2404 SAN MATEO Place NE, Albuquerque, NM 87110

$750,000
Property Type: Commercial Sale Square Footage: 26,570 Lot Size (sq. ft.): 64,469 Status: Closed
Current Price: $750,000 List Date: 12/05/2014 Last Modified: 5/03/2022

Overview

Description

Unique Retail Opportunity in Prime Uptown Location! One of the busiest traffic areas in town, San Mateo Blvd just North of I-40. Rehab vacant units to maximize the value, cash flow and rental potential. Currently 4 long term tenants in place, please don't disturb!

Listing Details MLS# 829594

Status Change Info

Pending Date
2014-12-09
Closing Date
2015-01-12

Contract Information

List Price/SqFt
28.23

Location

Street #
2404
Street Name
SAN MATEO
St Suffix
Place
Post Direction
NE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87110
Directions
I-40 to San Mateo exit, North on San Mateo Blvd to Prospect, East to property behind Motel 6
MLS Area Major
41 - Uptown
Zone Atlas
H18
Business Center
Yes
Shopping Center
Yes

General Property Description

Property Sub-Type
Retail Building(s)
Living Area
26570
SqFt Source
Per Appraisal
Acres
1.48
Lot SqFt
64468.8
Apx Lot Dim Front
483
Apx Lot Dim Side
115
Lot Description
rectangular
Lot Size Source
On-Line
Total # Stories
Yes
# Parking Spaces
80
Docks
No
Disability Access
Unknown
HVAC
Yes
% Occupied
50
Transaction Type
Sale
# of Docks
0
Door Height
No

Income Expenses

Annual Gross Income
75000

Miscellaneous

Land Ownership
Land Owned
Financial Info
Yes

More Information

Sales Info

Seller Assist Ofrd
No
Trade/Xch Considered
No

Tax & Legal Info

UPC Code
101805901116831312
Short Legal Desc
LOT 20A BLK 109 BEL-AIR SUBD CONT 1.477 AC M/L
GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
7467.5

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Evaporative Cooling
Yes
Multi Units
Yes
Refrigerated
Yes

Heating

2+ Units
Yes
Central
Yes
Forced Air
Yes
Gas
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Income & Expenses

Annual Oper Expenses
21500
Annual Mgmt Expense
6420
Lease Term/Months
month to month

Utilities

All City
Yes

Features

220 Power
Yes
Private Restrooms
Yes
Security Lighting
Yes

Property Access

W Property Line
Yes

Lease Information

Call List Office
Yes

Parking

On Site
Yes

Docs/Data Available

Existing Leases
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Zoning

C-2
Yes

Property Features

Location: Business Center; Shopping Center; Business Center; Shopping Center Construction Materials: Block; Stucco Miscellaneous: Financial Info Property Access: W Property Line Utilities: All City Heating: 2+ Units; Central; Forced Air; Gas Cooling: Evaporative Cooling; Multi Units; Refrigerated Tenant Pays: Electric; Gas Features: 220 Power; Private Restrooms; Security Lighting Lease Information: Call List Office Parking: On Site Finance Considered: Cash; Conventional Zoning: C-2
Listing Office: R & R Real Estate Partners LLC
Last Updated: May - 03 - 2022
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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