2039 4th St. N.W.

Retail-Commercial for Sale
Catylist Listing ID: 30458081
Property Subtypes: Restaurant
Building Size (RSF): 6,024 SF
Gross Building Area: See Agent
Gross Land Area: 0.52 Acres
Sale Price: $700,000
Unit Price: $116.20 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: 2039 4th St NW
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

6,024 s.f. restaurant building on corner of I-40 and 4th St. Freeway Pole Signage rental and extra parking lot rental from State Highway Department.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Tax ID/APN: 101405926412132101
Zoning: MX-M - Mixed-use: Moderate Intensity
Retail Clientele: Family, Business, Traveler
Property Visibility: Excellent
Largest Nearby Street: 4th Street
Highway Access: I-40 at 6th St.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1960
Year Renovated: 2007
Construction/Siding: Block
Total Parking Spaces: 56
Parking Ratio: 9 (per 1000 SF)
Parking Type: Surface
Parking Description: 26 on property and 28 on state highway property
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,153 116,030 316,086
Median Age: 34.88 36.22 35.83
Households: 5,454 49,781 130,714


Photograph of Listing Agent

Michael D Leach

Sycamore Associates,LLC CARNM CIE Member
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