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401 Central Avenue NE

Albuquerque, NM 87102
  • $700,000
  • STATUS: Active
  • ON SITE: 454 Days
  • MLS #: 1029900
UPDATED: 135 min ago
$700,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Upstairs in this 3-story brick building are 10 residential condos. The building has been fully occupied for a decade, and has been managed by EDo Spaces. Current tenants are Nuve Salon (since 2020), 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.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-05-21T16:05:22.38.
www.trtnm.com/homes/137132031
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401 Central Avenue NE Albuquerque, NM 87102

  • Price: $700,000
  • Status: Active
  • On Site: 454 Days
  • Updated: 135 min ago
  • MLS #: 1029900
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Upstairs in this 3-story brick building are 10 residential condos. The building has been fully occupied for a decade, and has been managed by EDo Spaces. Current tenants are Nuve Salon (since 2020), 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.
Exterior Features

Construction Materials Brick Parking Total 0 Stories Total 3

Interior Features

Cooling Heat Pump Refrigerated Item2 Units Cooling YN Yes Heating Multiple Heating Units Combination Heating YN Yes

Property Features

Accessibility Features Wheelchair Access Gross Income 77700 Land Lease YN No Leasable Area 100 Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Other See Remarks Operating Expense 25081 Property Sub Type Mixed Use Tax Annual Amount 5600.08 Utilities Cable Not Available Electricity Connected Natural Gas Not Available Phone Connected Sewer Connected Underground Utilities Water Connected Zoning Description PD*

Southwest MLS] logo Listing courtesy of EDO Spaces, LLC: (505) 247-3935. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-05-21T16:05:22.38.
 
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The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110