$ 700,000
401 Central AVE NE Albuquerque, NM 87102
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Listed by EDO Spaces, LLC
$ 700,000
Est. payment | /mo
$ 700,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1029900
HOA Y/N No
Annual Tax Amount $5,600
Lot Dimensions Public Records
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.
Location
State NM
County Bernalillo
Area 80 - Downtown Area
Interior
Heating Combination, Multiple Heating Units
Cooling Heat Pump, Multi Units, Refrigerated
Fireplace No
Exterior
Utilities Available Cable Not Available, Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Accessibility Wheelchair Access
Building
Story 3
Others
Tax ID 101405742739313008aa
Acceptable Financing Cash, Conventional, Other, See Remarks
Listing Terms Cash, Conventional, Other, See Remarks