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Office & Restaurant Space | Central & 4th 316-320 Central Ave SE 10,613 SF Retail Building Albuquerque, NM 87102 $3,908,576 CAD ($368.28 CAD/SF)

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INVESTMENT HIGHLIGHTS

Turn-key restaurant and bar
32 on-site parking stalls

820 sq/ft fenced patio
Adjacent street parking

EXECUTIVE SUMMARY

316 – 320 Central Ave SE is an urban commercial property located in the East Downtown submarket of Albuquerque, NM. It is a single-story building with additional mezzanine office and finished basement buildout. Currently occupied by The Range Café, this 6,126 SF turn-key restaurant and bar opportunity includes an 820 SF fenced patio, 32 onsite parking stalls, and adjacent street parking. The Range Café also has its corporate and back office functions in the contiguous 4,487 SF of Class A finished office space included in the offering. The entire building can be delivered vacant and all existing restaurant FF&E will convey.

Offering Memorandum - 316-320 Central Ave SE - 7.24.25

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Restaurant

Building Size

10,613 SF

Building Class

C

Year Built

1936

Price

$3,908,576 CAD

Price Per SF

$368.28 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.84

Lot Size

0.29 AC

Zoning

MX-L - Mixed Use - Low Intensity

Parking

32 Spaces (3.02 Spaces per 1,000 SF Leased)

Frontage

118’ on Arno St

Pylon Sign

Signage

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Walk Score®

Walker's Paradise (90)

Bike Score®

Very Bikeable (82)

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PROPERTY TAXES

Parcel Number	1-014-057-404377-1-15-06	Improvements Assessment	$98,530 CAD
Land Assessment	$41,655 CAD	Total Assessment	$140,185 CAD

PROPERTY TAXES

Parcel Number

1-014-057-404377-1-15-06

Land Assessment

$41,655 CAD

Improvements Assessment

$98,530 CAD

Total Assessment

$140,185 CAD

(505) 507-1678

CONTACTS

Benjamin Perich
Chase Ruffin
Colliers New Mexico

Listing ID: 32936838
Date on Market: 2024-08-23
Last Updated:
Address: 316-320 Central Ave SE, Albuquerque, NM 87102

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316-320 Central Ave SE, Albuquerque, NM for sale Building Photo- Image 1 of 10 — Range Cafe Cover

316-320 Central Ave SE, Albuquerque, NM for sale Building Photo- Image 2 of 10 — 0D3A9651_Adjusted

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316-320 Central Ave SE, Albuquerque, NM for sale Building Photo- Image 9 of 10 — 0D3A9522_Adjusted

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