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1520 Lomas Boulevard NW

Albuquerque, NM 87104
  • $760,000
  • STATUS: Active
  • ON SITE: 726 Days
  • MLS #: 1033112
UPDATED: 17 min ago
$760,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-04-18T19:05:29.15.
www.albuquerquerealestateservices.com/homes/138800578
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1520 Lomas Boulevard NW Albuquerque, NM 87104

  • Price: $760,000
  • Status: Active
  • On Site: 726 Days
  • Updated: 17 min ago
  • MLS #: 1033112
0
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.
Exterior Features

Construction Materials Block Frame Stucco Parking Features Guest Off Site On Site Parking Total 20 Road Surface Type Paved Stories Total 1

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Electric 220 Volts Electric On Property YN Yes Heating Natural Gas Heating YN Yes

Property Features

Accessibility Features Wheelchair Access Building Area Total 2890 Gross Income 0 Land Lease YN No Leasable Area 0 Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Lease Lease Option Operating Expense 0 Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 4074.6 Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description MX- L*

Southwest MLS] logo Listing courtesy of EXP Realty LLC: (505) 554-3873. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-04-18T19:05:29.15.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112