635 W Glenrosa Avenue

    Phoenix, AZ 85013
    • $1,300,000
    • STATUS: Active
    • ON SITE: 1078 days
    • MLS #: 5407905
    UPDATED: 53 min ago
    $1,300,000
    • 0
      BEDS
    • 0.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,265
      SQFT
    • $106
      $/SQFT
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    Unique Investment Opportunity! This .54 acres (23,558 sf) property can be (a) an investment; (b) a an assemblage, or (c) an owner/user; Property manage 29 bays, 9 storage spaces, 6 auto lifts and 1 paint booth; 12,264 sf under roof; traffic count 27,123 cars/day; CAP RATE 7.2%; Rental Prices can be increased; Melrose District; C-3 Zoning is grandfathered in; otherwise: C-2 Zoning; 7th Avenue & Glenrosa upgraded by City of Phoenix; Newer power poles, sidewalks and canopies; 7th Ave Overlay District allows more parking; close to Camelback Road; Vibrant area; Arts district area; half .5 mile from light rail and Central Ave.

    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 2019-02-15T17:11:52.187.
    www.cavecreekareahomes.com/homes/60355230

    635 W Glenrosa Avenue Phoenix, AZ 85013

    • Price: $1,300,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 5407905
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.54
    Acres
    12,265
    SQFT
    $106
    $/SQFT
    1948
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Unique Investment Opportunity! This .54 acres (23,558 sf) property can be (a) an investment; (b) a an assemblage, or (c) an owner/user; Property manage 29 bays, 9 storage spaces, 6 auto lifts and 1 paint booth; 12,264 sf under roof; traffic count 27,123 cars/day; CAP RATE 7.2%; Rental Prices can be increased; Melrose District; C-3 Zoning is grandfathered in; otherwise: C-2 Zoning; 7th Avenue & Glenrosa upgraded by City of Phoenix; Newer power poles, sidewalks and canopies; 7th Ave Overlay District allows more parking; close to Camelback Road; Vibrant area; Arts district area; half .5 mile from light rail and Central Ave.
    Exterior Features

    Construction Block Covered Parking Spaces 0.00 Exterior Features Corner LotBuilding SignPole SignStorage YardDual Street Ftg Fencing Other (See Remarks) Freeway Highway 2.1 - 5 Miles Parking FencedPaved ParkingPrivate Parking Roads Asphalt/BlacktopAlleySidewalk(S)Curb(S) & Gutter(S)Concrete Roofing Comp ShingleMetal Stories 1 Story Total Parking Spaces 12.00 Uncovered Parking Spaces 12.00

    Interior Features

    Amenities Security Gate Ceiling Height 8.1 Feet To 10 Feet12.1 Feet To 14 Feet Cooling None Flooring ConcreteCeramic Tile Heating None Interior Features FinishedPublic RestroomsPrivate Restrooms

    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 CommercialOfficeIndustrial Cross Street 7th Ave & Glenrosa Ave Current Use Automobile Electric Srp3 Phase PowerIndividual Meter Gas None Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 0 Net Operating Income 90000.00 Operating Exp 9251.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 9251.00 Traffic Count 25001 To 35000 Vacancy Allowance 0.00 Water City Franchise Zoning C-3 Grandfather

    Listing courtesy of Lra Real Estate Group, Llc.
    © 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 2019-02-15T17:11:52.187.
     
    Riddle Realty
    4524 E. Rancho Laredo Dr.
    Cave Creek AZ, 85331