1825 E NORTHERN Avenue new Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85020
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6614774
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1984
Annual Tax Amount $63,483
Tax Year 2022
Lot Size 2 Sqft
Lot Dimensions 1000' x 200'
Property Description
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.
Location
State AZ
County Maricopa
Zoning R-5
Direction East toward 51. South side of road. Long white mission style arched building from 18th-20th st.
Interior
Heating Electric
Cooling Office A/C
Flooring Carpet,Vinyl
Exterior
Garage Other (See Remarks),Paved Parking,Public Parking,Free
Fence Block,Partial
Waterfront No
Roof Type Built-Up
Present Use Office
Parking Type Other (See Remarks),Paved Parking,Public Parking,Free
Total Parking Spaces 123
Building
Dwelling Type Commercial,Office
Sewer Public Sewer
Water City Franchise
Others
Senior Community No
Tax ID 165-19-002-S