Description

WOW! Just $49 per sqft! The subject property is a vacant freestanding 52,688 sqft four story building located in Central Phoenix on the major intersection of N 19th Ave and W Camelback Rd across the street from the Light Rail station. The identical sister building next door (exact duplicate of the subject property) sold stabilized for about $100 per sqft. We are offering this opportunity to the investor and developer community at just $49 per sqft. The building can serve as a single or multiple tenant professional office or be redeveloped for another use.

This is one of the least expensive buildings in the City of Phoenix. In addition, it has the potential to be converted to an apartment complex or senior living facility with the current R-5 zoning.

We are offering a strong commission to the cooperating Buyer's Broker, up to 8% when sold close to asking price.

Depending on Buyer's circumstances property might qualify for 1031 Exchange.