
Albuquerque, New Mexico
Type: Turnkey Dispensary
Size: 378 sqft.
- Full description below -
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.
Market Intelligence Property
This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.
View the complete market overview, licensing data and additional opportunities:
New Mexico Market Intelligence → https://www.greenzones.us/new-mexico
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