Iconic Nob Hill Property Perfect Brewery, Cafe, Restaurant, Live-Work

Retail-Commercial for Sale
Catylist Listing ID: 30717455
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,099 SF
Gross Building Area: See Agent
Sale Price: $675,000
Unit Price: $164.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Leverett Building, Laru Ni Hati
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2021

Overview / Comments

Located in the heart of the Nob Hill shopping and dining district on historic Route 66 this stunning property offers the discriminating buyer a rare opportunity to purchase an iconic building in one of Albuquerque’s most desirable areas.

The 2 level building was completely remodeled and brought up to date in 1994 It
features impeccably designed and executed architectural elements throughout. Including an outdoor seating area on Central Avenue, a fully opening storefront glass system, a built in bar with vintage style seating, a handicap accessible concrete ramp to access the salon work space, and a plate glass in floor skylight which brings natural light to the lower level.

The building is currently a Salon Café Wine Bar, but the sky is the limit with the uses for this property Don’t miss this once in a lifetime opportunity to own a one of Albuquerque’s most recognizable buildings in Albuquerque’s only true walkable neighborhood.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: 101605745827810605
Zoning: MX-M - Mixed-use: Moderate Intensity
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Carlisle & Girard on Central Avenue
Property Visibility: Excellent
Largest Nearby Street: Central Avenue
Area Description: Located in a high foot traffic area and on the famous Rte 66 this building is in the popular Nob Hill shopping and dining area It is in walking distance of the University of New Mexico ( and easily accessed from both I 25 and I 40 as well as the city’s largest employment nodes This is a destination area for hip shopping, fine and casual dining and cultural events at UNM and other venues
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Renovated: 1994
Construction/Siding: Block, Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,056 123,219 294,669
Median Age: 35.33 35.87 37.03
Households: 9,700 54,960 127,909

Contact

Photograph of Listing Agent

Alfredo Barrenechea

Absolute Investment Realty CARNM CIE Member
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