OWNER FINANCING AUTO WAREHOUSE WITH FF&E INCLUDED
Industrial | 11,448 SqFt
Marketing description
Rare automotive/industrial property now available For Sale at $1,260,000 a highly visible, fully equipped 11,448 SF automotive/industrial facility strategically located on Central Avenue (Historic Route 66) is one of Albuquerque’s primary east west commercial corridors with strong traffic exposure and connectivity across the city.
This turnkey property delivers exceptional flexibility for owner-users, investors, or redevelopment opportunities. The facility features two paint booths, six vehicle lifts, four roll up doors, and robust 3 phase 480 volt power, ideal for automotive, body shop, fabrication, or light industrial uses. Interior improvements include four private offices, two bathrooms, and a storage room, all within a fully insulated building with a roof replaced approximately three years ago and a swamp cooled warehouse.
Two long term month to month tenants currently occupy approximately 5,000 SF of the building, providing supplemental income while preserving flexibility for future use. JC Auto pays $2,000/mo and Valledito pays $700/ mo. Additionally, Owner Financing is offered to qualified buyers, creating an attractive acquisition structure in today’s competitive market.
Investment highlights
KEY HIGHLIGHTS:
» 11,448 SF Automotive / Industrial Facility
» Offered at $1,260,000
» Monument Signage on Central Avenue —
Excellent Visibility
» Owner Financing Offered —
Flexible Purchase Terms
BUILDING & FUNCTIONAL FEATURES:
» 2 Paint Booths
» 6 Vehicle Lifts
» 4 Roll-Up Doors
» 3-Phase 480 Volt Power
» Fully Insulated Interior
» Swamp Cooled Warehouse
» Roof ~ 3 Years Old
» 4 Private Offices
» 2 Restrooms
» 1 Storage Room
INCOME & TENANCY:
- You can keep the tenants or you can owner occupy 100% of the building
- » Approximately 5,000 SF Occupied by Existing Tenants
- » JC Auto — $2,000/Month, Month To Month, Long Term Tenant
- » Valledito — $700 /Month, Month To Mont, Long Term Tenant
- DEMOGRAPHICS (5-MILE RADIUS):
- » Population: ~231,000+
- » Households: ~ 100,000+
- » Median Household Income: $51,000-$55,000
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