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401 2nd St SW - Sanitary Tortilla Factory 401 2nd St SW 7,476 SF Retail Building Albuquerque, NM 87102 $880,000 ($117.71/SF)



INVESTMENT HIGHLIGHTS
- SWC of 2nd St and Lead Ave
- 3-phase electrical
- 2 year old HVAC units
- Back delivery access via curb cut
EXECUTIVE SUMMARY
SWC of 2nd St and Lead Ave
Former Sanitary Tortilla Factory - replated; now occupied by 15 art studios
Owner/ use opportunity
2-year-old HVAC units
3-phase electrical service
Storefront window in front gallery
Party wall with adjacent owner
Back delivery access via curb cut
8 parking spaces in the adjacent lot plus abundant street parking
2023 Property Tax: $5,047
2023 Property Insurance: $3,280
Former Sanitary Tortilla Factory - replated; now occupied by 15 art studios
Owner/ use opportunity
2-year-old HVAC units
3-phase electrical service
Storefront window in front gallery
Party wall with adjacent owner
Back delivery access via curb cut
8 parking spaces in the adjacent lot plus abundant street parking
2023 Property Tax: $5,047
2023 Property Insurance: $3,280
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
7,476 SF
Building Class
C
Year Built
1969
Price
$880,000
Price Per SF
$117.71
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
MX-FB-UD - Form-Based Urban Development
Parking
8 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
112’ on 2nd Street Southwest
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
1 of 9
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401 2nd St SW - Sanitary Tortilla Factory | 401 2nd St SW
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