$495,000 804 5th Street Nw Albuquerque, NM

MLS: 877617   Type: Land   County: Bernalillo   City: Albuquerque   Area: Downtown Area   Neighborhood: Mandell Business & Residence Addn   Zip: 87102   Style: Commercial,Lot,Office     Taxes: $2,996

Mortgage $2,324 /mo



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804 5th St NW is a 1/4acre lot in prime Downtown location: just off busy Lomas Blvd next to Bernalillo County Metropolitan Courthouse, MVD & Metro Court Parking Garage, always tons of foot & car traffic & plenty of parking for yourself & your clients/tenants. On west side are numerous professional offices & the iconic Slate Street Cafe, a 1/2 block away. 2 buildings sit on the lot, but value is the Downtown location among one of the busiest municipal, commercial & office hubs in the city. Zoning allows HUGE variety of uses w/reasonable restrictions: 8-story residence/office building, multi-story live/work spaces w/retail on ground floor & residences above; another parking garage? Sure! Now w/grocery stores & new development, Downtown is changing beautifully. Become part of the Movement!!

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Price History

10/15/2016 Listed $695,000
2/16/2017 15% - $595,000
8/3/2017 17% - $495,000

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Features Gated, Sidewalk
Finance Considered Cash, Lease Option, Owner Financing
Miscellaneous: HOA No
Options Cal Listing Office
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Total Lots 1.00
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Utilities Electric, Gas, Gas Meter On Proprty, Sewer, Telephone, Water
Zoning SU-3

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Lot n/a
Topography Mostly Level
Water Information City Water

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Property vs Zip Code Avg (87102)

Price 495K Avg 297K

Taxes $2,996 Avg $1,136

Acres 0.25 Avg 0.3

Visits 86 Avg 31

Days on Site 524 Avg 266

Walkscore® 87 Avg 61

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Location & Address

Rich Cederberg
6565 Americas Parkway NE, Suite 200
Albuquerque, NM