Description

1823 Commercial St NE offers a rare opportunity to acquire a high-performing industrial and flex property that combines stable investment income with owner-user flexibility in one of Albuquerque’s most accessible industrial corridors. Configured as a two-suite asset, the property provides immediate cash flow alongside the ability to occupy or customize additional space, making it an attractive option for investors, trade operators, fabricators, or specialty industrial users seeking functionality, power capacity, and long-term growth potential. Suite B delivers strong in-place performance with a 9.0% cap rate and annual NOI of approximately $110,784, while Suite C is currently vacant or available for business use, making it well suited for trades, coatings, fabrication, or other flex industrial operations. Adding further value, the eco-friendly concrete coating business currently operating within Suite C may also be purchased separately, creating a unique opportunity for an owner-user to acquire both the real estate and an established operating business for seamless operational continuity and future expansion.