Stand Alone Commercial Building

Retail-Commercial for Sale
Also listed as Special Purpose, Office
Catylist Listing ID: 30577223
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,326 SF
Gross Building Area: See Agent
Sale Price: $480,000
Unit Price: $90.12 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2020

Overview / Comments

REC Contract Acceptable..., Lease Purchase or Lease . Check out this Gem in the south valley! Live/Work options! Small apartment attached. Currently being used as New Mexico's Premier Aerial Dance black box theater known as AirDance ArtSpace. Over 5,300sf of usable space including 1,750sf of theatre performance area, 700sf office space, 650sf of storage, an inviting 760sf lobby and proper Green Room for performing acts. The property offers ample parking for events, 10' high bay door for loading equipment, ADA compliant facilities and triple phase electricity to handle all production needs. No where else will you find it's equal. New owners will find there are a multiple uses for this property. Past uses have included film sets, photo shoots, meetings, classes, workshops, and theatrical performances. A hidden treasure. This high visibility property allows for many flexible commercial uses including live/work Retail/Office. Continued use as a school would require a special use permit.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: 101205439408140418
Zoning: RC - Residential/Commercial Zone
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,326 SF
Property Condition: Good
Year Built: 1940
Roof Type: Other
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: RC - Residential/Commercial Retail/Office
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LTS 1, 2 & 3 OF K & D COMPTONS SUBD OF TR 4B & LTS 1 & 2 JAMES P. JORDON SUBD OF TRS 5A, 5B, 6A & 6B (REPLATS OF AFC SUBD NO. 1) (EXCL W'LY PORT OUT TO ROW) CONT .7033 AC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,928 72,459 199,139
Median Age: 33.93 31.51 32.09
Households: 2,854 23,306 72,340

Contact

Photograph of Listing Agent

Kimberly Boucher

Re/Max Alliance, REALTORS CARNM CIE Member
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