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Albuquerque, New Mexico
  • Albuquerque, New Mexico
  • Albuquerque, New Mexico
  • Albuquerque, New Mexico
  • Albuquerque, New Mexico
  • Albuquerque, New Mexico

Albuquerque, New Mexico

Asking Price: $250,000

Type: Turnkey Dispensary

Size: 378 sqft.

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Albuquerque, New Mexico

🌿 Turnkey Boutique Dispensary | Premier Nob Hill Retail Corridor | Move-In Ready | $250,000


📊 Investment Highlights

  • Asking Price: $250,000

  • Property Type: Mixed Use / Office / Retail

  • Sub Type: Storefront / Traditional Office / Cannabis Dispensary / Boutique Retail

  • Building Size: ±378 SF

  • Net Rentable Area: ±378 SF

  • Price per SF: $661.38

  • Tenancy: Vacant

  • Units: 1

  • Year Built: 1950

  • Year Renovated: 2023

  • Stories: 1

  • Zoning: MX-L (Mixed Use – Low Intensity)

  • Parking: 3 Dedicated Spaces

  • Broker Co-Op: Yes


🧾 Executive Summary

Positioned in the heart of Albuquerque’s iconic Nob Hill district, this turnkey 378 SF boutique retail or cannabis dispensary property offers a rare opportunity to own real estate in one of the city’s most sought-after walkable commercial corridors.

Located just steps from the busy Central Avenue and Carlisle Blvd intersection, this recently renovated, move-in-ready space provides unbeatable visibility and accessibility within one of Albuquerque’s highest-foot-traffic areas—just minutes from the University of New Mexico (UNM).

The property includes a 268 SF open showroom with a built-in retail display case, one ADA-accessible restroom, and a secure closet/storage area. Enhanced with roll-up security doors, a surveillance camera system, and modern lighting, this property is ready for immediate occupancy—perfect for boutique retailers, professional offices, or licensed cannabis operators.

Situated on a 0.02-acre parcel, the site includes three on-site parking spaces, lighted building signage, and direct ingress/egress from the east property line for easy customer flow. Zoned MX-L, this flexible mixed-use designation supports a variety of commercial and specialty retail uses, including cannabis, professional services, creative offices, and small-format food or wellness concepts.

With 222,095 residents within five miles, 114,911 daytime employees, and an average household income of $69,924, this Nob Hill location sits at the intersection of culture, commerce, and consistent consumer activity—just 400 feet from Central & Carlisle’s 18,880 vehicles per day.


🏢 Property Overview

  • Building Size: ±378 SF

  • Showroom Area: ±268 SF

  • Lot Size: ±0.02 Acres

  • Configuration: Open retail area, restroom, storage/closet space

  • Year Built / Renovated: 1950 / 2023

  • Zoning: MX-L (Mixed Use – Low Intensity; cannabis permitted)

  • Parking: 3 On-Site Spaces

  • Ingress/Egress: East property line access

  • Utilities: Water, sewer, gas, and electricity connected

  • Visibility: 400 ft from Central & Carlisle Intersection (18,880 VPD)

  • Security: Roll-up doors, camera system, secure entry

  • Signage: Lighted building-mounted signage


📍 Location Highlights

  • District: Nob Hill / UNM North Corridor

  • Intersection: Central Avenue & Carlisle Blvd SE

  • Nearby Anchors: Starbucks, Sprouts Farmers Market, Flying Star Café, Urban Outfitters, Satellite Coffee, Local Breweries

  • Accessibility: 5 minutes to I-25, 7 minutes to Downtown, 10 minutes to Albuquerque International Sunport

  • Demographics (5-Mile Radius):

    • Population: 222,095

    • Daytime Employment: 114,911

    • Average Household Income: $69,924


🌿 Property Advantages

  • ✅ Fully Renovated and Move-In Ready

  • 🌆 High-Traffic Nob Hill Corridor – Pedestrian & Vehicle Exposure

  • 💡 Lighted Building Signage & Modern Security System

  • 🚗 On-Site Parking for 3 Vehicles

  • 🧱 Efficient, Low-Maintenance Building with Modern Finishes

  • 📍 Ideal for Cannabis Retail, Boutique Shop, or Professional Office


💡 Summary of Opportunity

This Nob Hill retail storefront represents an exceptional owner-user or investor opportunity in one of Albuquerque’s most dynamic submarkets. With modern renovations, prime visibility, flexible zoning, and immediate readiness for occupancy, it’s ideal for operators seeking a compact, high-impact footprint in a district known for culture, energy, and constant consumer engagement.


Offered Exclusively by Licensed Agents / Brokers

Listing #9033

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