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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