Stand Alone Store-Front on San Mateo

This 1,773 SF freestanding commercial building sits on 0.17 acres with roughly 64 feet of direct frontage on San Mateo Boulevard, one of Albuquerque's busiest north–south arterials and a designated Major Transit Corridor. Traffic counts on San Mateo run as high as 47,000 vehicles per day just steps from the site; the I-40 interchange is 0.70 miles south and Menaul Boulevard's retail spine 0.35 miles away.

The property is zoned MX-L (Mixed-Use Low Intensity) under the Albuquerque IDO, confirmed on the City's official zoning map. MX-L permits office, medical and dental clinic, personal and business services, small general retail, bank, commercial services, restaurant and cannabis retail as primary uses, with additional uses available by conditional approval. The Comprehensive Plan places the site in a designated Area of Change, and no character, historic or view overlays apply.

The building was re-roofed in 2022 with a 60-mil TPO membrane covering both the main structure and the rear building. A Phase I ESA by NV5 found no recognized environmental conditions, and every utility is already connected. Inside, the as-built plan (measured Nov 2021, 1,773.48 SF gross per BOMA) shows a 33'8" × 11'7" retail floor and a display area at the street, with a lounge, two work areas, kitchen, office, storage and bathroom behind, plus a washer/dryer connection; a covered rear walkway steps down to covered parking at the alley. A December 2021 conceptual retail layout is also on file. Interior finishes are dated but intact — mixed plank, laminate and tile floors, painted and wood-paneled walls, a working kitchen and a full bath — with security doors and window grilles; the building needs cosmetic updating (paint, flooring, landscaping) and is priced accordingly.

For an owner-user the math is the story: at this basis, SBA 504 or 7(a) financing with as little as 10% downcan put a business into its own building on San Mateo

• 1,773 SF freestanding building on 0.17 AC — ±64 FT of San Mateo frontage and ±123 FT of depth to a rear alley; single-story main building plus rear building.
• MX-L zoning confirmed on the City of Albuquerque zoning map — office, medical/dental, personal services, small retail, restaurant and cannabis retail are permissive uses.
• Major Transit Corridor frontage and a Comp Plan Area of Change designation; no CPO / HPO / VPO / APO overlays.
• New 60-mil TPO roof (2022) on both the main and rear buildings — invoice on file.
• Phase I ESA (NV5, ASTM E1527-13): no recognized environmental conditions — report on file.
• Water, sewer, gas and electric connected to the existing building (ABCWUA / New Mexico Gas Co / PNM).
• ±4 spaces at the storefront + ±6 at the rear — rear steel carport for covered parking; covered walkway with steps down from the building; ingress/egress from San Mateo.
• Up to 47,209 VPD on San Mateo at Claremont (2026 count); 46,261 daytime employees within 2 miles.
• 0.70 mi to I-40, 0.35 mi to Menaul Blvd, 0.94 mi to Coronado Center; ABQ RIDE Route 141 on the frontage.
• Owner-user / SBA-eligible — 10% down structures available on owner-occupied commercial real estate.