111 Gold Ave SE, Albuquerque, NM 87102 For Sale

The Shufflebarger Building at 111 Gold Ave SE presents a unique investment and redevelopment opportunity in Albuquerque’s evolving EDO District. The property includes a 12,677 square foot historic office building situated on a highly visible corner lot just east of Downtown. The building features solid construction and classic character, offering an opportunity for renovation, adaptive reuse, or repositioning in one of the city’s most active redevelopment corridors.

The offering provides exceptional flexibility with multiple acquisition options, allowing buyers to purchase the land, the building, or the combined property. This structure creates opportunities for owner-users, investors, or developers seeking a strategic urban site with strong long-term upside.

Located near recent neighborhood reinvestment, including a new hotel and the redevelopment of the historic Albuquerque High School campus, the property benefits from increasing momentum in the EDO and Downtown area. The MX-L zoning supports a wide range of commercial and mixed-use possibilities, making this site well-positioned for future redevelopment or value-add repositioning.

The offering consists of the Shufflebarger Building, a 12,677 square foot office property located on a prominent corner in Albuquerque’s evolving EDO (East Downtown) district, along with 40 secured on-site parking spaces and an additional 0.86 acres of undeveloped land. The combination of an existing building and adjacent development land creates a flexible opportunity for an owner-user, investor, or developer to establish a presence in one of Albuquerque’s emerging urban districts while maintaining the ability to expand or reposition the property over time.

Located on the eastern edge of Downtown Albuquerque, the property benefits from strong connectivity to the Downtown core and surrounding neighborhoods. EDO has become one of Albuquerque’s more active urban districts, driven by adaptive reuse, new mixed-use development, and neighborhood revitalization. The redevelopment of the historic Albuquerque High School campus has helped catalyze new residential, hospitality, and commercial activity, positioning the area for continued long-term growth. 

The Shufflebarger Building is a ±12,677 square foot historic office property located on a prominent corner in Albuquerque’s emerging EDO District. Originally constructed in the 1930s, the building offers durable masonry construction and distinctive architectural character that reflects the area's historic urban fabric.

Positioned with strong street frontage along Gold Avenue, the building benefits from excellent visibility and accessibility within Downtown Albuquerque. The structure’s layout and solid construction provide a foundation for a variety of repositioning strategies, including office, creative workspace, or mixed use concepts.

While the current interior configuration presents opportunities for modernization, the building’s scale, structure, and location create significant upside for an owner-user or investor seeking to revitalize a historic downtown asset. Its character, corner presence, and proximity to ongoing redevelopment in the EDO neighborhood position the property to benefit from continued investment and long-term neighborhood growth.

The offering includes approximately 0.86 acres of excess land located directly south of Gold Avenue SE and just west of Broadway Boulevard NE in Downtown Albuquerque’s growing EDO District. In a downtown environment where developable land and surface parking are increasingly scarce, this parcel represents a rare opportunity to control a sizeable urban footprint with multiple paths for value creation.

Currently improved with partial surface parking and open yard space, the site provides immediate flexibility for additional parking, outdoor storage, or interim uses, while also presenting a strong long-term redevelopment opportunity. The property is zoned MX-FB-FX, allowing for flexible mixed-use development that can support a variety of commercial, residential, or mixed use concepts depending on the future owner’s vision.