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1314966
1314965

950 4th St NW, Albuquerque, NM 87102 For Sale

TH
NM NM 13730
Colliers - Albuquerque, New Mexico
Listed by Colliers - Albuquerque, New Mexico
$4,500,000
2408 days on market
Updated 26 days ago
Opportunity zone

Anthea @ The Granite

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building
Square Footage 33,312
Units 23
Price per SqFt $150
Stories 3
Acreage 0.900
Zoning MX-M

For Sale | Mixed Use | Multi-Family | Retail

Marketing description

Anthea @ The Granite is a modern, 33,000 SF mixed-use development

in Albuquerque’s NOLO district, designed with flexibility in mind. Built

in 2014, the property combines 23 one-, two-, and three-bedroom

apartments, convertible to dorm style living with ±7,950 SF of

adaptable ground-floor commercial space, making it an ideal fit for

recovery, mental health, transitional, or supportive housing programs.

The residential units, currently 87% occupied, are available furnished or

unfurnished and feature full kitchens, in-unit washer/dryers, balconies,

and sustainable finishes—well-suited for structured sober living,

transitional housing, or therapeutic residences.

The ground floor offers dual entrances, a garage-style window

opening to a patio, and excellent visibility along 4th Street, creating

opportunities for group meeting rooms, counseling offices, medical

intake, or administrative use, with the option to add up to 11 additional

units for a total of 34.

The property additionally has:

• Secure, fenced and gated parking (on-site + off-street with

lighting)

• ADA compliant elevators

• Exercise facility + business center/conference room or program

space

• On-site laundry and optional housekeeping

• Lobby and manager’s office

• Prime Route 66 location with transit access and high visibility

from 4th Street

• Walking distance to restaurants, retail, and community amenities

• Close proximity to UNM Hospital, Lovelace, Presbyterian

Behavioral Health, and VA outpatient clinics

• Flexible design allows for owner occupancy or tenant adaptation:

medical/behavioral health providers, re-entry programs, youth

services, or veteran housing initiatives.

Investment highlights

Listing Contacts

TH
NM NM 13730
Colliers - Albuquerque, New Mexico
Listed by Colliers - Albuquerque, New Mexico

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Additional Information

Name
Terrie Hertweck
License
NM 13730
Brokerage
Terrie Hertweck
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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