119 San Pasquale Avenue SW, Albuquerque, NM 87104 (MLS# 1080387)

119 San Pasquale Avenue SW, Albuquerque, NM 87104

$1,020,000

Property Type: Commercial Sale Square Footage: 5,073 Lot Size (sq. ft.): 20,038 Status: Active

Current Price: $1,020,000 List Date: 3/20/2025 Last Modified: 2/25/2026

Overview

Description

Discover an exceptional investment opportunity with a 7.5% Cap Rate at 119 San Pasquale Ave SW, Albuquerque, NM 87104. This versatile mixed-use property, ideally situated near downtown and historic Old Town, offers a dynamic blend of restaurant, bar, and retail spaces. Boasting approximately 5,000 square feet, the property is thoughtfully divided into three distinct suites: a 3,000 square foot restaurant/bar space and a 2,000 square foot retail space. Each suite is self-contained with its own restroom, providing flexibility for individual tenants or cohesive business operations. Both suites are occupied with recent leases.

Listing Details MLS# 1080387

Contract Information

List Price/SqFt: 201.06

Location

Street #: 119
Street Name: San Pasquale
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87104
Directions: From I-40, take the Rio Grande Blvd exit and turn south. Proceed 0.7 miles to Central Ave and turn left (East). Proceed about 0.2 miles on Central Ave to San Pasquale. Turn Right (south). The second driveway on the right is the property
MLS Area Major: 80 - Downtown Area
Zone Atlas: J13
Downtown: Yes

General Property Description

Property Sub-Type: Restaurant
Living Area: 5073
SqFt Source: Floorplan
Acres: 0.46
Lot SqFt: 20038
Apx Lot Dim Front: 116.2
Apx Lot Dim Side: 178.4
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: Yes
# Parking Spaces: 32
Docks: No
Door Height: 7
Disability Access: Yes
% Occupied: 59
Transaction Type: Sale
# of Docks: 0

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: Yes
Refrigerated: Yes

Sales Info

Trade/Xch Considered: No

More Information

Tax & Legal Info

UPC Code: 101305815520531408
Short Legal Desc: B LOT 4 X S41FT LT3 X S106FT LT20 WEST PARK ADDN
GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 4936.06

Construction Materials

Block: Yes

Heating

2+ Units: Yes
Electric: Yes
Natural Gas: Yes

Tenant Pays

Triple Net: Yes

Income & Expenses

Lease Term/Months: 60

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Features

Security System: Yes

Property Access

N Property Line: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Lease Information

Call List Office: Yes
Other - See Remarks: Yes

Docs/Data Available

Existing Leases: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes

Zoning

MX-M*: Yes

Property Features

Location: Downtown; Downtown Construction Materials: Block Property Access: N Property Line Road Frontage Type: City Street Road Surface Type: Paved Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: 2+ Units; Electric; Natural Gas Cooling: Refrigerated Tenant Pays: Triple Net Features: Security System Lease Information: Call List Office; Other - See Remarks Finance Considered: Cash; Conventional; Owner Financing Zoning: MX-M*

Documents

Floorplan ›

APOD ›

Listing Office: EXP Realty LLC

Last Updated: February - 25 - 2026

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.