www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31457526
31457527

2 Locations For Sale

JJ
NM NM 13938
Coba Investment Company
Keller Williams Realty
Listed by Coba Investment Company, Keller Williams Realty
$1,700,000
114 days on market
Updated 5 days ago

1301-1311b San Mateo Blvd NE

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,155
Units 7
Occupancy 85%
Tenancy Multi
Brand/Tenant Zooted Gas Co. Dispensary, The Dog Boutique (+3)
Lease Type NNN
Rent Bumps Yes
Price per SqFt $208
Class B
Year Built 1956
Year Renovated 2021
Buildings 1
Stories 1
Lot Size (SqFt) 12,981
Zoning MX-L
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.45
Ground Lease No
Sale Condition For sale by owner

OWNER FINANCING AVAILABLE

Marketing description

A standout feature of this offering is the attractive financing terms:

  • 20% down payment
  • 8% interest rate
  • 20-year call

This creates a compelling opportunity for investors looking to leverage favorable terms and maximize returns without traditional lending constraints.

Unit Breakdown

  • Unit 1301: 1,261 SF
  • Unit 1303: 1,001 SF
  • Unit 1305: 943 SF
  • Unit 1307: 953 SF
  • Unit 1309: 966 SF
  • Unit 1311: 1,832 SF
  • Unit 1311b: 1,199 SF

Each space offers functional layouts suitable for a variety of commercial uses including retail, office, salon, wellness, or service-based businesses. Several units include reception areas, waiting rooms, treatment rooms, open spaces, storage, and multiple restrooms, allowing for flexible tenant configurations.

Key Features & Upgrades

  • Newer roof – major capital improvement already completed
  • Updated refrigerated air/heat combo units for tenant comfort
  • Multiple private rooms and open-concept areas
  • Ample storage, utility, and service spaces throughout
  • Established layout ideal for multi-tenant income production

Investment highlights

Commercial Investment Opportunity – Prime San Mateo Location

Offered at $1,900,000, this multi-tenant commercial property presents a rare opportunity in a high-visibility corridor along San Mateo Blvd NE in Albuquerque. Featuring approximately 8,155 total square feet, the property is divided into seven separate units, offering strong income potential and flexible use for investors or owner-users.

Property Highlights

  • Address: 1301–1311b San Mateo Blvd NE, Albuquerque, NM 87110
  • Total Building Size: ~8,155 SF
  • Number of Units: 7
  • Zoning: Commercial (buyer to verify specific use)
  • Ownership Opportunity: Ideal for investors or owner-occupants seeking supplemental rental income

Investment Potential

With its multi-suite configuration, strong street exposure, and flexible layouts, this property is well-positioned for:

  • Stable rental income
  • Owner-user occupancy with additional lease revenue
  • Value-add opportunities through lease optimization

Listing Contacts

JJ
NM NM 13938
Coba Investment Company
Keller Williams Realty
Listed by Coba Investment Company, Keller Williams Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
James Jaramillo
License
NM 13938
Brokerage
Coba Investment Co.
Title
CEO/Qualifying Broker/Owner
Brokerage Address
400 Rio Grande Boulevard Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591