500 Mountain Road NE, Albuquerque, NM 87102

$289,900

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List Price
$289,900
Status
ACTIVE
Days on Market
444
Price Change
▼ $10,000 1762389902
MLS#
1084237
Subtype
Land
Lot Size
24,367
Acres
0.56
Subdivision
Santa Barbara - Martinez Town
Neighborhood
Santa Barbara - Martinez Town
MLS Area Major
Downtown Area

Property Description

**REDUCED PRICE** Attention investors, this is a great corner location for your development. Located at the intersection of Mountain Rd and Edith Blvd, for high visibility. This property is zoned MX-M, see docs for the many uses. The vacant 2,400 s.f. building was originally used as a commercial space downstairs with a residential apartment upstairs (live/work). Since it's glory days the building has been tagged ''Substandard'' by the COA, so would need extensive repairs to function again. Best to have it demolished and start fresh on a nice piece of land, that is near downtown, the Interstate as well as many businesses and residential properties. Access points from both Edith and Mountain Roads, utilities are on site and/or nearby. Building conveys ''as-is''.

Additional Information

Taxes
$3,701
Zoning
MX-M*
Parking Features
Parking Pad
Elementary School
Longfellow
Middle School
Jefferson
High School
Albuquerque

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Calculator source: Real Geeks

Listing courtesy of Sally Ann Sacco from Coldwell Banker Legacy

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.