Homes by Carolyn Fischman

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*
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.

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