SOLD: Freestanding Office Building - 2119 Menaul Blvd NE
Albuquerque Family Sells Office Building
The family of long-time surveyor and owner of Albuquerque Surveying Co,, Fred Sanchez, sold its 2,060+/-square foot, freestanding office building located at 2119 Menaul Blvd NE. The block building, which was owner-occupied for several decades, has excellent frontage on Menaul Blvd and is constructed of masonry block. Albuquerque Surveying Co. was very respected in the commercial real estate industry. We were fortunate to have the opportunity to work with Mr. Sanchez over the years on various projects.
The team of John Ransom, TIm With and Keith Bandoni represented the seller of the property in the transaction. The buyer of the office building was a local family, Maxime and Daniela Bouneou, who are the owners of renowned restaurants, Torino's @ Home (located in the Journal Center) and Limonata (located in Nob Hill). Their intentions with the newly purchased property are to convert it to a restaurant some day.
The property was listed for $250,000 ($121.36/SF) and was situated on a +/- 0.3018 acres, zoned M-1 ("light industrial"). The property was listed for sale for less than 30 days and received interest from several prospective buyers.