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Listed by Berkshire Hathaway NM Prop
$ 899,999
Est. payment | /mo
0.33 Acres Lot
$ 899,999
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1109932
HOA Y/N No
Annual Tax Amount $4,968
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions Public Records
Property Sub-Type Office
Property Description
Turnkey professional office on Albuquerque's West Side -- occupied, income-producing, and built of split-face masonry on a corridor the city cannot replicate. Single story, 2,908 square feet on a third of an acre, with 16 parking spaces on a poured concrete lot. Seven private offices, a conference room glazed to the lobby and corridor, a reception lobby with built-in counter, an open bullpen with in-floor power and data, a full kitchen, a dedicated copy and file room, two signed accessible restrooms, and a private walled courtyard with mature shade trees. LED retrofit, structured cabling, hardwired alarm, card-reader entry, hydronic boiler. Utilities connected. Flood Zone X. Leased to a practicing law firm at $3,756 a month on a Month to Month basis-- it pays while a buyer transitions. Roughly 14,000 vehicles a day pass the frontage on a road feeding one of the metro's few Rio Grande crossings. Within two miles: $115,760 average household income, 41% with a bachelor's degree or higher, and 738 businesses employing 5,900 people. Zoned MX-T -- office, medical and dental, bank, retail, day care, hotel, live-work and multi-family all by right, with no lot-size, coverage, FAR or density limit. This location also played as Kim and Jimmy's law office in Better Call Saul.Size & Parking2,908.40 SF single-story building on 0.331 acres / 14,418 SF (as-built BOMA measurement, 01/15/2021)16 surface parking spaces -- 5.5 per 1,000 SF, on a poured concrete lot, not asphalt~55 ft frontage within a 106-ft right-of-way; ingress/egress from the south property lineIncome In PlaceLeased to a practicing law firm at $3,756/month $15.50/SF/yearTenant pays utilities, water, sewer, refuse, janitorial, landscaping and HVAC maintenance; tax and insurance increases pass through -- landlord carries structure, roof, parking lot and major mechanical onlyThe BuildingSeven private perimeter offices with exterior windows and tile sillsConference room with full-height glass partitions to both the lobby and the corridor, plus its own door to the courtyardReception lobby with built-in maple transaction counter and pass-through windowOpen bullpen with in-floor power/data box -- supports open-plan workstationsFull kitchen/break room plus a dedicated copy, work and file room with its own built-in cabinetryTwo restrooms, both signed with the International Symbol of Accessibility and fitted with ADA lever hardwarePrivate walled courtyard -- concrete patio, xeriscape, mature shade trees, seating, direct storefront accessTerracotta tile with matching cove base throughout office and common areas; LED lighting retrofit; fresh two-tone paintConstruction & SystemsSplit-face CMU masonry construction -- terracotta with gray-tan accent banding; flat roof with parapet and copingLarge decorative glass-block wall -- the building's signature architectural featureDedicated mechanical room: gas-fired hydronic boiler, A.O. Smith gas water heater (seismically strapped, drip pan, expansion tank), two electrical panels with posted scheduleStructured Cat5e/Cat6 network cabling, hardwired burglar alarm, card-reader entry, exterior wall-pack security lightingWater, sewer, natural gas and electricity connected and in service; ducted forced-air HVAC with zoned thermostat controlFEMA Flood Zone X -- outside the Special Flood Hazard Area (Map 35001C0114H)Zoning -- MX-T Zoned MX-T -- office, medical or dental clinic, bank, personal and business services, small retail, art gallery, health club, day care, vocational school, assisted living, hotel, live-work, townhouse and multi-family all permissive by rightNo minimum lot size no lot-coverage cap no floor-area ratio no density ceiling. Setbacks 5 ft front, 0 ft interior side, 5 ft street side, 15 ft rear; 30 ft base heightTraffic & Location13,978 VPD at the nearest 2026 count to the frontage (0.04 mi); 12,545-15,292 VPD within 0.2 miles
Location
State NM
County Bernalillo
Area 110 - Northwest Heights
Interior
Heating Natural Gas
Cooling Refrigerated
Fireplace No
Exterior
Parking Features On Site
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 16
Building
Story 1
Others
Tax ID 101006243627910203
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Nearby Locations
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