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6330 W Van Buren Street

Phoenix, AZ 85043
  • $2,500,000
  • STATUS: Active
  • ON SITE: 416 Days
  • MLS #: 6447472
UPDATED: 76 min ago
$2,500,000
  • 0
    BEDS
  • 1.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,806
    SQFT
  • $431
    $/SQFT
Type:
Commercial
Built:
2001
County:
Area:

School Ratings & Info

Description

Very sought-after mix use C3 multifamily use property is just over 75,000 sqft of C3 with the dominate zoning being C3. This location offers rare opportunity for either developer or as unprecedented income property. The tire shop brings in 5000.00 a month, off the back there is land being rented for auto storage at 1700.00 a month and automotive repair at 1200.00 a month. The owner lives on site and has multiple offers to lease his space at 6000.00 a month. The auto storage off the back is renting below market rents. The property is not being rented to full potential. There is monument signage off Van Buren. Seller received an offer from a tenant to master lease the proeprty for $15,000.00 a month.

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Arizona Regional MLS logo© 2023 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 CANAM Realty Group. Data last updated 2023-10-01T19:20:55.6.
www.canamrealty.com/homes/132000465
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6330 W Van Buren Street Phoenix, AZ 85043

  • Price: $2,500,000
  • Status: Active
  • On Site: 416 Days
  • Updated: 76 min ago
  • MLS #: 6447472
0
Beds
0
Baths
0
½ Baths
1.73
Acres
5,806
SQFT
$431
$/SQFT
2001
Built
County:
Maricopa
Area:
Phoenix
Property Description
Very sought-after mix use C3 multifamily use property is just over 75,000 sqft of C3 with the dominate zoning being C3. This location offers rare opportunity for either developer or as unprecedented income property. The tire shop brings in 5000.00 a month, off the back there is land being rented for auto storage at 1700.00 a month and automotive repair at 1200.00 a month. The owner lives on site and has multiple offers to lease his space at 6000.00 a month. The auto storage off the back is renting below market rents. The property is not being rented to full potential. There is monument signage off Van Buren. Seller received an offer from a tenant to master lease the proeprty for $15,000.00 a month.
Exterior Features

Construction Block Covered Parking Spaces 0.00 Fencing BlockChain Link Parking Paved ParkingPublic Parking Roofing Built-UpFoam Stories 1 Story Total Parking Spaces 25.00 Uncovered Parking Spaces 25.00

Interior Features

Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/COffice A/CWindow/Wall Unit Flooring Concrete Heating Electric Interior Features Other (See Remarks)

Property Features

Adjusted Gross Inc 101840.00 Annual Other Expense 10000.00 Building Type Commercial Cross Street 65th Ave And Van Buren Current Use AutomobileFood ServiceSee Remarks Electric Aps Gas Sw Gas Gross Annual Sch Inc 94000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number Na Net Operating Income 100000.00 Operating Exp 19933.00 Other Income 13200.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 9933.00 Traffic Count 35001 To 50000 Vacancy Allowance 0.05 Water City Franchise Zoning C3/R3

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Arizona Regional MLS logo© 2023 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 CANAM Realty Group. Data last updated 2023-10-01T19:20:55.6.
 
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CANAM Realty Group
3233 E Chandler Blvd #23
Phoenix AZ, 85048