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31096074
31229414

5801 Central Ave NE, Albuquerque, NM 87108

AM
NM NM 16029
Maestas Real Estate Services
Listed by Maestas Real Estate Services
$679,000
98 days on market
Updated 41 days ago

Turnkey Restaurant, Car Dealership, Owner/Operator Potential

Details
Property Type Retail, Mixed Use (+1)
Sub Type Convenience Store, Restaurant (+1)
Square Footage 4,221
Occupancy 100%
Tenancy Single
Pro-Forma Cap Rate 13.99%
Pro-Forma NOI $95,000
Price per SqFt $161
Class B
Buildings 1
Stories 1
Lot Size (SqFt) 17,990
Zoning MX-M
Investment Type Owner/User

Restaurant owner-operator opportunity located along Albuquerque’s iconic Route 66 corridor

Marketing description

Located along Albuquerque’s iconic Route 66 corridor, 5801 Central Ave NE presents a rare opportunity for an owner-operator or chef-driven concept to establish a presence in one of the city’s most recognizable and steadily revitalizing commercial corridors. The property offers a fully built-out restaurant space with existing infrastructure in place, allowing a new owner to step in with minimal downtime and bring their own vision to life.

With strong visibility, consistent traffic counts, and proximity to Nob Hill, the University of New Mexico, and I-40, the location benefits from both local neighborhood support and broader citywide draw. The surrounding area continues to see ongoing public and private investment, further strengthening the long-term appeal of this corridor for food and beverage operators.

The existing layout, furniture, fixtures, and equipment (FF&E) provide flexibility for a variety of concepts, whether maintaining a similar use or repositioning the space to align with current market trends. While Kap’s has historically operated as a neighborhood diner, the real value lies in the opportunity for a new operator to reimagine and elevate the space within a proven retail and dining corridor.

Albuquerque’s stable economic base, supported by a workforce of approximately 488,000 and low unemployment, continues to drive consistent consumer activity. Combined with Central Avenue’s historic significance and ongoing revitalization, this offering represents an attractive entry point for an owner-operator seeking both immediate functionality and long-term upside.

Listing Contacts

AM
NM NM 16029
Maestas Real Estate Services
Listed by Maestas Real Estate Services

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Zoning

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MX-M MixedMixed UseMixed Use Medium Intensity
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Anita Maestas
License
NM 16029
Brokerage
Maestas Real Estate Services, Inc.
Brokerage Phone
5054633565
Title
Qualifying Broker/ Owner
Brokerage Address
4200 Wyoming Boulevard Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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