2420 Monroe StAlbuquerque, NM 87110

For Sale
$3,500,000

Turnkey grow facility, modern offices

Overview

Added:
Feb 13
Days on market:
29
This 11,037 sq ft industrial warehouse in Albuquerque, NM, is a prime investment opportunity. The property boasts a fully operational, state and county-approved 12,000 sq ft cannabis grow and manufacturing facility, complete with modern office space, expansive warehouse areas with 11-foot ceilings, two loading docks, and six parking spaces. The grow operation includes a veg room with 45,000 watts of LED lighting, two flowering rooms with 120,000 watts of DE HPS lighting, and a comprehensive climate control system featuring multiple 10-ton HVAC units and dehumidifiers. Additional features include an automated watering system, a walk-in freezer, a vault room, a trimming room, and a kitchen. The property is equipped with three-phase power, is ADA compliant, and sits on a 0.372-acre lot, conveniently located near San Mateo and I-40. All furniture, fixtures, and equipment are included in the sale price of $3,500,000 ($317.10/sq ft). Built in 1972, this Class B building is zoned NR-C and is impeccably maintained. This versatile space is ideal for expanding operations or entering the market.

Highlights

  • $3,500,000 asking price for an 11,037 square foot industrial warehouse.
  • Class B building, built in 1972, with one story and 11-foot ceilings.
  • Features two loading docks, six parking spaces, and is situated on a 0.372-acre lot in Albuquerque, NM.
  • Includes modern office space, large warehouse areas, and a turnkey grow facility with all equipment included.
  • Property boasts three-phase power and is conveniently located near I-40 and San Mateo.
  • Zoned NR-C and features ADA-compliant bathrooms.

Property Details for 2420 Monroe St

Property type
Other warehouses, Other industrial properties
Square Feet
11,037 SF
Class
B
Year Built
1972
Stories
1
Lot Size (sq. ft)
16,204 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1066369
Longitude
-106.5904505
2420 Monroe St, Albuquerque, New Mexico

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2420 Monroe St
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