1520 LOMAS Boulevard NW, Albuquerque, NM 87104 (MLS# 959424)

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1520 LOMAS Boulevard NW, Albuquerque, NM 87104

$500,000
Property Type: Commercial Sale Square Footage: 2,890 Lot Size (sq. ft.): 10,846 Status: Closed
Current Price: $500,000 List Date: 12/20/2019 Last Modified: 3/02/2020

Description

Operating as a successful Restaurant for many years. Some equipment stays when current tenant moves out Jan 1, 2020. Owner will do owner finance with 15% down at 6% fully amortized for 20 Yrs. Range hoods(2) and fire system, walk in cooler all stay.

More Information MLS# 959424

Status Change Info

Pending Date: 2020-02-12 Closing Date: 2020-02-27

Contract Information

Listing Price: 500000 Current Price: $500,000 List Price/SqFt: 173.01 Status: Closed

Location

Street #: 1520 Street Name: LOMAS St Suffix: Boulevard Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87104 Zip +4: 1255 Directions: Head West on I-40. Take exit 158 onto 6th street. Turn left onto 6th street. Turn right onto Lomas. Turn left onto 16th street. The restaurant is on your left. Geo Lat: 35.092592 Geo Lon: -106.664024 Area: 80 - Downtown Area Zone Atlas: J13

General Property Description

Property Sub-Type: Restaurant Apx Structured SqFt: 2890 SqFt Source: Floorplan Acres: 0.25 Lot SqFt: 10846.44 Apx Lot Dim Front: 100 Apx Lot Dim Side: 100 Lot Size Source: On-Line Total # Stories: 1 # Parking Spaces: 20 Docks: No Door Height: 7 Disability Access: Unknown HVAC: Yes Transaction Type: Sale

Tax & Legal Info

UPC Code: 101305831419143009 Short Legal Desc: TRS 87-A & 87-B MRGCD MAP 38 & LT 1 BLK 20 PEREA ADDN CONT 1 0,850 SQ FT +- GRT Code: 02-100 Current Taxes: 4075.36 Tax Exemption: Unknown

Income & Expenses

Lease Term/Months: n/a

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Downtown; Downtown Construction: Block; Frame Exterior Material: Stucco Road Surface Type: Paved Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Natural Gas Cooling: Evaporative Cooling; Multi Units Features: 220 Power Lease Information: Other - See Remarks Parking: Offsite; Onsite Docs/Data Available: None Finance Considered: Cash; Conventional; Owner Financing Zoning: MX-L*

Documents

Listing Office: EXP Realty LLC
Last Updated: March - 02 - 2020

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

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