1001 Central Ave NE - Hospitality FOR SALE


Albuquerque, NM 87106- Sycamore
$3,000,000 USD
505-346-6006
1001 Central Ave NE, Albuquerque, NM for Sale
$3,000,000 USD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

1001 Central Ave NE
Albuquerque, NM 87106
Sycamore


HIGHLIGHTS

  • Located on Famous RT 66
  • As Seen in the Hit TV Series Breaking Bad
  • Freeway On-Off Ramp Access
  • 31 Rooms
  • Large Manager/Owner Quarters 5 Bedroom, 2 Kitchens and 2 Bathrooms
  • Ideal Re-Development Candidate

OVERVIEW

Absolute Investment Realty has been selected as the exclusive representative for the sale of the World-Famous Crossroads Motel, centrally located at 1001 Central Ave NE at the intersection of Historic Route 66 (Central Avenue) and I-25 in Albuquerque, NM. The Crossroads Motel has garnered international fame as the setting for numerous scenes in AMC’s popular series Breaking Bad. The 2 story Historic Route 66 Motel was built in 1965 and has been in continuous operation until the middle of 2025.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$157 USD /SF

# OF ROOMS

31

PRICE/ROOM

$96,774 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossroads Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

MX-M

APN/PARCEL ID

1-015-057-116353-2-16-01

ASK ABOUT THIS PROPERTY

Alfredo BarrenecheaAbsolute Investment RealtyMore Info
505-346-6006

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Alfredo BarrenecheaAbsolute Investment RealtyMore Info
505-346-6006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.