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3031 W NORTHERN Avenue Phoenix, AZ 85051
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Key Details
Sold Price $1,450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6023186
Sold Date 04/20/20
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $23,063
Tax Year 2019
Lot Size 2.110 Acres
Acres 2.11
Lot Dimensions 130x295x153x558x25
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 professional
management 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 to
9,000 SF for 3-5 years following the close of escrow. Seller is motivated to sell!
Please contact listing broker for more
Location
State AZ
County Maricopa
Zoning C-O
Direction Located 1 mile west of I-17 & 2 miles SW of Metro Center, this 19,782 SF (+/-) building is on the SEC of 31st Ave. & Northern Ave., +/- 8 miles from Downtown Phoenix, with 50,000 (+/-) VPD passing by.
Interior
Cooling Office A/C
Exterior
Parking Features Fenced, Paved Parking, Private Parking
Fence Security
Roof Type See Remarks, Composition, Tile
Present Use Office
Total Parking Spaces 110
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 151-02-011-F
Financing Other
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Bought with Sperry Commercial