2350 State Hwy 47, Rio Communities,NM

Retail-Commercial for Sale
Catylist Listing ID: 30766952
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 800 SF
Gross Land Area: 0.48 Acres
Sale Price: $169,000
Unit Price: $211.25 PSF
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 800 SF
Sale Terms: Cash to Seller
Last Updated: 11/16/2021

Overview / Comments

High traffic area in Rio Communities. Next door to busy Allsups. Once a very successful cafe-takeout business. Lots of possibility here. Some restaurant equipment conveys but no warranties given. Zoned C-1 allows for multiple uses. Great price for this property. Building being sold as is and seller is not interested in a lease.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia County
Tax ID/APN: 1009028306055000000
Retail Clientele: General, Business, Tourist, Recreation
Property Located Between: River Road and State Highway 47
Property Visibility: Good
Largest Nearby Street: State Highway 47
Feet of Frontage: 300
Highway Access: Located on State Highway 47
Airports: Belen Regional Airport
Site Description: Excellent commercial spot
Area Description: Growing community in recently formed Rio Communities and on the gateway to rural areas of Adelino and Tome
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 800 SF
Property Condition: Average
Year Built: 1989
Roof Type: Other
Construction/Siding: Stucco
Exterior Description: Custom frame stucco. Southwest styling
Total Parking Spaces: 10
Parking Type: Surface
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Window Unit
Interior Description: interior was remodeled to accommodate a take out and dine -in restaurant business with kitchen area, counters and some seating area
Zoning Description: C-1
Lot Frontage: 300 feet
Lot Depth: irregular
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: TRACT: UNNUMBERED S: 16 T: 5N R: 2E 0.48 ACRE MAP 99 1989 SPLIT TAQUERIA EL REY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,892 15,858 21,363
Median Age: 45.06 40.53 40.55
Households: 742 6,220 8,254


Photograph of Listing Agent

James A Jaramillo

Coba Investment Company Co. CARNM CIE Member
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