12 Photos
401 Central Avenue NE
Albuquerque, NM 87102
$750,000
02/21/2023
Listing Date
1029900
Listing #
87102
Zip Code
Bernalillo
County
About This Property
INVESTOR FIND W/SPECIAL REQUIREMENTS: Fully occupied and ready for silent investor. This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Current tenants are Nuve Salon (since 2020), Edo Spaces (since 2009), and EDo Storage (since 2012). Tenants are responsible for their own electricity, janitorial, and all non-structural repairs to the space and its equipment, including glass damage. Owner pays condo dues (which include building insurance, water-sewer-trash-recycling, and common area maintenance) and property taxes.Proforma available upon request.
Building And Construction
Property Type:
Commercial Sale
Property Sub Type:
Mixed Use
Construction Materials:
Brick
Provisional
MLS #:
1029900
Gross Income:
77700
Leasable Area:
100 sqft
Listing Terms:
Cash, Conventional, Other, See Remarks
Operating Expense:
25081
Area And Schools
City:
Albuquerque
Postal Code:
87102
MLS Area Major:
Downtown Area
County:
Bernalillo
Accessibility Features:
Wheelchair Access
Parcel Number:
101405742739313008aa
Utilities
Utilities:
Cable Not Available, Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Cooling:
Multi Units, Refrigerated
Heating:
Combination, Multiple Heating Units
Heating (Y/N):
Yes
Location
Directions: Located at the corner of Central and Arno, one block east of Broadway. From I-25 S, exit MLK/Central, right on Central, pass Edith, building is between Edith and Arno, metered parking in front.
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Monthly Payment**:
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Listing courtesy of EDO Spaces, LLC
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera
Real Estate Broker in Albuquerque, NM