Morningside Facility

Special Purpose for Sale
Catylist Listing ID: 30595048
Property Subtypes: School/University, Other
Building Size (RSF): 10,895 SF
Gross Land Area: 0.71 Acres
Sale Price: $1,500,000
Ceiling: 9 ft.
Property Use Type: Business
Usable Size (USF): 10,985 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2020

Overview / Comments

Currently the NM Therapeutic School of Massage, store and massage therapists' studios. The larger building is on Morningside and the smaller building is on the Montclaire side. Parking is fenced all the way around the property with gates on Morningside, Silver and Montclaire.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Taxing Authority: Bernalillo County
Tax ID/APN: 101705713718532707
Zoning: MX-T - Mixed-use: Transition
Property Located Between: Central and Washington
Property Visibility: Excellent
Largest Nearby Street: Central
Feet of Frontage: 140
Highway Access: I-40/San Mateo 3 miles, I-25/Lead SE 2.2 miles
Airports: Albuquerque Sunport
Site Description: This property has western boundary on Morningside (140 ft), northern boundary on Silver (235 ft) and eastern boundary with a combined 95 ft on Montclaire. The lot sits one block south of Central and is four blocks to Nob Hill Business Center.
Area Description: Multi-family housing one to two blocks away from Central and 4 blocks away from Nob Hill shopping area
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 5,900 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Stucco exterior with courtyard enclosure on the larger Morningside building
Parking Type: Surface
Parking Description: Fully gated and secured/fenced parking shared between the two buildings
Heat Type: Natural Gas, Steam
Heat Source: Baseboard
Air Conditioning: Evaporative Cooler
Interior Description: Hardwood floors and tiled floors, some offices carpeted, concrete floors in basement
Zoning Description: MX-T
Lot Frontage: 140
Lot Depth: 60
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Other
Easements Description: Ingress/Egress and Drainage Easements noted on Plat
Legal Description: LOT "A-1" BLK 9 MESA GRANDE ADD REPL OF LOTS 1, 2, 3, 4, 5, 15 & 16 BLK 9 MESA GRANDE CONT 22,520 SQ FT M/L

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,528 124,519 279,838
Median Age: 40.44 35.67 37.09
Households: 7,985 55,335 122,116

Contact

Photograph of Listing Agent

Reginald Olson

eXp Realty
CARNM CIE Member
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