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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
Home For Sale Arizona Phoenix 4215
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Office Building For Sale By Owner

8% CO-BROKE COMM - Amazing VALUE ADD Opportunity

5060 North 19th Avenue, Phoenix, Arizona 85015 United States

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.

Location Description: Desirable Location In Central Phoenix, AZ Prominent Intersection Of 19th Ave/Camelback Walking Distance To Light Rail Station Parcel Size: 82,241 SqFt Flexible R-5 Zoning for Potential Residential / Condo Conversion 4:1,000 Parking Ratio, Abundant Covered Spaces Parking Lot Recently Sealed And Striped Located On Major Thoroughfares Close Proximity To Grand Canyon University Convenient And Fast Access To I-17 and I-10

Business included in Sale? No

Price: $2,570,000
Property Sub-Type: Office Building
Total Building Size: 52688 SF
No of Stories: 4
Listing ID: 4215

Map of: 5060 North 19th Avenue, Phoenix, Arizona 85015 United States

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