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1823 Commercial St NE 2,700 - 9,593 SF Industrial Condo Units Offered at $545,710 - $1,244,228 Per Unit in Albuquerque, NM 87102
Executive Summary
1823 Commercial St NE presents a rare opportunity to acquire a high-performing industrial/flex property offering both stable cash flow and user potential in one of Albuquerque’s most accessible industrial corridors.This two-suite asset combines turnkey income with owner-occupant flexibility — ideal for investors, trades, or specialty operators seeking quality space with power, functionality, and growth potential. BUSINESS CAN BE SOLD WITH PROPERTY: TOTAL RETURN BUSINESS INCOME + REAL ESTATE CASHFLOW 13.94% OWNER FINANCING OFFERED AVE. EBITDA $307,500. The featured coating company is a rapidly growing specialty surfacing company transforming residential and commercial properties with eco-friendly, non-slip, and temperature controlled coating surfaces. The company’s proprietary system uses recycled rubber from Canadian tires to resurface cracked, deteriorating, or aging concrete and asphalt without demolition — providing a durable, attractive, and sustainable alternative to traditional concrete replacement. Founded on innovation, sustainability, and craftsmanship, built a strong reputation across New Mexico for quality, safety, and environmental responsibility. With increasing market awareness and year-over-year growth, this turnkey operation presents a rare opportunity to acquire a high-margin business positioned at the intersection of green technology and construction services.
4 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment |
| Sale Type | Investment | APN/Parcel ID | 101405942002640719 |
| Cap Rate | 7.85% |
| Sale Type | Investment |
| Cap Rate | 7.85% |
| APN/Parcel ID | 101405942002640719 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A | 8,097 SF | Industrial | $874,368 ($107.99/SF) | - |
| Unit B | 9,593 SF | Industrial | $1,244,228 ($129.70/SF) | - |
| Unit C | 2,700 SF | Industrial | $755,767 ($279.91/SF) | - |
| Unit D | 4,961 SF | Industrial | $545,710 ($110.00/SF) | $42,863.04 |
Unit A
| Unit Size |
| 8,097 SF |
| Condo Use |
| Industrial |
| Price |
| $874,368 ($107.99/SF) |
| NOI |
| - |
Unit B
| Unit Size |
| 9,593 SF |
| Condo Use |
| Industrial |
| Price |
| $1,244,228 ($129.70/SF) |
| NOI |
| - |
Unit C
| Unit Size |
| 2,700 SF |
| Condo Use |
| Industrial |
| Price |
| $755,767 ($279.91/SF) |
| NOI |
| - |
Unit D
| Unit Size |
| 4,961 SF |
| Condo Use |
| Industrial |
| Price |
| $545,710 ($110.00/SF) |
| NOI |
| $42,863.04 |
Unit A
| Unit Size | 8,097 SF |
| Condo Use | Industrial |
| Price | $874,368 ($107.99/SF) |
| NOI | - |
| Sale Type | Investment |
Unit B
| Unit Size | 9,593 SF |
| Condo Use | Industrial |
| Price | $1,244,228 ($129.70/SF) |
| NOI | - |
| Sale Type | Investment |
Unit C
| Unit Size | 2,700 SF |
| Condo Use | Industrial |
| Price | $755,767 ($279.91/SF) |
| NOI | - |
| Sale Type | Investment |
Unit D
| Unit Size | 4,961 SF |
| Condo Use | Industrial |
| Price | $545,710 ($110.00/SF) |
| NOI | $42,863.04 |
| Sale Type | Investment |
| Cap Rate | 7.85% |
| APN/Parcel ID | 101405942002640719 |
Property Facts
| Total Building Size | 15,420 SF | Typical Floor Size | 15,420 SF |
| Property Type | Industrial | Year Built | 1946 |
| Property Subtype | Warehouse | Lot Size | 2.37 AC |
| Building Class | C | Opportunity Zone |
Yes
|
| Floors | 1 | ||
| Zoning | NR-LM - Non Residential Light Manufacturing | ||
| Total Building Size | 15,420 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 15,420 SF |
| Year Built | 1946 |
| Lot Size | 2.37 AC |
| Opportunity Zone |
Yes |
| Zoning | NR-LM - Non Residential Light Manufacturing |
Presented by
1823 Commercial St NE
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