1511 Central Avenue NE, Albuquerque, NM 87106 (MLS# 1037044)

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1511 Central Avenue NE, Albuquerque, NM 87106

$1,000,000
Property Type: Commercial Sale Lot Size (sq. ft.): 27,007 Status: Active
Current Price: $1,000,000 List Date: 6/28/2023 Last Modified: 5/01/2024

Description

Introducing a remarkable commercial property with a versatile mixed-use building spanning an expansive 15,500 square feet. This exceptional space offers an array of possibilities for entrepreneurs, businesses, and investors seeking a prime location to establish their ventures. Located in a thriving commercial district, this property boasts a prominent street frontage that ensures high visibility and easy access for both foot and vehicular traffic. Its strategic positioning attracts a steady stream of potential customers and clients, making it an ideal choice for office, multi-family, dorm style living, medical, school or a combination of any.

Supplements: The spacious interior provides an open canvas for customization, enabling occupants to create a tailored layout that suits their specific needs. The owners replaced the roof within the past three years. Additionally, the building is equipped with sufficient parking spaces to accommodate staff and customers, making it a convenient destination. The surrounding neighborhood is a bustling hub of activity, boasting a diverse range of businesses, shops, restaurants, and entertainment venues. This vibrant atmosphere creates a captivating environment that draws in visitors and enhances the potential for customer traffic.

More Information MLS# 1037044

Contract Information

Listing Price: 1000000 Current Price: $1,000,000 Status: Active

Location

Street #: 1511 Street Modifier: Ave Street Name: Central St Suffix: Avenue Post Direction: NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87106 Zip +4: 4408 Directions: From the intersection of Central and University, head west on Central. The property is on the North-West Corner of Central and Ash. Geo Lat: 35.081922 Geo Lon: -106.629192 Area: 40 - UNM Zone Atlas: K15

General Property Description

Property Sub-Type: Multi-Use Acres: 0.62 Lot SqFt: 27007.2 Apx Lot Dim Front: 199 Apx Lot Dim Side: 147 Lot Size Source: Broker Flood Zone: X Total # Stories: 2 # Parking Spaces: 31 Docks: No Door Height: unknown Disability Access: Unknown Transaction Type: Sale

Tax & Legal Info

UPC Code: 101505731432011005 Short Legal Desc: S 100' OF THE E 40' OF LOT 9 & ALL OF LOTS 10, 11, 12 TOGETHER WITH THE S 142' OF THE NORTH-SOUTH VACATED ALLEY & THE E' GRT Code: 02-100 Current Taxes: 8642.84 Tax Exemption: No

Income & Expenses

Lease Term/Months: 12

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Corner Lot; Freestanding; Corner Lot; Freestanding Construction: Block; Frame Exterior Material: Stucco Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: 2+ Units Cooling: Multi Units Lease Information: Call List Office Parking: Onsite Docs/Data Available: None Finance Considered: Cash; Conventional; Owner Financing Zoning: MX-M*
Listing Office: Caruso Realty, LLC
Last Updated: May - 01 - 2024

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

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