1511 Central Avenue NE Albuquerque, NM ^$ 875,000

1511 Central Avenue NE

^$ 875,000

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1511 Central Avenue NE

Albuquerque, NM, 87106

^$ 875,000

Studio Baths0.0

Monthly Estimate*

^$ 6,112

1511 Central Avenue NE, Albuquerque, NM 87106 - Image 1

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1511 Central Avenue NE, Albuquerque, NM 87106 - Image 9

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1511 Central Avenue NE, Albuquerque, NM 87106 - Image 12

Studio

Commercial Property for sale in Albuquerque, NM

for $875,000. The lot size is 0.62.

Introducing a remarkable commercial property with a versatile mixed-use building spanning an expansive 15,500 square feet. This exceptional space offers an array of possibilities for entrepreneurs, businesses, and investors seeking a prime location to establish their ventures. Located in a thriving commercial district, this property boasts a prominent street frontage that ensures high visibility and easy access for both foot and vehicular traffic. Its strategic positioning attracts a steady stream of potential customers and clients, making it an ideal choice for office, multi-family, dorm style living, medical, school or a combination of any.

Commercial Active

Price

^$ 875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,642

Style

MixedUse

Lot Size

0.62

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1037044

Features

General

Heating MultipleHeatingUnits

Cooling MultiUnits

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Construction Materials Block Frame Stucco

Property SubType MixedUse

Gross Income 0.0

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 the intersection of Central and University head west on Central. The property is on the North-West Corner of Central and Ash.

City Albuquerque

Buyer Agent Compensation 3%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description MX-M*

MLS Area 40 - UNM

Lot Size Square Feet 27007.2

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Central

Listing Terms Cash Conventional OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 8642.84

Home Warranty Y/N N

Ok to Lease Item12Months

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 295

Lease Type SeeAgent

Standard Status Active

Legal Description N/A

Exterior

Parking Features OnSite

Total Parking 31.0

Spa N

Lot Size Acres 0.62

Lot Size Source Estimated

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

* Excluded Features

List By

Angelo Mora

Listing Agent

Caruso Realty, Llc

Broker

angelo@keywayproperties.net

Affordability Calculator

$6,832

Per Month

Monthly Principal & Interest: $6,112
Monthly Property Taxes: $720
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Albuquerque, NM

Average List Price ^$795,026

Percent of Sale Price 9%

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
4/18/2024	$875,000	-20.45%	Price Down
6/28/2023	$1,100,000		Listed Price

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1511 Central Avenue NE, Albuquerque, NM, 87106 is a Commercial Property for sale at $875,000 with a lot size of 0.62. 1511 Central Avenue NE is a studio with 0.0 baths. The property's zip code is 87106 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 4/30/2024.

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1511 Central Avenue NE

Commercial Property for sale in Albuquerque, NM

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