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1001 San Mateo Boulevard SE

Albuquerque, NM 87108
  • $400,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 1007361
UPDATED: 57 min ago
$400,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 2 vacancies at this time. At $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Store, each has 1/2 Bathroom. Ideal for Retail or Offfice use, Owner/Occupant or pure Investment.

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IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2022-05-16T11:04:54.44.
www.mynmdreamhome.com/homes/124849030
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1001 San Mateo Boulevard SE Albuquerque, NM 87108

  • Price: $400,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 57 min ago
  • MLS #: 1007361
0
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
42 - UNM South
County:
Bernalillo
Area:
42 - UNM South
Property Description
Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 2 vacancies at this time. At $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Store, each has 1/2 Bathroom. Ideal for Retail or Offfice use, Owner/Occupant or pure Investment.
Exterior Features

Construction Materials BlockStucco Parking Features On Site Parking Total 6 Stories Total 1

Interior Features

Cooling Evaporative Cooling2 Units Cooling YN Yes Heating Multiple Heating UnitsNatural Gas Heating YN Yes

Property Features

Building Area Total 4168 Disclosures Ranm 2100 Disclosure Green Energy Efficient Construction Gross Income 45848 Land Lease YN No Leasable Area 50 Lease Considered YN No Lease Term 6 Months Listing Agreement Exclusive Right To Sell Operating Expense 13650 Property Sub Type Retail Tax Annual Amount 2320.3 Tenant Pays None Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

Listing courtesy of R & R Real Estate Partners Llc. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2022-05-16T11:04:54.44.
 
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The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109