Industrial•Warehouse/Distribution•For Sale

Contractor Storage Yard

1629 E Jefferson St, Phoenix, Arizona 85034

Sale Price $295,000
Sale Type Investment
Zoning C3
Bldg Type Single Tenant
Vacancy 100%
Gross Bldg 200 SqFt
Land Area .16 Acres
Market Phoenix
Sub-Market Central Phoenix
Contractor storage yard at a busy intersection; Redevelopment underway with large apartment complex in the next block. Additional new apartment development going up 4 streets to the West on Washington and Jefferson St. New proposed condos, apartments, grocery store 4-5 blocks away. Assemblage possible with neighbor parcels is being explored. Owner financing available, Seller carryback. Also possible property trade or assemblage. The subject property is located at 1629 E Jefferson Street in the City of Phoenix, Maricopa County, Arizona. The subject property is in a good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is generally good in terms of retail, commercial and residential use. The subject benefits from heavy commuter and local traffic along Washington Street. The area is anticipated to experience limited growth in the foreseeable future due to its primary built out nature. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, with generally allows up to 5 stories in new construction along the light rail corridor.
  • Owner Financing Available - Seller Carryback
  • Within 1 block of busy 16th St & Jefferson intersection
  • Redevelopment area
  • New market-rate apartments under construction 4 blocks to the West
  • Downtown Phoenix only 9 blocks to the West
  • Diamondback Stadium 9 blocks to the West
  • Fenced, secured
5/9/2019 6:56:02 PM 5/9/2019 8:25:30 PM

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