pet salon, there is 1,390 square feet of vacant space available for lease. The building comprises four separate suites, each approximately 1,470 square feet, with the potential to combine two adjacent suites into a single 2,940 square foot space. Each suite includes a kitchenette and restrooms, featuring an open floor plan ideal for a variety of uses. The property benefits from a recently updated parking lot with a prominent monument sign, providing excellent tenant signage opportunities. The 3.68 parking spaces per 1,000 square feet ratio ensures ample parking for customers and employees. Built in 1962, the property is zoned MX-L, allowing for a wide range of commercial uses, making it suitable for businesses such as music studios, yoga studios, art studios, dance studios, nail salons, or hair salons. Located in Bernalillo County, New Mexico, with a zip code of 87110, this property presents a compelling opportunity for investors seeking a well-located retail center with significant upside potential.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0938

Longitude

-106.578

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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