Office/Retail Space for Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30332084
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 3,000 SF
Gross Land Area: 0.16 Acres
Sale Price: $480,000
Unit Price: $160 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/22/2019

Overview / Comments

Absolute Investment Realty has been selected to exclusively represent this beautiful property located at 625 San Mateo N.E. This attractive property was recently renovated with tile flooring, white walls and 1 ADA bathroom per suite. Each suite has lots of natural light, refrigerated air with excellent access and excellent signage. New Electrical and Plumbing. Front and rear parking available for tenants and guests.
This free-standing building is perfect for 3 suite retail or office property. Suites can be utilized separately or combined to +/- 2000 SF or +/- 3000 SF. Each suite individually metered. Come see this great space and ask about potential opportunity to make it your own. Must see to appreciate.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: ABQ139398
Zoning: MX-L - Mixed-use: Low Intensity
Retail Clientele: General, Business, Other
Property Located Between: Lomas and Central
Property Visibility: Excellent
Largest Nearby Street: San Mateo
Area Description: This is a great opportunity to locate your office/retail in the center of Albuquerque. Great access just off 1-40. Close to many amenities, restaurants, banks and several different retail shops. Nearby tenants include Nails by Linda, Planned Parenthood, Albuquerque Integrative Medicine – AIM , Klean Klutz Barber Shop and Angie’s Costume Shop. Also located near both Kirtland Airforce Base as well as the New Mexico State Fair Grounds.
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Renovated: 2018
Zoning Description: Mixed Use Low Intensity

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,359 133,437 311,680
Median Age: 40.26 36 37.45
Households: 9,483 59,376 137,373


Photograph of Listing Agent

Alfredo Barrenechea

Absolute Investment Realty CARNM CIE Member
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