Pending For Sale Investment

Rio Grande Plaza

901 Rio Grande Blvd NW, Albuquerque, NM, 87109

ID 928846ae

Overview

Rio Grande Plaza in Albuquerque, New Mexico is a distinctive commercial Complex situated at 901 Rio Grande Blvd NW, just south of I‑40 in the city’s historic Old Town district. The property sits within the scenic Rio Grande Valley, giving it a pleasant, welcoming atmosphere suited for both business and visitor traffic.  Notable tenants include DH Lescombes Winery and Two Cranes Bistro & Brew, which help draw steady foot traffic and contribute to the plaza’s destination‑style appeal.  Its location near major routes, ample parking, and a beautiful courtyard setting make it easy to find and comfortable to visit. Rio Grande Plaza is a compound of eight one and two story free-standing buildings situated on 4.3 acres.

Additional Information

City
Albuquerque
State
NM
Zip Code
87109
Primary Uses
Investment
Zoning
SU-1, Special Use for C-1 and O-1
Zoning Description
Mixed Use Low Intensity
Building Name
Rio Grande Plaza
Building Class
B
Year Built
1,995
Parking Ratio
4.3
Parking Spaces
247
Agent Ownership Interest
Yes
Gross Income
$1,192,194
NOI
$776,039
Total Expenses
$416,155
Average Occupancy Rate
99%