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635 W Glenrosa Avenue

Phoenix, AZ 85013
  • $1,200,000
  • STATUS: Active
  • ON SITE: 1939 days
  • MLS #: 5407905
UPDATED: 54 min ago
$1,200,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,265
    SQFT
  • $98
    $/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.

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© 2021 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 The Everest Team at eXp Realty. Data last updated 2021-06-25T00:13:12.027.
www.theeverestteam.com/homes/60355230
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635 W Glenrosa Avenue Phoenix, AZ 85013

  • Price: $1,200,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: 5407905
0
Beds
0
Baths
0
½ Baths
0.54
Acres
12,265
SQFT
$98
$/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 Building SignCorner LotDual Street FtgPole SignStorage Yard Fencing OtherSee Remarks Freeway Highway 2.1 - 5 Miles Parking FencedPaved ParkingPrivate Parking Roads AlleyAsphaltConcreteCurb(S) & Gutter(S)Sidewalk(S) Roofing Comp ShingleMetal Stories 1 Story Total Parking Spaces 12.00 Uncovered Parking Spaces 12.00

Interior Features

Amenities Security Gate Ceiling Height 12.1 Feet To 14 Feet8.1 Feet To 10 Feet Cooling None Flooring Ceramic TileConcrete Heating None Interior Features FinishedPrivate RestroomsPublic 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 CommercialIndustrialOffice Cross Street 7th Ave & Glenrosa Ave Current Use Automobile Electric 3 Phase PowerIndividual MeterSrp 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.


© 2021 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 The Everest Team at eXp Realty. Data last updated 2021-06-25T00:13:12.027.
 
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The Everest Team at eXp Realty
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Chandler AZ, 85248