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Listed price in listed location currency (USD).
$600,000

0011

MLS® 1112914

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $5,832
Days Active 0
Lot Size 0.21 Acres
Approx. Age 
MLS® Number 1112914

Property Address: 3848 Rio Grande Blvd Nw, Albuquerque, NM, 87107-3044

Average square foot calculated using Size range provided by listing agent.

Description

Corner visibility, North Valley appeal and in-place income meet at Rio Grande Boulevard and Griegos Road, near the Rio Grande Shops at Flying Star Plaza. Two buildings with five suites offer investment and future owner-user possibilities. Three suites in 3846 are leased through 2027; two vacant suites in 3848 offer immediate lease-up opportunities. After the applicable lease expires, Suite A in 3846 could serve as a 2-bedroom/1-bath residence with a full kitchen, dining and living room. With modifications to connect Suite B internally, the residence could expand to 3 bedrooms/2 baths with a second living or work space, subject to required approvals. Pursue a five-suite rental investment or plan for future residential occupancy while retaining income. The prominent corner lot offers exposure along two established roads near shopping and dining. MX-M mixed-use zoning supports a range of potential uses, subject to applicable requirements and approvals.
MLS® Number1112914
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayGuest, On Site
Garage Spaces
HeatNatural Gas
A/CDuctless, Evaporative Cooling

Extras

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