Downtown Office Condo

Office for Sale
Catylist Listing ID: 30521204
Property Subtypes: Office Building, General
Condo? Yes
Building Size (RSF): 1,200 SF
Gross Building Area: 6,000 SF
Gross Land Area: 0.32 Acres
Sale Price: $169,900
Ceiling: 16 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: 925 6th St NW
Class of Space: Class B
Usable Size (USF): 1,200 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/7/2021

Overview / Comments

This is a small downtown condominium complex containing 10 units. This is a double unit containing 1200 sf, with updates about 8 years ago. Very handsome and contemporary.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Taxing Authority: Bernalillo
Tax ID/APN: 101405813924636010AA
Is Condo?: Yes
Zoning: SU-1 - Special Use Zone
Property Located Between: Mountain Rd and Lomas on the corner of 6th & Granite
Property Visibility: Excellent
Highway Access: I-40 is approximately 3 miles north of the site, accessed by 5th street.
Airports: Albuquerque International Airport -15 miles
Site Description: This is a 10 suite condominium office building. These two units have been combined and updated substantially.
Area Description: Just north of the downtown core. Nearby the courthouses and government center.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 400 SF
Year Built: 1970
Year Renovated: 1995
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Two story contemporary style.
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: There are 16 onsite spaces and some street parking.
Total Parking Spaces: 16
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Very contemporary design featuring work stations below and two private offices upstairs.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: owned
Legal Description: Units 4&9 of the the Loft Condominium Association

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,950 123,356 311,116
Median Age: 36.67 35.41 35.11
Households: 6,107 51,377 126,493

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