Catylist Listing ID: 30630046
Property Subtypes: Business Park, Executive Suites, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 4,603 SF
Gross Land Area: 0.09 Acres
Sale Price: $550,000
Unit Price: $119.49 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/24/2020

Overview / Comments

Two buildings included in sale. 1202 and 1204 Central SW. Currently operating as one business but could be easily divided into two separate businesses. Amazing exterior renovation by renowned architect Bart Prince. 1202 Central offers seven private office suites, two bathrooms (1 ADA acceptable) front and rear entrances. 1204 Central offers front reception, six office suites, two conference rooms, executive bathroom includes 3/4 shower and sauna room. Three HVAC systems, shared parking lot amazing visibility off of Central Avenue.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Heat Type: Natural Gas
Zoning Description: MX-L
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1202 Central-*032 050W 6FT LOT 31 & E 20 FT LOT 32 1204 Central-*34-A 50 PLAT OF LOT 34-A BLK 50 ORIGINAL ERQUE 0.269AC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,027 113,908 299,617
Median Age: 38.28 34.51 34.48
Households: 6,446 46,386 119,651


Photograph of Listing Agent

John Lucero

Maddox & Co/REALTORS
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