516 Chama St NE - Office FOR SALE


Albuquerque, NM 87108- La Mesa
$300,000 USD
505-604-0599
516 Chama St NE, Albuquerque, NM for Sale
$300,000 USD
Office - FOR SALE
1/39
null | Request Cap Rate

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516 Chama St NE
Albuquerque, NM 87108
La Mesa


OVERVIEW

The property at 516 Chama St NE, Albuquerque, NM 87108, is a commercial building with a total area of 2,072 square feet. It's situated in a Mixed-Use Transition (MX-T) zone, allowing for various uses such as live-work spaces, offices, small-scale retail, and more. The building has been updated and offers potential for multiple applications. Lease rate is $12/SF plus NNN. The roof is a TPO roof replaced in 2019. The interior Fixtures, TV's and Extensive security system are available to purchase separately. This has been a church and a dispensary most recently. The building would allow another dispensary and the owners will consider a Lease, Lease with a purchase option or an REC.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Day Care Center, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

(MX-T)

APN/PARCEL ID

1-019-057-078422-2-20-16

ASK ABOUT THIS PROPERTY

Kimberly LantzRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

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Kimberly LantzRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

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