Address
1417 E WASHINGTON Street, Phoenix, AZ
Price
$ 835,000
Property Attributes
  • MLS#6520291
  • TypeCommercial
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCOLLINS ADDITION PHOENIX BLOCKS 23-26 17 & 27
  • Zip85034
  • StyleComm/Industry Sale
  • Year Built1981
  • Taxes$ 3181
  • Price$ 835,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5361
  • Lot Size0.32 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

This large commercial property contains 2 main buildings plus an additional pre-engineered steel building in an OPPORTUNITY ZONE! There are multiple roll up garage doors, private office space, and back alley access. Situated on just under 1/2 acre lot in Downtown Phoenix, this is perfect for auto sales, auto repair, storage, warehouse and much more! This sale includes Parcel #'s 116-48-007 and 116-48-008 The frontage is Washington Street and is easy access to 1-10, the light rail, Downtown Phoenix with new developments in the vicinity. There are currently two tenants with leases both expiring December 2023. Can negotiate lease extension or would be ideal for owner use or re -development opportunity. DO NOT DISTURB TENANTS.

Price History
2/14/2023 Listed $899,000
3/27/2023 3% - $875,000
10/25/2023 4% - $845,000
1/12/2024 2% - $835,000

General Features

Sewer Public Sewer
Cooling Warehouse Evap,Office A/C
Roof Built-Up,Concrete
Zoning C-3
Construction Materials Frame - Wood,Tilt-Up,Metal Siding,Block
Year Built 1981
Electric APS
Township 1N
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 57600.0
Business Type Wholesale,Warehouse,Office,Mini-Storage,Automobile,Service Business,Mixed Use
County Maricopa
Net Operating Income 42652.0
Operating Expense 3181.0
Property Type Comm/Industry Sale
Attached Garage No
Subdivision Name COLLINS ADDITION PHOENIX BLOCKS 23-26 17 & 27
Status Active
Directions Building fronts E. Washington Street. Stay on left side of road to enter property.
City Phoenix
Buyer Agent Compensation 3.00
View Y/N No
Open Parking Spaces 0.0
Lot Size Square Feet 14000.0
Carport Y/N No
Street Name WASHINGTON
Tax Annual Amount 3181.0
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 371
Structure Type Other (See Remarks),Commercial,Industrial,Office,Manufacturing,Distribution/Warehse
Standard Status Active
Occupancy Description Tenant
Tax Lot 8
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community None

Interior Features

Flooring Concrete
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Parking Features Paved Parking
Water Source City Franchise
Total Parking 0.0
Lot Size Area 14000.0
Number of Buildings 3
Spa No
Lot Dimensions 100'x140'
Lot Size Acres 0.32
Road Surface Type Concrete,Curb(s) & Gutter(s),Sidewalk(s),Alley
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 85034

Price
AVG $920K
$840K
Taxes
AVG $3,625
$3,181
Visits
AVG 205
381
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1981
Walkscore
AVG 77
77
Data Provided by Walkscore® not using MLS data