400 Romero Street NW, Albuquerque, NM 87104

$895,000
Property Type: Commercial Sale Square Footage: 6,841 Lot Size (sq. ft.): 10,759 Status: Closed
Current Price: $895,000 List Date: 1/26/2021 Last Modified: 9/19/2023

Overview

Description

Historical Old Town Plaza Location! A rare opportunity to purchase the Christmas Shop commerical building as well as a private residence within the compound. So many possibilities & options to lease out space. The Christmas Shop is two stories with an elevator. A separate stairway from the plaza to the upstairs is perfect for a eating establishment w/ patio dining. Also, an easy conversion to have a residence upstairs. First time offering, & so many options to consider. A must for an investor to consider.

Listing Details MLS# 984551

Status Change Info

Pending Date
2021-06-16
Closing Date
2021-08-24

Contract Information

List Price/SqFt
130.84

Location

Street #
400
Street Name
Romero
St Suffix
Street
Post Direction
NW
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87104
Zip +4
1422
Directions
From Rio Grande and Mountain, proceed South into Old Town on Romero Street. The Christmas Shop is located on the corner of Romero and Church Street, just North of the historic San Felipe De Neri Church.
MLS Area Major
80 – Downtown Area
Zone Atlas
J13
Corner Lot
Yes
Downtown
Yes
Shopping Center
Yes

General Property Description

Property Sub-Type
Building
Living Area
6840.62
SqFt Source
Professional
Acres
0.25
Lot SqFt
10759
Apx Lot Dim Front
75.41
Apx Lot Dim Side
188.14
Lot Description
level
Lot Size Source
Survey
Flood Zone
X
Total # Stories
2
# Parking Spaces
2
Docks
No
Door Height
8
Disability Access
Yes
HVAC
Yes
% Occupied
60
Transaction Type
Other – See Remarks
# of Docks
0

Miscellaneous

Land Ownership
Land Owned

Sales Info

Seller Assist Ofrd
No
Trade/Xch Considered
No

More Information

Tax & Legal Info

UPC Code
101305813136021601, 101305813336821625
Short Legal Desc
lengthy
GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
10809.14

Construction Materials

Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes
Heat/Cooling Combination
Yes

Heating

2+ Units
Yes
Heat/Cool Combo (G)
Yes
Natural Gas
Yes
Wall Unit
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Income & Expenses

Annual Oper Expenses
0
Lease Term/Months
month

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Features

Elevator
Yes
Public Resrooms
Yes
Security System
Yes
Storage
Yes

Property Access

S Property Line
Yes

Lease Information

Call List Office
Yes
Other – See Remarks
Yes

Parking

On Site
Yes
Street Parking Only
Yes

Docs/Data Available

Deed
Yes
Disclosure Statement
Yes
Plat Map
Yes
Survey
Yes
Title Policy
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Zoning

MX-T*
Yes

Property Features

Location: Corner Lot; Downtown; Shopping Center; Corner Lot; Downtown; Shopping Center Construction Materials: Frame; Stucco Property Access: S Property Line Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: 2+ Units; Heat/Cool Combo (G); Natural Gas; Wall Unit Cooling: Central Air; Heat/Cooling Combination Tenant Pays: Electric; Gas Features: Elevator; Public Resrooms; Security System; Storage Lease Information: Call List Office; Other – See Remarks Parking: On Site; Street Parking Only Finance Considered: Cash; Conventional Zoning: MX-T*
Listing Office: Coldwell Banker Legacy
Last Updated: September – 19 – 2023
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