Downtown/Old Town Investment Opportunity

For Sale

 

Location Map
  • Brokers:
    Name
    Rita Cordova
    Email
    rita@go-absolute.net
    Phone
    505-489-8538
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 1412 Lomas Blvd. NW, Albuquerque, NM 87104
  • Property Status: Active
  • Sale Pricing: $520,000 ($100/SF)
  • Property Information:
    Cap Rate
    6.24
    Size
    5,200 SF
    MX-L
    Property Description:

    Absolute Investment Realty has been selected as the exclusive representative of the owner of 1412 Lomas Blvd SW. This property is a fantastic +/-5,200 SF multi-tenant office building on 0.25 acres and is an ideal owner-user and/or investment opportunity. The property can be purchased with current tenants in place, or can be owner occupied. The Building features includes 11 offices, 4 bathrooms, break room, conference room, 2 open work areas, a balcony and courtyard. The Property is conveniently located between Old Town and Down Town making it ideal for an attorney’s office. The trade area is one of Albuquerque’s densest trade areas with approximately 253,000 people living within a 5 mile radius which makes it an ideal attorney office. The property has excellent visibility and is one of. Access to the property is convenient with easy ingress and egress to Lomas Avenue. The property has an ample 20 parking stalls. Zoning is MX-L, Mixed-Use, Low Intensity which allows for a wide variety of commercial uses.

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