1610 San Pedro DrAlbuquerque, NM 87110

For Sale
$289,900

Prime location, two-unit building, high rental potential.

Overview

Added:
Feb 3
Days on market:
38
This exceptional mixed-use property, located at 1610 SAN PEDRO Drive NE in Albuquerque, NM, presents a lucrative investment opportunity. The 2,200 square foot building sits on a 0.22-acre lot and is zoned Mixed Use (MX-L), offering considerable flexibility for a variety of uses. The property comprises two distinct units. Unit A, approximately 1300 square feet, currently functions as office space, featuring three offices, two bathrooms, and a reception area. Its adaptable layout makes it suitable for retail use as well. Unit B, also approximately 1250 square feet, has previously served as a hair salon and pet grooming business, but its versatility allows for use as retail space, office space, or even residential conversion. This unit includes a downstairs bathroom, an upstairs bathroom with a shower, and convenient washer and dryer hookups. Currently, Unit B is occupied under a month-to-month lease agreement. Both units benefit from separate gas and electric utilities, providing efficient management and cost control. The property's prime location and flexible zoning make it an ideal investment for both seasoned and aspiring real estate investors seeking strong rental income and future appreciation potential. The asking price is $289,900.

Property Details for 1610 San Pedro Dr

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,200 SF
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.09318
Longitude
-106.5771
1610 San Pedro Dr, Albuquerque, New Mexico

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1610 San Pedro Dr
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