Retail/ Showroom/ Warehouse for Sale

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30164606
Property Subtypes: Mixed Use, Other
Building Size (RSF): 38,440 SF
Gross Land Area: 3.81 Acres
Sale Price: $1,500,000
Unit Price: $39.02 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/28/2018

Overview / Comments

Location: 111 Rio Bravo SE
For Sale and For Lease
Cross Streets: Rio Bravo and Prince Street
Signalized intersection Rio Bravo between Broadway and 2nd Street
Property type: Retail and Warehouse
Sale Price: $1,500,000.00
Financing - Possible REC
Price Per SF: $39.02
# of Buildings: 2
Building size: 38,440 SF
Building 1:Retail 22,440 SF
Building 2:Warehouse 16,000 SF
Site - Land size: 3.81 acres, 165,964 SF
Zoning: M-2 Bernalillo County

Excellent Visibility with Rio Bravo frontage
Thoroughfare to the West Side
Freeway access: I-25 and Rio Bravo off ramp
Area description: next door to the New Rio Grande Credit Union

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Taxing Authority: Bernalillo
Tax ID/APN: 248807
Zoning: M-2 - Heavy Manufacturing Zone
Property Located Between: 2nd & Broadway
Property Visibility: Excellent
Highway Access: Access to I-25 at Rio Bravo exit
Site Description: visibility on Rio Bravo
Area Description: Rio Bravo is a major thoroughfare to the west side
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Zoning Description: M-2
Legal Description: MRGCD Map 50 Tract 2A3A1 Cont. 3.81 AC.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,633 44,034 193,839
Median Age: 34.68 33.83 33.21
Households: 463 15,465 74,292
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