$350,000

active

427 Adams Street SE, Albuquerque, NM 87108

0 days on market

Lot

9,365 sqft

Type

other

About This Property

Church, restaurant, school? Cannabis growth facility? ''Smoking Dragon''? So many possibilities! This unique design suggests some real unique opportunities. Extremely secure building. 12 inch thick concrete wall and ceilings, small fixed glass windows. Unwanted entry halted just with the infrastructure. Presently set up as a martial arts studio and retail shop. The school is willing to continue renting to cover your mortgage, or they will vacate if that is your preference. ADA compliant bathrooms already in place. Kitchen onsite. Loads of storage. May be able to lease parking from neighbor. Original owner has complete prints. Owner willing to carry paper for financing

Features & Amenities

Fenced Fence

3 Stories

12 Parking Spaces

Property Details

MLS #	1111580
Property Type	other
Heating	Ductless,Other
Cooling	EvaporativeCooling
Lot Size	9,365 sqft
Property Tax (est.)	$3,336/yr ($278/mo)
Status	Active
Days on Market	0

About Nob Hill → Full Guide

Price vs. Neighborhood

This home

$350,000

Nob Hill median

$395,000

11% below the Nob Hill median. Homes here sell in an average of 41 days.

Commute Times

Unm

5 min

Downtown

10 min

Abq Studios

20 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

12 min

Intel Rio Rancho

35 min

Nearby Schools

Monte Vista Elementary

K-5 · APS

6/10

Jefferson Middle School

6-8 · APS

5/10

Highland High School

9-12 · APS

5/10

UNM (University of New Mexico)

Higher Ed · State

Neighborhood Guide

Explore Nob Hill

Eclectic & Walkable

Listing courtesy of Criel and Associates, LLC. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.