501 Lomas Blvd NW - Freestanding FOR SALE


Albuquerque, NM 87102- Duke City Center
$1,300,000 USD
505-350-0112
501 Lomas Blvd NW, Albuquerque, NM for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

501 Lomas Blvd NW
Albuquerque, NM 87102
Duke City Center


HIGHLIGHTS

  • Hard corner lot frontage on Lomas Blvd & 5th downtown. Directly across from Metro & District Court, Dist. Attys, 1 short block from Federal Court.
  • 2000 sq. ft. commercial retail building on .2531 acres with 18 premium parking places, concrete pole ballards surround all four sides of building.
  • Zoned MX-FB approx. 1000 sf showroom with 9' x 7' walk-in vault. Fresh exterior paint, resent parking lot seal coat and striping on parking lot.
  • Excellent location for Law Offices, mere steps from Metro Court, District Court, Federal Court and District Attorney Building. Endless possibilities.
  • Operating as a pawn shop for the past 50+ years. 1/2 mi to Convention Center, 1/2 mi to Historic Route 66, 1.2 mi to Historic Old Town.
  • Traffic Exposure 35,000+ vehicles pass by per day. Would also work well for a dispensary. Walk-in vault, front door roll down security gate.

OVERVIEW

Building and land for sale with temporary lease back to property seller for 4 months to fulfill our pawned commitments.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$607 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Space

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,003 SF

ZONING

MX-FB-UD

APN/PARCEL ID

1-014-058-164150-3-39-05

ASK ABOUT THIS PROPERTY

Kristen JohnstonAlbuquerque Pawn ShopMore Info
505-350-0112

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Kristen JohnstonAlbuquerque Pawn ShopMore Info
505-350-0112

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.