Courtesy of RE/MAX Fine Properties
Property Description
LOCATED ALONG ONE OF PHOENIX’S HISTORIC COMMERICAL COORIDORS, THIS HIGHLY VISIBLE CORNER PROPERTY OFFERS EXCEPTIONAL REPOSITIONING POTENTIAL JUST MINUTES FROM DOWNTOWN PHOENIX, THE STATE CAPITOL, INTERSTATE 10, PHOENIX SKY HARBOR AIRPORT AND THE RAPIDLY EXPANDING GRAND AVENUE ARTS DISTRICT. THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER USER WHILE GENERATING IMMEDIATE CASH FLOW! PROPERTY HIGHLIGHTS: -SIGNIFICANT VALUE-ADD OPPORTUNITY -APPROXIMATELY 9,583 SF SITUATED ON 0.26 ACRE CORNER PARCEL -FEATURES SIX TENANT SUITES -RETAIL, RESTAURANT, OFFICE AND FLEX CONFIGURATIONS -RENOVATED IN 2019 -TWO STORY BUILDING -EXCELLENT FRONTAGE ON VAN BUREN STREET
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Building
- Built in 1951
- Living area: 9583.0
- 2 buildings
- Construction Materials: Block
-
Cooling
- Central Air
- Warehouse A/C
-
Disclosures
- None
-
Expenses
- Operating: $9,182
-
Fence
- None
- Wire
-
Floors
- Ceramic Tile
- Wood
- Concrete
-
Heating
- Ceiling
-
Income
- Gross Income: $56,050
- Net Operating Income: $59,400
-
Listing
- Listing ID: 7048362
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-07-01
- 67 days on market
-
Location
- Subdivision: CAPITOL ADDITION BLOCKS 3-6 12-14 TRACT A
- County/Parish: Maricopa
-
Lot
- 0.18 acres
-
Parking
- 6 open parking spaces
- 6 total parking spaces
- Off Street
- Parking Lot
- Paved
- Private
- Free
-
Property
- Leasable area: 9583.0
-
Roof
- Concrete
-
Sewer
- Public Sewer
-
Taxes
- Parcel Number: 112-01-031
- Public Survey Range: 3E
- Public Survey Section: 7
- Annual Amount: $9,182
- Tax Book Number: 112.00
- Legal Description: CAPITOL LOTS 1 & 2 BLK 4 EX S 40′
- Lot: 1
- Map Number: 1.00
- Year: 2025
- Zoning: C3
-
Utilities
- Water Source: City Franchise, Master Meter
- APS
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This content last updated on September 5, 2026 1:03AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.