Description

This rare automotive and industrial property presents an outstanding opportunity to acquire a highly visible, fully equipped 11,448-square-foot facility located along Central Avenue, Albuquerque’s historic Route 66 and one of the city’s primary east-west commercial corridors. Offered at $1,260,000, the property combines strong visibility, operational functionality, and flexible acquisition potential, making it ideal for owner-users, automotive operators, fabricators, investors, or redevelopment groups. Designed for automotive and light industrial use, the turnkey facility features two paint booths, six vehicle lifts, four roll-up doors, and robust 3-phase 480-volt power, along with four private offices, two restrooms, a storage room, a fully insulated interior, and a swamp-cooled warehouse. Additional value is provided by a roof replacement completed approximately three years ago, minimizing near-term capital expenditures. Approximately 5,000 square feet of the building is currently occupied by two long-term month-to-month tenants—JC Auto paying $2,000 per month and Valledito paying $700 per month—offering supplemental income while still allowing the flexibility for a future owner to occupy the entire building if desired. Monument signage along Central Avenue provides exceptional exposure, while owner financing availability creates an attractive and flexible purchase structure in today’s market. Supported by a dense surrounding population of more than 231,000 residents within a five-mile radius and over 100,000 households, this property offers a rare blend of income, usability, and long-term industrial potential in a strategic Albuquerque location.