Commercial Real Estate in Albuquerque available for sale
Albuquerque Breweries For Sale

Breweries for Sale in Albuquerque, NM, USA

More details for 1511 Broadway Blvd SE, Albuquerque, NM - Retail for Sale

1511 Broadway Blvd SE

Albuquerque, NM 87102

  • Brewery
  • Retail for Sale
  • $2,197,952 CAD
  • 6,015 SF
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More details for 950 4th St NW, Albuquerque, NM - Multifamily for Sale

Anthea @ The Granite + Ground Floor Value-Add - 950 4th St NW

Albuquerque, NM 87102

  • Brewery
  • Multifamily for Sale
  • $6,181,740 CAD
  • 33,312 SF
  • Fitness Center
  • Conference Rooms

Albuquerque Multifamily for Sale - Downtown

Anthea @ The Granite 950 4th Street NW is a three-story property spanning approximately 33,312 square feet and comprised of 23 residential multifamily units. The property was built in 2014 and sits on a 0.9-acre lot zoned for mixed-use; it is subject to a 50-year ground lease with options to 70 years. Anthea features ADA-compliant elevators, a main lobby, and a manager's office. Common amenities include an exercise facility, a conference room, a business center, housekeeping, and a secure, fenced parking area. Floors two and three host the 23 one-, two-, and three-bedroom apartments. It could be delivered vacant, or existing occupants could stay for interim income. Each unit has a full kitchen, a washer, a dryer, stainless steel appliances, and an outside patio. Some units are fully furnished and have contemporary furniture.    Upside Opportunities  One of this asset's highest and best uses would be for organizations in specialized healthcare treatment, assisted living, alternative housing, veterans assistance, senior housing, and adjacent sectors. Anthea’s vacant ground floor has tremendous potential for a value-add improvement plan or renovation. The floor spans 7,950 square feet and could be used to add to the multifamily component with room for 11 additional units. The vacancy is also a great place to house a treatment center, lab space, commercial kitchen, office space, or common amenities that can aid residents Utilities have already been stubbed in for a commercial kitchen, large customer restrooms, and a layout for executive suites. The cost conversion of the property to conform to any organization’s target demographic is offset by the competitive asking price. Since 2019, multifamily properties in the Albuquerque market built after 2014 sold for an average price of over $218,000 per unit. Anthea @ The Granite is priced at $186,000 per unit for the 23 units and $85 per square foot for the vacant ground floor, well below today’s replacement cost, especially given the impact of high construction costs and interest rates.    Learn About the Location NOLO (North of Lomas) is the north downtown district of Albuquerque. It’s characterized by trendy breweries, boutiques, local services, and beloved restaurants. The district is a short walk from Downtown Albuquerque and Central Avenue, the city’s predominant commercial, cultural, and culinary corridor. Some of the destinations tenants can walk to in 15 minutes include Lowe’s Supermarket, several parks, over 20 restaurants, and Marble Brewery, the largest brewery in Albuquerque. Make a mark in Albuquerque with a multifaceted asset positioned in a popular area by acquiring Anthea @ The Granite today. Get in touch.

Contact:

Colliers New Mexico

Property Subtype:

Apartment

Date on Market:

2019-12-16

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More details for 6851 4th St NW, Los Ranchos De Albuquerque, NM - Hospitality for Sale

El Camino Motor Hotel - 6851 4th St NW

Los Ranchos De Albuquerque, NM 87107

  • Brewery
  • Hospitality for Sale
  • $3,434,300 CAD
  • 9,141 SF
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Breweries For Sale

Breweries

What is a brewery?

Breweries are businesses that manufacture beer and sell it to the public or other businesses. Breweries employ people whose jobs are involved in virtually every aspect of the business, including brewing beer and other beverages as well as selling products to distributors or directly to customers. A number of breweries also have tasting rooms where customers can try beers on tap that are available nowhere else.

What is a brewpub?

A brewpub is a type of brewery that also serves food for on-site consumption, although many brewpubs now have off-premise licenses as well. A brewpub differs from a tavern in that all of its beer is brewed on the premises, instead of simply acquiring it from an off-site source.

What is a microbrewery?

A microbrewery or craft brewery is usually an independently owned and operated company that produces small batches of beer using traditional ingredients like malted barley; other breweries may use adjuncts such as corn or rice. The term "microbrewery" was coined by the New York Times in June 1985, in an article about Siebel Institute of Technology's graduate program in brewing technology.

The distinction between a brewery and a microbrewery is somewhat ambiguous, however, since there are no clear definitions for either. In addition, different classifications of microbreweries exist, depending on the national brewing standards that are used.

What is a tap room in a microbrewery?

A tap room is an area that houses beer to be served on-premise at a brewery. At brewpubs the term may refer to a location where people gather to drink beer, eat meals and listen to music or watch sports events on television. Tap rooms are places where customers can taste various beers that the brewery makes to determine whether they want to buy a full glass of it. They may also be able to purchase additional bottles or growlers for consumption off-site, depending on the laws of their state.

Are breweries popular for investors, should I buy a brewery?

Despite the fact that many breweries are small businesses with sales below $1 million, they have achieved amazing popularity as an investment opportunity. Many investors in breweries are avid beer enthusiasts, but others see the investment as a way to earn strong returns on their money in an era of low interest rates.

Breweries can require significant investments with many businesses spending a large sum per year in rent, equipment and other business-related expenses. Because most breweries are open only a limited number of hours each week or month, it can take a longer to recoup costs and earn a profit. Many breweries therefore require investment from investors who have little to no interest in the day-to-day operations, but simply want to invest money while having some of it managed by others with experience in the industry.

Why should I start a brewery?

While the business of brewing beer may not be right for everyone, you'll learn to appreciate why brewers are passionate about making superior beers when you're involved in it as a business. You can take pride in knowing that you produced something that people enjoy and benefit from.

Because the industry is so competitive, you'll also need to have a true passion for beer if you want to succeed with your brewery. You need to consider carefully why you want to start a brewery, and whether or not that is the best decision for you. It takes dedication and hard work to launch a new business, especially one as complex as a brewery.

How do I get started?

The first step in opening a brewery is finding a suitable location. The main factor in starting a brewery is location, and. It's more than just getting a "deal." Look for an old brewery - or some other established building in close proximity to your target market. You don't have to spend a large sum of money on renovations if you can find one that's been renovated already or has up to date infrastructure.

In summary, there are many steps involved in starting a brewery. They include:

  1. Find the right location and secure funding for your business.
  2. Get the business plan ready and start negotiating with suppliers or distributors of brewing materials.
  3. Get the required licenses and permits in order.
  4. Build or renovate your brewery.
  5. Train staff for the brewery and purchase inventory and equipment.
  6. Test market your brand to consumers.
  7. Start selling beer!

Looking to lease a Brewery? View Breweries for lease