3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107
3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107,Video Tour
3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107
3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107
3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107
3846-3848 Rio Grande BLVD NW, Albuquerque, NM 87107
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Mark Rickert

Mark Rickert

+1(505) 616-4663
$ 600,000
Est. payment | /mo

9,147 Sqft Lot

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$ 600,000
Est. payment | /mo
Save Virtual Tour Video Tour

9,147 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 202604537

HOA Y/N No

Year Built 1961

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Retail

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

Interior

Flooring Tile, Vinyl

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Utilities Available Electricity Available

Water Access Desc Public

Present Use Retail

Total Parking Spaces 11

Private Pool No

Building

Foundation Basement

Sewer Public Sewer

Water Public

Others

Tax ID 101306117719530807

Acceptable Financing Cash, Conventional, New Loan

Listing Terms Cash, Conventional, New Loan

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=jEBGBUj8ZpA

Santa Fe MLS (SFARMLS)
Listed by Lisa Godin • Keller Williams Realty

Nearby Locations

Mark Rickert

"My job is to provide you with concierge level service and to provide you with incredible service with exceptional results!" 

+1(505) 616-4663

mark@rickertpg.com

150 Washington Ave, Santa Fe, NM 87501, USA

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3846-3848 Rio Grande BLVD NW