500 Broadway SE

Industrial for Sale
Sale Pending
Catylist Listing ID: 30786375
Property Subtypes: Cold Storage, Flex Space, Food Processing, Free-Standing, Warehouse/Distribution
Status: Pending
Building Size (RSF): 56,000 SF
Gross Land Area: 2.07 Acres
Sale Price: $3,800,000
Unit Price: $67.86 PSF
Property Use Type: Business
Building Name: Quality Foods (Old Creamland Ice Cream Factory)
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 5/10/2022

Overview / Comments

This is the Old Creamland Ice Cream Factory. Now Qualify Foods. Owner User with some Leased space. Environmentally clean property. 24,000 SF of Multiple Walk in and Forklift Drive in Freezer/Cooler areas. 12,000SF Freezer space Minus -20 Degrees (Below zero) capacity updated compressors 2010. Can add additional 12,000 SF Freezer space already adjacent but just dry storage now. 23,000 SE warehouse space. 5,000 offices. Two Dock Hi loading areas. Seller may consider lease back of Quality Foods use area. Please no Show & Tell victors. Viewing only with proven capacity to purchase with buyers' offer presented to sellers. Zoning NR-C. – ((Just for fun - Helium Balloonists used the freezer area at -20 for practice for climb into the stratosphere helium balloon ride.))

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Tax ID/APN: 101405736722543101
Zoning: NR-C - Non-residential: Commercial
Highway Access: Easy access to I-25
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1972
Roof Type: Flat
Parking Type: Surface
Heat Type: Electricity
Zoning Description: NR-C Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,606 109,311 283,396
Median Age: 34.03 35.36 35.16
Households: 7,894 46,256 116,434


Photograph of Listing Agent

Bart Murphy MBA CCIM

Commercial First Realty CARNM CIE Member
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