Homewise, Inc.  ·  500 2nd Street SW, Albuquerque, NM 87102 homewise.org  ·  (505) 243-6566
Homewise
Magnolia Station
Magnolia Station conceptual rendering
For Lease

Magnolia Station

1100 4th Street SW  ·  Barelas, Albuquerque, NM 87102  ·  Est. 1931

1,888 sfBuilding
862 sfOutdoor patio
MX-LZoning
1931Year built
Overview

A neighborhood landmark, reimagined

The historic Magnolia Service Station is being fully restored and opened for lease as a full-service restaurant destination in the heart of Barelas — Albuquerque’s oldest neighborhood and one of its most exciting commercial corridors.

Restaurant-ready build-out
Homewise provides a Tenant Improvement allowance to design and construct restaurant infrastructure. You have direct input on layout and build-out scope.
Path to ownership
Right of First Refusal from day one. Homewise’s long-term preference is to sell commercial properties to the tenants who operate them.
Adjacent lot available
The property includes an adjacent lot open to incorporation — patio expansion, community garden, or gathering space proposals are welcome.
High-visibility corner
Corner of 4th St SW and Pacific Ave SW — a prominent intersection in an active, growing neighborhood corridor.

“We’re not looking for a renter. We’re looking for the next owner.”

The Space

Property specs

A 1931 California Mission-style building being fully adapted for a modern restaurant and retail concept, with an enclosed outdoor patio and adjacent development lot.

Building size± 1,888 sf
Outdoor patio± 862 sf
Total land area11,714 sf  /  0.269 acres
ZoningMX-L (Mixed-Use Light)
Year built1931
Architectural styleCalifornia Mission
Street access4th St SW & Pacific Ave SW
Flood zoneZone X / X-Shaded
APN101405711506330616
Magnolia Station concept floor plan
Concept floor plan — open kitchen, walk-in, dining, retail, and 862 sf outdoor patio. 04.07.26 🔍 Click to enlarge
× Concept floor plan — Magnolia Station
The Opportunity

Built for the right tenant

Magnolia Station is designed for a community-serving operator who wants to build something lasting — with real support and a genuine path to owning the building.

01
TI Allowance
Homewise funds the build-out. Restaurant infrastructure is designed with you — not around a generic template.
02
Right of First Refusal
Included from lease day one. When Homewise is ready to sell, you’re first in line to become the owner.
03
Adjacent Lot
Homewise welcomes proposals — additional seating, a community garden, parking, or programming space.
04
Neighborhood Momentum
Barelas is in a long-overdue resurgence. Active corridor, foot traffic, and established nearby businesses.
Nearby businesses
Barelas Coffee HouseCafe Es AmorBox Road AntiquesStreet Food InstituteAlbuquerque RailyardsKoala Children’s Academy
History

A building worth restoring

Nearly a century on the same corner — and now ready for its next chapter.

1662
Barelas established
Barelas is formally established as Albuquerque’s oldest neighborhood — beginning as a farming community before evolving into a railroad hub and Route 66 commercial corridor.
1931
Magnolia Service Station opens
Built in the California Mission style by a local architect, the station opens at the corner of 4th & Pacific to serve motorists on Route 66 — one of the country’s first cross-country highways.
Today
Magnolia Station — for lease
Homewise has acquired the property and is restoring it as part of its commitment to bringing vacant neighborhood landmarks back into productive, community-serving use. 4th Street is at the center of Barelas’ resurgence, and Magnolia Station will be part of it.
About Homewise

Strengthening New Mexico neighborhoods since 1986

Homewise focuses on acquiring and restoring vacant and underutilized properties — both residential and commercial — and returning them to productive use. That work is concentrated in historically disinvested neighborhoods including Barelas, South Broadway, and the International District, with the goal of attracting new investment without displacing existing businesses and residents.

Homewise also operates a commercial loan program to help small businesses and nonprofits purchase the buildings they occupy. Magnolia Station continues that effort.

Barelas properties
4th & Barelas
1411 4th Street SW — Home of the Street Food Institute and food entrepreneur spaces
B. Ruppe Building
Historic commercial building, Barelas corridor
Koala Children’s Academy
Bilingual early education, 60 children — Albuquerque Railyards entrance
Magnolia Station
1100 4th St SW — Now available for lease
Contact

Let’s talk

Interested in Magnolia Station? Reach out directly to discuss the space, tenant fit, lease terms, and next steps.

CA
Chris Anderson
Commercial Project Manager
Phone(505) 288-7729
Emailcanderson@homewise.org
Office500 2nd Street SW, Albuquerque, NM 87102
A nonprofit community development organization strengthening New Mexico neighborhoods since 1986.
☎  (505) 243-6566
🌐  homewise.org
500 2nd Street SW
Albuquerque, NM 87102