516 Chama St NE - Office FOR SALE


Albuquerque, NM 87108- La Mesa
$300,000 USD
505-604-0599
516 Chama St NE, Albuquerque, NM for Sale
$300,000 USD
Office - FOR SALE
1/40
null | Request Cap Rate

516 Chama St NE
Albuquerque, NM 87108
La Mesa


HIGHLIGHTS

  • The surrounding area, known as the La Mesa neighborhood, is a diverse community featuring a mix of residential and commercial properties.
  • Nearby amenities include schools like Mark Twain Elementary, Hayes Middle School, and Highland High School.

OVERVIEW

The property at 516 Chama St NE, Albuquerque, NM 87108, is a commercial building with a total area of 2072 square feet. It's situated in a Mixed-Use Transition (MX-T) zone, allowing for various uses such as live-work spaces, offices, small-scale retail, and more. The building has been updated and offers potential for multiple applications. The surrounding area, known as the La Mesa neighborhood, is a diverse community featuring a mix of residential and commercial properties. Nearby amenities include schools like Mark Twain Elementary, Hayes Middle School, and Highland High School. The neighborhood offers convenient access to various services and is approximately five miles from Downtown Albuquerque. Additionally, the property has been associated with the Church of God New Mexico, indicating its suitability for institutional uses. Given its zoning and location, 516 Chama St NE presents opportunities for various uses, including live-work arrangements, office space, or small-scale retail operations.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

(MX-T)

APN/PARCEL ID

1-019-057-078422-2-20-16

ASK ABOUT THIS PROPERTY

Kimberly BoucherRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

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Kimberly BoucherRE/MAX Alliance Realtors, CommercialMore Info
505-604-0599

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.