1825 E Northern Avenue, Phoenix, AZ, 85020

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$7,500,000
141 Days Online

1825 E Northern Avenue
Phoenix, AZ 85020

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
29,800
SqFt
$252
/SqFt
1984
Built
County:
Maricopa

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1825 E Northern Avenue1825 E Northern Avenue1825 E Northern Avenue1825 E Northern Avenue
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Don't miss out on a rare opportunity to own the landmark Vista De Loma buildings. This 30, 000 SF, mission-style commercial office complex consists of 3 buildings and is located at 1825 E Northern Ave in North Central Phoenix. It is a multi-tenant project and fully occupied with 1-3 year gross leases and professional management in place, offering steady rental income and an attractive return on investment. Most exciting, however, is the pre-existing, high-density multi-family, R-5 zoning designation. At over a 5 cap including professional management and a full time maintenance employee, the potential for redevelopment is palpable. Situated on a spacious 2.44-acre plot of land, the lot boasts unbeatable views of Piestewa Peak and is located in one of the most desirable areas in Phoenix.

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Listing Snapshot
Price 
$7,500,000
Days Online 
141 Days
Bedrooms 
N/A
Inside Area (SqFt) 
29,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1984
MLS Number 
6614774
Status 
Active
Property Tax 
$63,483
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
5 months agoListing first seen online
General Features
Building Features 
Public Elevator(s)Conference RoomReception Room
Parking 
Other ( See Remarks)Paved ParkingPublic ParkingFree
Parking Spaces 
123
Sewer 
Public Sewer
Acreage 
0
Cross Street 
16th St & Northern
Attached Garage 
No
Zoning 
R-5
Interior Features
Cooling 
Office A/ C
Flooring 
CarpetVinyl
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Exterior Features
Roof 
Built- Up
Community Features
Township 
3N
Building Features 
Public Elevator(s)Conference RoomReception Room
Listing courtesy of AXIS Property Advisors.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-02-25 09:40 AM UTC

Neighborhood & Commute
Source: Walkscore
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