401 San Felipe St. NW, Albuquerque, NM, 87104

401 San Felipe St. NW Albuquerque, NM 87104

Albuquerque
FOR SALE
Property Type:
Street Retail
Amount:
$2,000,000
Last Verified:
Nov 18, 2025

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Highlights

  • Great location in Old Town
  • Near many amenities
  • High foot traffic
  • Functional building layout

Description

Presenting a great investment opportunity at 401 San Felipe St. NW, Albuquerque, NM, 87104. This 4,056 SF building, zoned MX-T, offers a functional layout within a well-maintained structure, making it an ideal choice for retail or street retail investors. Upstairs is an apartment over 2,000 SF. With its location in Old Town and high foot traffic, this property is a promising prospect for those seeking a lucrative venture.

Discover the eclectic charm and vibrant energy surrounding the area of 401 San Felipe St. NW in Albuquerque, NM, a location ripe with retail potential. Situated in the iconic Old Town Plaza, investors will find a unique opportunity to tap into the area's rich cultural heritage, with a mix of specialty shops, galleries, and local eateries. The property's strategic position offers access to a steady flow of visitors and residents, making it an appealing investment for retail/street retail investors seeking to become part of the lively commercial fabric of Albuquerque. With its blend of historical allure and modern appeal, the area presents an exciting canvas for retail innovation and success.

Building Size: 4056sq ft
Lot Size: 0.06 acres


Documents

401 San Felipe - Brochure

Map of 401 San Felipe St. NW, Albuquerque, NM, 87104

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.