1511 Broadway Blvd SE - Restaurant FOR SALE


Albuquerque, NM 87102- South Broadway
$1,600,000 USD
505-604-0599
1511 Broadway Blvd SE, Albuquerque, NM for Sale
$1,600,000 USD
Restaurant - FOR SALE
1/4
null | 8.25% Cap Rate

1511 Broadway Blvd SE
Albuquerque, NM 87102
South Broadway


OVERVIEW

The stage is set, (literally inside this building) for fun to be had by all. This well known South Valley Building is currently operating as a restaurant/bar. DO NOT DISTURB OCCUPANTS or ANY STAFF. Contact your broker or the listing broker to see it during non-business hours. Great location minutes from the Zoo, Airport, Downtown, and CNM Campus. This versatile building can be used primarily as a restaurant that can hold different events in a friendly atmosphere with generous seating inside and outside in the garden area. Bring your vision, dreams and excitement to make this building all that it could be. Over 6,000 SF inside and outside areas with multiple restrooms, office, separate dining areas and bar with full kitchen! FF&E is separate and not included with the sale of the building. Owner will consider a lease with purchase option. Ask for more details and schedule your showing today. NOI is estimated for a NNN Lease.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,412 SF

ZONING

MX-L

APN/PARCEL ID

1-014-056-334340-1-17-03

ASK ABOUT THIS PROPERTY

Kimberly LantzRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

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Kimberly LantzRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

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