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12119790
12119791

316-320 Central Ave SE, Albuquerque, NM 87102

DF
NM 39271AB
King Capital Commercial Real Estate
KS
NM45916, NM
King Capital Commercial Real Estate
Listed by King Capital Commercial Real Estate
$16 - $18/SF/YR
135 days on market
Updated 48 days ago

Historic Route 66 Restaurant / Retail

Building Details
Property Type Retail, Office
Sub Type Traditional Office, Coworking (+2)
Tenancy Multiple
Total Building SqFt 11,433
Min Divisible SqFt 4,487
Max Contiguous SqFt 10,613
Vacant SqFt 11,433
Total Parking Spaces 37 parking stalls plus on street parking

Spaces

3241193
3241194
3241195
3241196
3241197
3241198
3241203
3241204
3241205
3241206

Retail | 2 spaces available | 4,487 SqFt - 10,613 SqFt

Building description

The property at 316–320 Central Ave SE is a prime urban commercial asset situated in Albuquerque’s East Downtown (EDo) submarket, along the historic Broadway–Central corridor. The single-story building features a turn-key restaurant and bar space with a long, successful operating history. Originally constructed in 1938 as the Carothers & Mauldin Auto Service station, the property has been thoughtfully adapted for restaurant use and is well known within the community as a destination dining location along Central Avenue.

The property previously operated as the Standard Diner for over 15 years, establishing itself as a beloved neighborhood institution and one of Albuquerque’s most recognizable dining destinations. In more recent years, the space was occupied by Range Café, a sister restaurant to Standard Diner and a well-known New Mexico brand founded in 1992. Range Café continued the site’s legacy as a high-traffic restaurant location, known for its quirky Southwestern décor and comfort-driven menu, until its recent closure. Together, these concepts underscore the property’s long-standing viability and strong brand association within the local dining scene.

The surrounding area is characterized by ongoing mixed-use redevelopment, historic preservation efforts, and proximity to key anchors such as Hotel Parq Central, major employment centers, and Downtown Albuquerque. With strong visibility along Central Ave, high walkability, and a dense surrounding workforce and residential population, the property occupies a uniquely positioned urban niche. These long-term market dynamics support continued demand for restaurant and hospitality uses, positioning the property as a compelling opportunity for a new operator or owner-user seeking a location with deep community recognition and a proven operating history

Building highlights

    • Turn-key commercial space including both the restaurant and the adjoining , but separate, office space or retail space. 
    • Urban location with rare on-site parking (37 parking stalls plus on street parking), a valuable asset for this area. 
    • Historic building originally built in 1938 as the Carothers & Mauldin Auto Service station, most recently home to a popular local restaurant chain known for quirky Southwestern décor and comfort food. 
    • Unique character & build out perfect for a restaurant, but could be redeveloped for multiple other uses 

    Listing Contacts

    DF
    NM 39271AB
    King Capital Commercial Real Estate
    KS
    NM45916, NM
    King Capital Commercial Real Estate
    Listed by King Capital Commercial Real Estate

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