1120 Pennsylvania St Albuquerque, NM 87110
- Office buildings
- 16,656 SF
- 1.00 lot acres
Current Use by Public Records
- Apex Insurance Agency / Insurance Agency
- Companion Care / Home Health Care Service
- Consumer Direct Care Network New Mexico / Home Health Care Service
Property Details for 1120 Pennsylvania St
- Year built
- 1986
- Lot size
- 1.00 lot acres
- Property size
- 16,656 SF
- Property type
- Office buildings
- APN
- 1-019-058-290-108-4-08-19
- APU
- 101905829010840819
Description
This exceptional two-story, 15,655 square foot Class B office building presents a compelling investment opportunity in Albuquerque's Northeast Heights. Situated on a one-acre lot at 1120 Pennsylvania St NE, 87110, this stand-alone property boasts convenient access to I-40 and Uptown. Built in 1988 and extensively renovated in 2018, the building features a new roof (2022), updated restrooms and flooring, fresh paint, and abundant natural light from windows throughout. The efficient HVAC system includes a new rooftop chiller (2018) and new pumps (2022, 2023), along with lighting upgrades for energy efficiency. The property includes a building security system, elevator access to the second floor, and ample parking (3.5 spaces per 1,000 sq ft). Currently housing two tenants, this multi-tenant property offers immediate income potential. Zoned MX-T, this property is perfect for an owner-user seeking income-generating potential. High-speed internet access is available via Lumen fiber and Comcast. The asking price is $2,500,000. Bernalillo County APN: 101905829010840819.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.559
- Latitude
- 35.0903
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
