4801-4805 Menaul Blvd NE - Storefront FOR SALE


Albuquerque, NM 87110- Bel-Air
$550,000 USD
505-337-0777
4801-4805 Menaul Blvd NE, Albuquerque, NM for Sale
$550,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

4801-4805 Menaul Blvd NE
Albuquerque, NM 87110
Bel-Air


HIGHLIGHTS

  • 0.5 acres of prime retail corner
  • Four separately metered units across two parcels
  • MX-M zoning supports retail, office, and service uses
  • Strong demographics with over 116,000 residents nearby
  • Ideal for drive-through or redevelopment opportunities

OVERVIEW

Positioned in the heart of Albuquerque’s Northeast Heights submarket, 4801–4805 Menaul Blvd NE presents a compelling opportunity for owner-users, investors, or developers seeking a high-visibility location with versatile zoning. This 0.48-acre corner site features a 7,934 SF retail/office building divided into four separately metered units, offering operational flexibility and income potential. The property spans two parcels, including additional addresses at 2608–2612 Monroe, enhancing its suitability for parcel assembly or future expansion. Strategically located along Menaul Boulevard, one of Albuquerque’s most active east-west commercial corridors, the site benefits from consistent traffic flow and excellent regional connectivity via I-25, San Mateo Blvd, and Carlisle Blvd. The surrounding area is a vibrant mix of national retailers, restaurants, and service businesses, supported by a strong daytime population of 145,679 and a residential base of over 116,000 within a three-mile radius. Average household income in the area exceeds $82,000, reinforcing the location’s retail viability. With MX-M zoning, the property is a prime candidate for a drive-through concept, adaptive reuse, or redevelopment. Whether retained for immediate occupancy or repositioned for long-term value creation, this asset offers a rare blend of location strength, zoning flexibility, and demographic support in one of Albuquerque’s most established trade areas.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

NE Heights Retail/Office

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,567 SF

ZONING

MX-M

APN/PARCEL ID

1-017-059-410276-1-05-01,1-017-059-419276-1-05-02

ASK ABOUT THIS PROPERTY

Billy LehmannRESOLUT REMore Info
505-337-0777

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Billy LehmannRESOLUT REMore Info
505-337-0777

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