4325 N 7TH Street

    Phoenix, AZ 85014
    • $750,000
    • STATUS: Active
    • ON SITE: 346 days
    • MLS #: 5734786
    $750,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,069
      SQFT
    • $702
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    HUGE PRICE REDUCTION!! Great opportunity for C3 Zoned 7th Street site. This investment property is located in the heart of Central Phoenix right along the extremely popular major arterial of 7th Street. The 7th Street Corridor (both in Midtown and Uptown) has become one of the most popular areas for redevelopment and adaptive reuse projects. This property offers an investor a variety of options, both as an end-user, or as an adaptive reuse project. With its mid-century architecture, this building provides the opportunity to do a variety ofconcepts in one of the hottest submarkets in the state. The building itself has great visibility along 7th Street with 33,216 cars per day at this location. The demographics of the dense surrounding area are very attractive for any future potential usWith tons of residential and commercial uses in the area as well as with its location on a major thoroughfare used for commuters both to and from school and work each day, this property is very attractive for many types of uses and investors. The building itself is currently 1,068 square feet on 8,400 square feet of C-3 zoned land. C-3 zoning allows for almost any type of commercial use and gives a user or investor great flexibility when it comes to potential uses. The building was built in 1957 and the mid-century architecture that it displays is becoming more and more popular today. It has recently undergone a complete renovation with virtually every surface being redone. It has a security fence and would serve well as a car sales lot. It is also a great building for a cool, hip, adaptive reuse project. It is located in the heart of Central Phoenix with many top quality residential, commercial, and retail developments in the area. There are very few "bite-sized" investment opportunities in this submarket and this property offers a small investor a unique opportunity to buy something in the center of town with attractive architecture, great visibility, and zoning flexibility to allow for a myriad of different potential uses.

    Monthly Payment Calculator

    © 2019 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 Riddle Realty. Data last updated 2019-02-19T00:16:17.083.
    www.cavecreekareahomes.com/homes/81443936

    4325 N 7TH Street Phoenix, AZ 85014

    • Price: $750,000
    • Status: Active
    • MLS #: 5734786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,069
    SQFT
    $702
    $/SQFT
    1957
    Built
    Neighborhood:
    Carolyn Place Lot 10-45
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    HUGE PRICE REDUCTION!! Great opportunity for C3 Zoned 7th Street site. This investment property is located in the heart of Central Phoenix right along the extremely popular major arterial of 7th Street. The 7th Street Corridor (both in Midtown and Uptown) has become one of the most popular areas for redevelopment and adaptive reuse projects. This property offers an investor a variety of options, both as an end-user, or as an adaptive reuse project. With its mid-century architecture, this building provides the opportunity to do a variety ofconcepts in one of the hottest submarkets in the state. The building itself has great visibility along 7th Street with 33,216 cars per day at this location. The demographics of the dense surrounding area are very attractive for any future potential usWith tons of residential and commercial uses in the area as well as with its location on a major thoroughfare used for commuters both to and from school and work each day, this property is very attractive for many types of uses and investors. The building itself is currently 1,068 square feet on 8,400 square feet of C-3 zoned land. C-3 zoning allows for almost any type of commercial use and gives a user or investor great flexibility when it comes to potential uses. The building was built in 1957 and the mid-century architecture that it displays is becoming more and more popular today. It has recently undergone a complete renovation with virtually every surface being redone. It has a security fence and would serve well as a car sales lot. It is also a great building for a cool, hip, adaptive reuse project. It is located in the heart of Central Phoenix with many top quality residential, commercial, and retail developments in the area. There are very few "bite-sized" investment opportunities in this submarket and this property offers a small investor a unique opportunity to buy something in the center of town with attractive architecture, great visibility, and zoning flexibility to allow for a myriad of different potential uses.
    Exterior Features

    Construction BlockOther (See Remarks) Covered Parking Spaces 0.00 Exterior Features Corner LotMonument Sign Fencing Chain LinkOther (See Remarks) Freeway Highway 1.1 - 2 Miles Parking FencedPaved ParkingFree Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 35.00 Uncovered Parking Spaces 35.00

    Interior Features

    Ceiling Height 8 Feet Or Less Cooling Other (See Remarks) Flooring Other (See Remarks) Heating Other (See Remarks) Interior Features Other (See Remarks)

    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 CommercialOther (See Remarks) Cross Street 7th Street & Camelback Rd Current Use AutomobileOther (See Remarks)Retail Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 31 Net Operating Income 0.00 Operating Exp 4493.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 4493.00 Traffic Count 25001 To 35000 Use Restrictions Other (See Remarks) Vacancy Allowance 0.00 Water City Franchise Zoning C3

    Listing courtesy of Abi Multifamily.
    © 2019 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 Riddle Realty. Data last updated 2019-02-19T00:16:17.083.
     
    Riddle Realty
    4524 E. Rancho Laredo Dr.
    Cave Creek AZ, 85331