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Montgomery Medical Office Condo

10151 Montgomery Blvd NE, Bldg 3 Suite B, Albuquerque, NM 87111
Available Now
$1,800,000
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FOR SALEOffice / Medical
Building Size
8,827SF
HVAC
YES
Year Built
1998
Year Renovated
2020
Zoning
MX-T
Tenancy
Multi Tenant
Listing Contacts
Real Estate Developer
View OM
AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Montgomery Medical Office Condo, a Class B medical office condominium in Albuquerque's Northeast Heights, is offered for sale at $1,800,000 ($306.02 per SF). The 8,827 SF building, built in 1998 and renovated in 2020, is part of the Bear Canyon Professional Center, a well-established healthcare hub anchored by specialty medical and dental providers including dermatology, oral surgery, periodontal, and endodontic practices.

The property comprises 5,882 SF of net rentable medical office space configured with 13 exam rooms, two private physician offices, two staff offices, a 20' x 25' treatment room, and a spacious 44' x 16' waiting area. Additional features include three restrooms, a dedicated laundry room, and staff break room. The unit is part of a three-building complex with 733 SF of shared common area and benefits from 24-hour access, full HVAC, and ADA compliance. Parking is abundant at 52 spaces (6:1 ratio) on a paved surface.

The Northeast Heights market is anchored by major employers including Sandia National Laboratories, Presbyterian Health System, and the University of New Mexico Hospital. Demographics show 18,162 residents within one mile (median household income $74,046) and 262,830 residents within five miles. The location on Montgomery Boulevard offers two ingresses and two egresses, with xeriscaping and on-site maintenance. The property is zoned MX-T and sits on one parcel with steel framing, cement foundation, and stucco exterior.

Why it works
  • 13 exam rooms with professional layout suited for multi-specialty medical use
  • Recently renovated 2020; built 1998 with steel frame and cement foundation
  • 52 parking spaces at 6:1 ratio; abundant patient and staff parking
  • Part of established Bear Canyon Professional Center medical office complex
  • Strong demographic support: 125,076 residents within 3 miles; major healthcare employers nearby
  • ADA compliant; 24-hour access and on-site maintenance
AI-generated. Verify figures, lease terms & zoning before relying on them.

More property details

Parking Info
Paved parking surface with 6:1 parking ratio
Currently Leased
No
Investment
Owner User
Property Status
Ready To Use
Broker Co-op
N/A
Net Rentable
5,882SF
Property Class
B
No of Buildings
3
No of Stories
1
Units
2

Features & amenities

Unit Amenities
24 Hour Access
Air Conditioning
Site Amenities
Restrooms
Maintenance on site
Building Features
HVAC
Stucco exterior
Steel framing
Cement foundation
Paved parking

Location

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Montgomery Medical Office Condo
About the location

Located in the Northeast Heights of Albuquerque along Montgomery Boulevard, the Bear Canyon Professional Center is a well-established medical and dental office condominium community serving the surrounding residential neighborhoods. The complex is home to a variety of specialty healthcare providers, including dermatology clinics, oral and maxillofacial surgery practices, periodontal specialists, and endodontic and general dental providers. The center offers a convenient cluster of specialized medical and dental services, creating a professional healthcare hub that serves patients from across the Northeast Heights and greater Albuquerque area.

Location highlights
  • Northeast Heights location; Medical office condominium complex; Specialty healthcare providers; Professional center with multiple tenants

Documents

PDF
10151-flyer.pdf
6.52 MB · Listing document

Additional details

Document Type
Offering Memorandum
County
Bernalillo
Market
North East
Number Of Parcels
1
Number Of Ingresses
2
Number Of Egresses
2
Elevator
N/A
Fire Sprinkers
NO
Landscaping
Xeriscaping
Previous Use
Dental clinic and plumbing was capped in the floor
Legal Disclaimer

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Construction Details
Foundation
Cement
Framing
Steel
Exterior
Stucco
Parking Surface
Paved
Medical Office Features
Exam Rooms
13
Physician Offices
2
Staff Offices
2
Treatment Room
20' x 25'
Waiting Area
44' x 16'
Restrooms
3
Laundry Room
Yes
Staff Break Room
Yes
Common Area
733 SF shared
Market Context
Largest Employers
  • Sandia National Laboratories (13,361)
  • Presbyterian Health System (12,644)
  • Albuquerque Public Schools (11,867)
  • University of New Mexico Hospital (7,256)
  • City of Albuquerque (7,020)
Market Context > Major Industries By Employee Count
Service
42%
Retail Trade
20%
Other Service
16%
Health Services
13%
Eating Drinking
8%
Demographics
1 Mile Population 2026
18,162
3 Mile Population 2026
125,076
5 Mile Population 2026
262,830
1 Mile Median HH Income
74,046
3 Mile Median HH Income
80,475
5 Mile Median HH Income
70,137
1 Mile Average HH Income
96,187
3 Mile Average HH Income
112,936
5 Mile Average HH Income
102,324
Montgomery Medical Office Condo
8,827 SF · office · Albuquerque · NM
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