9720 Candelaria RdAlbuquerque, NM 87112

For Sale
$795,000

Albuquerque retail building, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This well-maintained Albuquerque retail property, located at 9720 Candelaria Rd NE, offers a compelling investment or owner-user opportunity. The 5,807 square foot building sits on a 15,682 square foot lot and is zoned MX-L. Currently configured as seven individual suites ranging from 680 to 1200 square feet, the space is ideal for a variety of uses, including office and small retail. Five of the seven suites are on month-to-month leases, presenting a significant opportunity for an owner-user to occupy a substantial portion of the building. The remaining two tenants have approximately one year left on their leases. The asking price is $795,000, translating to $137 per square foot. The property benefits from thirteen years of diligent on-site ownership, ensuring consistent maintenance and preservation of value. Suites can be combined to accommodate larger tenants or a single user. This property presents a rare blend of immediate income potential and long-term growth prospects in a desirable Albuquerque location. The property is located in Bernalillo County, New Mexico, zip code 87112.

Highlights

  • Owner-user opportunity with potential rental income.
  • Flexible suite layouts allow for combination.
  • Property is in excellent condition.
  • Seven individual suites, 680-1200 square feet each.

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1156879
Longitude
-106.5317538
9720 Candelaria Rd, Albuquerque, New Mexico

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9720 Candelaria Rd
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