Homes by Carolyn Fischman

1424 1ST Street NW, Albuquerque, NM 87102 (MLS# 972905)

1424 1ST Street NW, Albuquerque, NM 87102

$875,000
Property Type: Commercial Sale Square Footage: 25,146 Lot Size (sq. ft.): 24,699 Status: Closed
Current Price: $875,000 List Date: 7/19/2020 Last Modified: 2/22/2021

Overview

Description

Downtown warehouse, on 1st St NW. Wow what a deal!! This bldg is 25416 Sq Ft !! The east side of the building sits adjacent to the rail road tracks.. There is a lot happening in the area as well !! ** This bldg is subject to a 4 year lease that the owner has signed with the tenant. **

Listing Details MLS# 972905

Status Change Info

Pending Date
2020-12-18
Closing Date
2021-02-22

Contract Information

List Price/SqFt
34.8

Location

Street #
1424
Street Name
1ST
St Suffix
Street
Post Direction
NW
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87102
Zip +4
1534
Directions
West on Menaul to 1st Street, South on 1st St to the address.
MLS Area Major
80 - Downtown Area
Zone Atlas
J14
Downtown
Yes

General Property Description

Property Sub-Type
Warehouse(s)
Living Area
25146
SqFt Source
Broker
Acres
0.57
Lot SqFt
24698.52
Apx Lot Dim Front
114
Apx Lot Dim Side
202
Lot Size Source
Plat
Flood Zone
X
Total # Stories
Yes
# Parking Spaces
5
Docks
Yes
# of Docks
Yes
Door Height
14
Disability Access
Unknown
% Occupied
100
Transaction Type
Sale

Income Expenses

Annual Gross Income
60000

Miscellaneous

Land Ownership
Land Owned

More Information

Sales Info

Trade/Xch Considered
No

Tax & Legal Info

UPC Code
101405836136311204
Short Legal Desc
LOTS 1 THRU 4 & LOT 5 EXCEPT SOUTH 1.43'FT BLK 18 PARIS ADD CONT 24714 SQ FT OR 0.567 A M/L
GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
8535

Construction Materials

Block
Yes
Stucco
Yes

Cooling

Evaporative Cooling
Yes
Multi Units
Yes

Heating

2+ Units
Yes
Natural Gas
Yes

Income & Expenses

Annual Oper Expenses
16800
Lease Term/Months
60

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Lease Information

Call List Office
Yes

Docs/Data Available

Aerial Map
Yes
Zone Atlas Maps
Yes

Finance Considered

Cash
Yes
Conventional
Yes
Owner Financing
Yes

Zoning

NR-GM*
Yes

Property Features

Location: Downtown; Downtown Construction Materials: Block; Stucco Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: 2+ Units; Natural Gas Cooling: Evaporative Cooling; Multi Units Lease Information: Call List Office Finance Considered: Cash; Conventional; Owner Financing Zoning: NR-GM*
Listing Office: Lobo Realty Group
Last Updated: February - 22 - 2021
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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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