3848 Rio Grande BLVD NW, Albuquerque, NM 87107
3848 Rio Grande BLVD NW, Albuquerque, NM 87107,Video Tour
3848 Rio Grande BLVD NW, Albuquerque, NM 87107
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Listed by Keller Williams Realty
$600,000
Est. payment /mo
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9,147 Sqft Lot
New

3848 Rio Grande BLVD NW Albuquerque, NM 87107

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Anita Mora

Anita Mora

+1(505) 400-8105

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1112914

HOA Y/N No

Annual Tax Amount $5,831

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions Survey

Property Sub-Type Mixed Use

Property Description

Corner visibility, North Valley appeal and in-place income meet at Rio Grande Boulevard and Griegos Road, near the Rio Grande Shops at Flying Star Plaza. Two buildings with five suites offer investment and future owner-user possibilities. Three suites in 3846 are leased through 2027; two vacant suites in 3848 offer immediate lease-up opportunities. After the applicable lease expires, Suite A in 3846 could serve as a 2-bedroom/1-bath residence with a full kitchen, dining and living room. With modifications to connect Suite B internally, the residence could expand to 3 bedrooms/2 baths with a second living or work space, subject to required approvals. Pursue a five-suite rental investment or plan for future residential occupancy while retaining income. The prominent corner lot offers exposure along two established roads near shopping and dining. MX-M mixed-use zoning supports a range of potential uses, subject to applicable requirements and approvals.

Location

State NM

County Bernalillo

Area 101 - Near North Valley

Interior

Heating Natural Gas

Cooling Ductless, Evaporative Cooling

Fireplace No

Exterior

Parking Features Guest, On Site

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Total Parking Spaces 11

Building

Story 1

Others

Tax ID 101306117719530807

Acceptable Financing Cash, Conventional, FHA, Lease, Lease Option, VA Loan

Listing Terms Cash, Conventional, FHA, Lease, Lease Option, VA Loan

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Southwest MLS (SWMLS IDX Plus)

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Anita Mora

Anita Mora

Broker License ID: 46134

+1(505) 400-8105

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3848 Rio Grande BLVD NW