3031 W Northern Avenue

    Phoenix, AZ 85051
    • $1,450,000
    • STATUS: Active Under Contract
    • ON SITE: 87 days
    • MLS #: 6023186
    Under Contract
    $1,450,000
    • 0
      BEDS
    • 2.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,782
      SQFT
    • $73
      $/SQFT
    Type:
    Commercial
    Built:
    1985
    County:
    Area:

    School Ratings & Info

    Description

    This two-story, redbrick, well designed property is situated on an oversized lot w/ room for an additional 4,000 SF (+/-) building just south of the existing structure. With a new owner and professionalmanagement and leasing, we believe this represents one of the better value-add opportunities in the Valley today. The Owner of this building has been a tenant for approximately 13 years and purchased the property from the previous owner in 2016. He currently occupies approximately half of the building and will consider leasing up to9,000 SF for 3-5 years following the close of escrow. Seller is motivated to sell!Please contact listing broker for more

    Monthly Payment Calculator



    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Nate Martinez Team | RE/MAX Professionals. Data last updated 2020-04-10T00:10:24.383.
    www.natemartinezteam.com/homes/102260320

    3031 W Northern Avenue Phoenix, AZ 85051

    • Price: $1,450,000
    • Status: Active Under Contract
    • MLS #: 6023186
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.11
    Acres
    19,782
    SQFT
    $73
    $/SQFT
    1985
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    This two-story, redbrick, well designed property is situated on an oversized lot w/ room for an additional 4,000 SF (+/-) building just south of the existing structure. With a new owner and professionalmanagement and leasing, we believe this represents one of the better value-add opportunities in the Valley today. The Owner of this building has been a tenant for approximately 13 years and purchased the property from the previous owner in 2016. He currently occupies approximately half of the building and will consider leasing up to9,000 SF for 3-5 years following the close of escrow. Seller is motivated to sell!Please contact listing broker for more
    Exterior Features

    Construction BlockBrick Covered Parking Spaces 48.00 Exterior Features Corner LotDual Street FtgLandscapingMonument Sign Fencing Security Freeway Highway Up To 1 Mile Lot Size Dimensions 130X295x153x558x25 Parking FencedPrivate ParkingPaved Parking Railroad Railroad 1 - 5 Miles Roofing TileComp Shingle Stories 2 Stories Total Parking Spaces 110.00 Uncovered Parking Spaces 62.00

    Interior Features

    Ceiling Height 10.1 Feet To 12 Feet Cooling Office A/C Flooring Carpet Heating Office Heated Interior Features Finished

    Property Features

    Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Office Cross Street 31st Avenue & Northern Avenue Current Use Office Electric Srp Gas None Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 1 Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Taxes 23063.69 UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City Franchise Zoning C-O

    Listing courtesy of Sperry Commercial.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Nate Martinez Team | RE/MAX Professionals. Data last updated 2020-04-10T00:10:24.383.
     
    Nate Martinez Team | RE/MAX Professionals
    7111 W Bell Rd #101
    Glendale AZ, 85308