1805 W Van Buren St | Phoenix, AZ 85007
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- LoopNet Team
1805 W Van Buren St
Phoenix, AZ 85007
Capitol Hub · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Significant Capital Expenditures: The current ownership has invested over $500,000 in capital improvements over the past five years.
- Prime Traffic Corridor: Strategically positioned at the intersection of 19th Ave and Van Buren Street, the property benefits from high visibility.
- Strong Demographic Profile: The surrounding area features robust demographic trends, with a population of over 108,800 residents within 3-miles.
- Immediate Value-Add Potential: The property offers substantial value-add opportunities through rent optimization.
- Capitol District Advantage: Located minutes from the Arizona State Capitol complex, this property draws significant foot and vehicle traffic.
- Major Development Zone: The western part of Downtown Phoenix, including the Capitol District, is experiencing a wave of redevelopment.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,320 SF
Building Class
C
Year Built/Renovated
1951/2019
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.26 AC
Zoning
C-3 - C-3
Parking
25 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
80’ on Van Buren
AMENITIES
- Bus Line
- Corner Lot
- Restaurant
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $6,394 | Total Assessment | $71,032 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,394
Improvements Assessment
$0
Total Assessment
$71,032
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