Are you looking for some sweat equity and a new project?! This prime commercial building is now available for sale, offering unparalleled potential for investors, entrepreneurs, and businesses alike. With 3,964 square feet of versatile space, the building offers ample room for various business operations. Don't miss out on this rare opportunity to own a premium commercial building in a great location. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to make your mark, this property offers the perfect canvas for your ambitions.
Former Microsoft Headquarters! Step into history with this iconic mixed-use commercial warehouse, once the birthplace of Microsoft by Bill Gates. Offering 2 bathrooms and 2404 SF of space, this property is rich with potential for entrepreneurs and innovators alike. Unlock the doors to innovation with this spacious warehouse, featuring a convenient roll-up door (for easy access for deliveries or large equipment) and ample square footage. Whether you're seeking a hub for technology, creative ventures, or entrepreneurial endeavors, this property provides a canvas for your vision to flourish. Situated in a central area, this property offers more than just historical significance. It provides easy access to i25/i40, transportation, and downtown, making it a strategic choice to thrive!
WOW!! Incredible opportunity! Home of original Acapulco Tacos and Burritos!!! Yum!Well established restaurant location for more than 40 years! Calling all entrepreneurs, Own your own restaurant! Do not disturb or approach employees, appointment necessary.
Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.
Corner lot duplex - Featuring 2 bedroom and 1 bathroom units. Unit A has an attached one car garage and has been remodeled boasting modern finishes. The property's layout and features, make it an attractive option for an owner-occupants seeking rental income. Don't miss this opportunity to own a turnkey property with potential for increased value and rents.
Beautiful triplex, all 3 apartments have two large bedrooms and 1 bath. Hardwood floors and stackable washer and dryers. Each unit has a detached storage unit and walled front yard areas. All 3 apartments are rented so please write an offer subject to inspections and walk through. Please do not walk the property nor disturb tenants.
Frontage on San Mateo that has 28,000 VPD NW corner of Central & San Mateo Seven parking spots Existing lighted monument sign Existing 36'x22' vault Existing showroom Zoned MX-M Newer roof with 50-year warranty Near PAH, Hiland Plaza & District 505 developments201 San Mateo Blvd NE is an exceptional property that seamlessly blends strategic location with versatile features. Nestled on the vibrant frontage of San Mateo, this property boasts a prime position with an impressive 28,000 vehicles passing daily, ensuring unparalleled visibility for any business venture. Positioned at the distinguished northwest corner of Central and San Mateo, it holds a coveted status as a crossroads, two colossal bloodlines for the City of Albuquerque, symbolizing
Do not disturb tenant. This is an investment offering.
Do not miss out on this rare value add opportunity to buy a renovated property with rents 29% below market and a below market interest rate loan with appraisal at $930,000 as-is today, and renovated, raised rents appraisal of $1,070,000). Rents have increased 6% this year and are scheduled to increase from $783 to $906 by November 1st, 2024.Measures of investment performance with an average rent of $783 and an ask price of $930,000 include $77,500 per unit , $122.47/sf, 6.91% cap rate, and an after tax IRR of 10.8%.This 12 unit community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appre
Great commercial vacant land with Central frontage. Property has 5 lots, .37 ac. It used to have a restaurant. Zoning is MX-M and has lots of possibilities to offer including restaurant, bar, gym, mobile food truck court, cannabis retail, light vehicle: repair, sales and rental, personal and business services, Bakery, general retail, grocery store, dwelling: live-work, multi-family, town house, just to mentioned a few possibilities. Call for complete list of allowable uses.
A hidden gem & one-of-a-kind property in Albuquerque's desirable Ridgecrest area.A true palace set on a generous lot with mountain views, lush yard with a flowing waterfall pond and mature trees. This home is awash in luxury and opulence. Starting with a grand entryway, terrazzo floors and hand painted 14K gold accents. The living room is expansive, with raised-panel Honduras mahogany built-ins and a fireplace. The formal dining room is equally impressive, with a striking chandelier and designer fabric wall coverings. The kitchen is a chef's dream, with loads of mahogany, finished maple cabinets, shimmering countertops, brand new SS appliances and a breakfast nook with beveled glass windows to show the views. The primary suite is fit for a king or queen.
Zia at Nob-Hill's current ownership is on a runway towards achieving a 8.15% cap rate with individual unit renovations and higher rents.The owner has done all of the non-sexy capital items including upgrading landscaping (2019), improved the parking lot (2020), installed new gas-lines (2019), a new roof (2019) and a security gate for parking. As units turn-over, the owner has developed a unit upgrade plan allowing them to capture higher rents. This combination makes the property a value add with the potential to renovate units and raise rents to a level closer to the neighboring property creating a potential cap rate of a 8.15%.Property amenities included high speed internet and laundry care facilities. This is a core asset with stabilized cash flows that could also be
Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have increased 13.7% in the last year.If rents are raised to the market of $1,075, the measures of investment performance improve to a cap rate of 7.37%.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.
DO NOT DISTURB TENANTS.Shown by appointment ONLY and will only be shown with accepted deal.8.00% CAP RATE ON NOI. See broker for financial information.Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors.Landscaping, paving, and gravel driveway is all new.The units have kitchen remodels including countertops, cabinets, backsplashes, stainless appliances. Apt 1 received a full interior renovation.Apt 2 received a kitchen & living renovation. Apt 3: kitchen renovation, flooring, The 3 bed Home received updates throughout including a kitchen renovation and 3 new refrigerated air units and has a private walled yard area.
The median home value in Albuquerque, NM is $196,800. This is higher than the county median home value of $195,500. The national median home value is $219,700. The average price of homes sold in Albuquerque, NM is $196,800. Approximately 54.3% of Albuquerque homes are owned, compared to 36.55% rented, while 9.16% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico 87108 has a population of 556,718. Albuquerque 87108 is more family-centric than the surrounding county with 28.4% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Albuquerque, New Mexico 87108 is $49,878. The median household income for the surrounding county is $50,386 compared to the national median of $57,652. The median age of people living in Albuquerque 87108 is 36.2 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 12.5 inches per year, with 14.2 inches of snow per year.