119 San Pasquale Avenue SW, Albuquerque, NM 87104

$960,000

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List Price
$960,000
Status
ACTIVE
Days on Market
517
Price Change
▼ $60,000 1783376196
MLS#
1080387
Subtype
Commercial Sale
Lot Size
20,038
Acres
0.46
MLS Area Major
Downtown Area

Property Description

Discover an exceptional investment opportunity with a 8.3% Cap Rate at 119 San Pasquale Ave SW, Albuquerque, NM 87104. This versatile mixed-use property, ideally situated near downtown and historic Old Town, offers a dynamic blend of restaurant, bar, and a health store (NOT Cannabis).Boasting approximately 5,000 square feet, the property is thoughtfully divided into three distinct suites: a 3,000 square foot restaurant/bar space and a 2,000 square foot retail space. Each suite is self-contained with its own restroom, providing flexibility for individual tenants or cohesive business operations. Both suites are occupied with recent leases.

Additional Information

Taxes
$4,936
Zoning
MX-M*
Heating
Electric, Multiple Heating Units, Natural Gas
Air Conditioning
Refrigerated
Exterior Construction
Block

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Calculator source: Real Geeks

Listing courtesy of Jimmie D Norris from EXP Realty LLC

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.