Beautiful Law Office Building
Office
for Sale
Sale Pending
| Catylist Listing ID: |
30667098 |
| Property Subtypes: |
Office Building, General
|
| Status: |
Pending |
| Building Size (RSF): |
8,900 SF
|
| Gross Building Area: |
11,613 SF |
| Gross Land Area: |
0.74 Acres
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$123.60 PSF |
| Ceiling: |
8 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
5201 Constitution Ave NE |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/9/2021 |
Overview / Comments
|
Beautiful law office building available near I-40 and San Mateo. Downstairs is set up with multiple partner offices, small working offices, a break room and a large conference room. Upstairs offers 2 office spaces, a small cubicle area as well as a residence. There is a possible leaseback option for the current upstairs tenant. There is a two car garage with access to upstairs. Private gated parking for the business, as well as adequate parking in front for the tenant.
|
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Bernalillo |
| Submarket/Township: |
University |
| Taxing Authority: |
Bernalillo County |
| Tax ID/APN: |
101705850327310801 |
| Zoning: |
O-1 - Office and Institution Zone |
| Property Located Between: |
On Constitution, west of San Mateo |
| Property Visibility: |
Good |
| Highway Access: |
From I-40 head south on San Mateo Boulevard for 0.7 miles. Turn right (west) on Constitution and the property is the first building on the right. |
| Site Description: |
Two story commercially zoned property. With approximately 2,500 SF residence on second floor. Perfect for office user with onsite living quarters. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1995 |
| Year Renovated: |
2004 |
| Construction/Siding: |
Stucco |
| Parking Ratio: |
0.2 (per 1000 SF) |
| Parking Type: |
Surface, Other |
| Parking Description: |
7 gated parking spots plus two car garage for private parking. 16 public use parking spots. |
| Total Parking Spaces: |
25 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Baseboard, Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
O-1 with SU permit for residential upstairs |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
LT 1-A BLK G PLAT OF LT 1-A BLK G SMITHS SANDIA HILLS |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,973 |
151,361 |
333,834 |
| Median Age: |
40.98 |
36.3 |
37.8 |
| Households: |
8,538 |
67,600 |
146,816 |
|
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