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2714 4TH Street NW, Albuquerque, NM 87107

$729,000
Property Type: Commercial Sale Square Footage: 4,600 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $729,000 List Date: 11/22/2022 Last Modified: 3/13/2023

Description

Rare opportunity to purchase a prime Retail and Warehouse stand-alone building on one of the busiest commercial corridors in Downtown Albuquerque. Traffic count 30-40K per day. Currently a furniture showroom and gallery with 2 public restrooms and a private breakroom and storage room. A very well-maintained building with many updated modern finishes. 2 story ceilings and a mezzanine loft in the back half of the building along with a roll-up door mechanism which is still intact but has been sealed off at present. The adjacent separately parceled lot serves as an 11-space parking lot. Finished display area with a modern sales counter. Several Major auto part retailers in the immediate area. Note: Furniture business is not for sale- Buyer to verify actual Square Footage.

More Information MLS# 1026185

Status Change Info

Pending Date: 2022-12-09 Closing Date: 2023-03-10

Contract Information

Listing Price: 729000 Current Price: $729,000 List Price/SqFt: 158.48 Status: Closed

Location

Street #: 2714 Street Name: 4TH St Suffix: Street Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87107 Zip +4: 1312 Directions: North on 4th street from Menaul Blvd 1 block and property will be on the right (East) side of the street. Geo Lat: 35.112587 Geo Lon: -106.646038 Area: 101 - Near North Valley Zone Atlas: H14

General Property Description

Property Sub-Type: Warehouse(s) Apx Structured SqFt: 4600 SqFt Source: Broker Acres: 0.3 Lot SqFt: 13068 Apx Lot Dim Front: 113 Apx Lot Dim Side: 116 Addl Lot Dim: Lot 1 = 71X116; lot 2 = 42X116 Lot Description: 2 contiguous lots Lot Size Source: Broker Flood Zone: X Total # Stories: 2 # Parking Spaces: 11 Docks: No Door Height: unknown Disability Access: Yes Transaction Type: Sale

Tax & Legal Info

UPC Code: 101405933138910811 Short Legal Desc: LT 1 BLK 8 OF THE AMENDED PLAT OF MANDELL ADDN NO 2 CONT .1139 AC GRT Code: 02-100 Current Taxes: 640.82 Tax Exemption: Unknown

Income & Expenses

Annual Oper Expenses: 12380 Annual Gross Income: 360000 Annual Insurance: 3500 Annual Utilities: 7680 Annual Bldg Maint: 1200

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: Yes

Property Features

Location: Corner Lot; Downtown; Highway Frontage; Corner Lot; Downtown; Highway Frontage Construction: Block; Metal Exterior Material: Stucco-Synthetic Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Heat/Cool Combo (G); Natural Gas; Split System Cooling: Central Air; Refrigerated Lease Information: None Docs/Data Available: None Finance Considered: Cash; Conventional Zoning: MX-M*
Listing Office: Re/Max Exclusive
Last Updated: March - 13 - 2023

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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