1500, 1508 S Bridge Boulevard SW, Albuquerque, NM 87105 (MLS# 1000933)

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1500, 1508 S Bridge Boulevard SW, Albuquerque, NM 87105

$485,000
Property Type: Commercial Sale Square Footage: 2,975 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $485,000 List Date: 1/12/2023 Last Modified: 2/23/2024

Description

HUGE OPPORTUNITY! A rare commercial property at the Five Points intersection of Bridge Blvd & Sunset. 3 separate buildings, on 3 lots, with parking, sold together @ 1 price. The Five Points Village Center is a very special commercial property with incredible potential. Property is a Living Estate and being sold ''As is'' without any guarantees or contingencies of any kind. Sq ft is approximate, it is the buyer's responsibility to measure, if of material importance to the buyer. LOTS ONE(1), Two(2), Three(3) of Block 2 of the HAMILTON ADDITION Parcel ID lots 1 and 2: 101205653328741415 Parcel ID Lot 3: 101205652728541416

Supplements: --wider sidewalks, & new ornamental street lighting. Showcasing beautifully landscaped roundabout with a plaza @ its center. The property is on the SW corner, a focal point of concentrated traffic. A consultant working with Bernalillo County, believes the Five Points Commercial District has great potential for development in the short and mid-term future. Large commercial properties to the North help create continuous pedestrian/vehicle activity. Bridge Bvd is 1-of-2 river crossings in the South Valley that links the fast-growing SW Mesa to employment activity centers on the Eastside such as: Alb Downtown (2 miles), Alb International Airport (3 miles), University of NM, UNM athletic complex (2 miles), I-25 Interchange (1.5 miles), Presbyterian Hospital (2 miles), close proximity to Kirkland Air Force Base & Sandia National Laboratories. The Five Points Village Center is a very special commercial property with incredible potential. The attached graphic renderings from Bernalillo County Planning Dept, illustrates what this unique commercial property can become! LOTS ONE(1), Two(2), Three(3) of Block 2 of the HAMILTON ADDITION Parcel ID lots 1 and 2: 101205653328741415 Parcel ID Lot 3: 101205652728541416

More Information MLS# 1000933

Contract Information

Listing Price: 485000 Current Price: $485,000 List Price/SqFt: 163.03 Status: Active

Location

Street #: 1500, 1508 Direction: S Street Name: Bridge St Suffix: Boulevard Post Direction: SW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87105 Zip +4: 3059 Directions: Going South or going North on I-25 Exit 223 Avenida Cesar Chavez Go West on Cesar Chavez Cesar Chavez becomes Bridge Blvd. Go Approx. 2 miles to Sunset and Bridge Blvd. *(Intersection known as Five Points)* Property is on SW Corner 1508 Bridge Blvd, SW Albuquerque, NM 87105 Geo Lat: 35.066222 Geo Lon: -106.674669 Area: 90 - Near South Valley Zone Atlas: L12

General Property Description

Property Sub-Type: Multi-Use Apx Structured SqFt: 2975 SqFt Source: Floorplan Acres: 0.4 Lot SqFt: 17424 Apx Lot Dim Front: 151.2 Apx Lot Dim Side: 162.86 Addl Lot Dim: These are approximate dimensions Lot Description: SW Corner commercial lot, Lot sq.ft. is appx Lot Size Source: Survey Flood Zone: X Total # Stories: 1 Ceiling Height Range: approx 8 feet # Parking Spaces: 10 Docks: Yes # of Docks: 1 Door Height: 7 feet Disability Access: No HVAC: Yes % Occupied: 0.33 Transaction Type: Sale

Tax & Legal Info

UPC Code: 101205652728541416 Short Legal Desc: * 003 002HAMILTON ADDNLOTS ONE(1), Two(2), Three(3) of Block 2 of the HAMILTON ADDITION GRT Code: 02-002 Current Taxes: 1370.64 Tax Exemption: Unknown

Income & Expenses

Annual Oper Expenses: 3490.58 Lease Term/Months: n/a

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Corner Lot; Freestanding; Suburban; Other - See Remarks; Corner Lot; Freestanding; Suburban; Other - See Remarks Construction: Adobe; Masonry Exterior Material: Stucco Property Access: E Property Line Road Surface Type: Paved Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: 2+ Units; Natural Gas; Wall Unit Cooling: Evaporative Cooling; Multi Units Tenant Pays: None Features: Private Restrooms; Storage Lease Information: None Parking: Guest Parking; Onsite Docs/Data Available: Deed; Disclosure Statement; Plat Map; Survey; Traffic Flow Finance Considered: Cash; Conventional Zoning: C-1
Listing Office: Sachs5th Real Estate & Auction
Last Updated: February - 23 - 2024

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