650 N 1st Avenue Phoenix, AZ ^$ 2,000,000

650 N 1st Avenue

^$ 2,000,000

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650 N 1st Avenue

Phoenix, AZ, 85003

^$ 2,000,000

Studio Baths0.0 Sq 4,956

Monthly Estimate*

^$ 13,293

650 N 1st Avenue, Phoenix, AZ 85003 - Image 1

Studio

Commercial Property for sale in Phoenix, AZ

for $2,000,000. This 4,956 square foot building was built in 1915 on a lot size of 0.32.

This premier multi-tenanted office building is located in downtown Phoenix. It offers a strategic located office space that sits on a corner lot for prime visibility and accessiblity. With its strategic positioning, modern amenities, and investment potential, the property is poised to deliver exceptional value to tenants and investors alike. The property caters to the needs of investors looking to capitalize on the thriving office market or a business seeking a strategic location.

Commercial Active

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,631

Style

Comm/Industry Sale

Lot Size

0.32

Year Built

1915

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6671882

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Central A/C

Roof Tile

Zoning C-DT

Construction Materials Brick

Year Built 1915

Electric APS

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Business Type Service Business

County Maricopa

Net Operating Income 0.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name BENNETT PLACE D-F K & L

Building Features Basement Reception Room Security Gate

Status Active

Directions Corner office building on 1st Ave and Mickinley

City Phoenix

Buyer Agent Compensation 3.00

Disclosures None

View Y/N N

Open Parking Spaces 15.0

Lot Size Square Feet 14000.0

Carport Y/N N

Street Name 1st

Tax Annual Amount 16631.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 83

Structure Type Office

Standard Status Active

Tax Lot 24

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Concrete

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Other

Parking Features Paved Parking Private Parking

Water Source Individual Meter

Total Parking 15.0

Lot Size Area 14000.0

Number of Buildings 2

Spa N

Lot Size Acres 0.32

Lot Size Units Square Feet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 650

* Excluded Features

List By

Exp Realty

Broker

andrew.balderrama@exprealty.com

Affordability Calculator

$14,679

Per Month

Monthly Principal & Interest: $13,293
Monthly Property Taxes: $1,386
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,861,331

Percent of Sale Price 7%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/3/2024	$2,000,000		Listed Price

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650 N 1st Avenue, Phoenix, AZ, 85003 is a Commercial Property for sale at $2,000,000 with 4,956 sqft and a lot size of 0.32. 650 N 1st Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 85003 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/31/2024.

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650 N 1st Avenue

Commercial Property for sale in Phoenix, AZ

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