1520 Lomas Boulevard NW Albuquerque, NM ^$ 760,000

1520 Lomas Boulevard NW

^$ 760,000

Back to search

1520 Lomas Boulevard NW

Albuquerque, NM, 87104

^$ 760,000

Studio Baths0.0 Sq 2,890

Monthly Estimate*

^$ 5,309

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 1

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 2

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 3

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 4

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 5

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 6

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 7

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 8

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 9

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 10

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 11

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 12

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 13

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 14

Studio

Commercial Property for sale in Albuquerque, NM

for $760,000. This 2,890 square foot building was built on a lot size of 0.25.

Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.

Commercial Active

Price

^$ 760,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,074

Style

Lot Size

0.25

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1033112

Features

General

Heating NaturalGas

Cooling EvaporativeCooling

Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected

Security Features SecuritySystem

Construction Materials Block Frame Stucco

Electric Item220Volts

Property SubType Other

Gross Income 0.0

Accessibility WheelchairAccess

County Bernalillo

Operating Expense 0.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions From I-25 and Lomas go west on Lomas. When you pass 15th St the property will be on the South side of Lomas.

City Albuquerque

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description MX-L*

MLS Area 80 - Downtown Area

Lot Size Square Feet 10890.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lomas

Listing Terms Cash Conventional Lease LeaseOption

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 4074.6

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 0.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 67

Lease Type None

Standard Status Active

Property Sub Type Additional Other

Exterior

Parking Features Guest OffSite OnSite

Total Parking 20.0

Spa N

Building Area Total 2890.0

Lot Size Acres 0.25

Road Surface Type Paved

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Boulevard

Electric On Property Y/N Y

* Excluded Features

List By

Kyle Hensley

Listing Agent

Exp Realty Llc

Broker

kyle.hensley@exprealty.com

Affordability Calculator

$5,648

Per Month

Monthly Principal & Interest: $5,309
Monthly Property Taxes: $340
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Albuquerque, NM

Average List Price ^$817,607

Percent of Sale Price 8%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$760,000		Listed Price

Map

More homes like this one

homes for you

See all

1520 Lomas Boulevard NW, Albuquerque, NM, 87104 is a Commercial Property for sale at $760,000 with 2,890 sqft and a lot size of 0.25. 1520 Lomas Boulevard NW is a studio with 0.0 baths. The property's zip code is 87104 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/18/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1520 Lomas Boulevard NW

Commercial Property for sale in Albuquerque, NM

Affordability Calculator

Map

More homes like this one

Get more info about this home