201 San Mateo NE Blvd Albuquerque, NM 87108-1508

Property Details for 201 San Mateo NE Blvd

Year built

1961

Lot size

0.14 lot acres

Property size

3,084 SF

Property type

Retail space

APN

1-017-057-529-220-4-39-04

APU

101705752922043904

Description

This exceptional 3,045 square foot, Class A retail building is situated on a 0.14-acre lot at the northwest corner of Central and San Mateo Boulevards in Albuquerque, New Mexico, a high-traffic area with 28,000 vehicles passing daily. The fully remodeled standalone building boasts a prominent location with excellent visibility and accessibility, enhanced by a lighted monument sign and ample parking (7 spaces, 2.3 parking ratio). The property is zoned MX-M, permitting live/work use, and offers convenient access to Interstate I-40 (less than two miles). Interior features include a showroom with abundant natural light, an open workspace, a substantial 36' x 22' built-in vault, exposed ceilings with extra insulation, and a modern HVAC cooling system. A newer roof ensures long-term value. The property benefits from its proximity to key developments like PAH, Hiland Plaza, and District 505. The surrounding area demonstrates strong demographics, with a 5-mile radius encompassing a population of 262,888, an average household income of $63,284, and 216,625 daytime employees. This prime Albuquerque location, combined with its versatile layout and modern amenities, presents a compelling investment opportunity for owner-users. The asking price is $485,000.