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2837 W Northern Ave

1,225 SF Office Building Phoenix, AZ 85051 $293,000 ($239/SF)

Executive Summary

This 1,225 SF bank owned office building in North Central Phoenix presents a fantastic opportunity for value-add investors, owner-users, or redevelopment. Situated along Northern Ave with 75 feet of frontage, the property benefits from excellent visibility and is conveniently located less than a mile west of the I-17. The property is zoned R-5, offering flexible development potential. Additionally, a large yard on the south side further enhances the property's versatility, making it well-suited for a wide range of uses.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Office
Property Subtype
Medical
Building Size
1,225 SF
Building Class
C
Year Built
1954
Price
$293,000
Price Per SF
$239
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,225 SF
Building FAR
0.07
Land Acres
0.38 AC
Zoning
R-5 - Multifamily Residence District
Parking
12 Spaces (9.8 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
151-01-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,392
  • Listing ID: 33637741

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 2837 W Northern Ave, Phoenix, AZ 85051

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