Courtesy of American Realty Brokers
Property Description
Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.
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Property Details and Features
-
Building
- Built in 1987
- Living area: 1844.0
- 1 building
- Construction Materials: Block
-
Cooling
- Warehouse Evap
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Disclosures
- Seller Prop Disc Stm
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Expenses
- Other Expense: $4,500
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Fence
- Chain Link
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Floors
- Concrete
-
Heating
- Heat Pump
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Income
- Gross Income: $39,000
- Gross ScheduledIncome: $39,000
- Net Operating Income: $34,500
-
Listing
- Listing ID: 6746201
- Standard Status: Active
- MLS Status: Active
- On market as of 2024-08-20
- 746 days on market
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Location
- County/Parish: Maricopa
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Lot
- 0.21 acres
-
Parking
- 10 open parking spaces
- 10 total parking spaces
- Paved
- Private
-
Roof
- Concrete
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Sewer
- Public Sewer
-
Taxes
- Parcel Number: 108-02-008-M
- Public Survey Range: 2E
- Public Survey Section: 26
- Annual Amount: $4,500
- Tax Book Number: 108.00
- Legal Description: PT NW4 NW4 BEG 175F W& 254.18F S FR NE COR NW4 NW 4 TH S 45D 18M W 592.45F TH S 44D 42M E 400.26F T
- Lot: M
- Map Number: 2.00
- Parcel Letter: M
- Year: 2023
- Zoning: C-3
-
Utilities
- Water Source: City Franchise
- SRP
- APS
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This content last updated on September 6, 2026 4:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.