5608 N 27TH Avenue

    Phoenix, AZ 85017
    • $750,000
    • STATUS: Active
    • ON SITE: 172 days
    • MLS #: 5901910
    UPDATED: 50 min ago
    $750,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,161
      SQFT
    • $92
      $/SQFT
    Type:
    Commercial
    Built:
    1982
    County:
    Area:

    School Ratings & Info

    Description

    8100 SF Retail Building on 19,000SF lot with 30 parking spaces right in the Grand Canyon University growth vicinity. Just 1 block North of Missouri on 27th Ave this property is available for purchase and/or lease. Currently approximately 4000SF is vacant and build-out as a large private-event space with a small riser, ADD bathroom, full men's and women's restrooms, basic kitchen with serving counter, and contiguous open spaces. Additionally, the other 4000SF is occupied by a long-term tenant on a month to month basis (Church). The current owner ran a party venue company out of the vacant space and averaged $900-$1400/day for the space. There is a demand for events space in this area and likely highest and best use. Owner pays taxes, insurance, water/sewer/trash and OEs.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
    www.yournextphoenixhome.com/homes/93095433

    5608 N 27TH Avenue Phoenix, AZ 85017

    • Price: $750,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 5901910
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    8,161
    SQFT
    $92
    $/SQFT
    1982
    Built
    Neighborhood:
    Maryvale Park 2 AMD Lots 243-415, & TR C
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    8100 SF Retail Building on 19,000SF lot with 30 parking spaces right in the Grand Canyon University growth vicinity. Just 1 block North of Missouri on 27th Ave this property is available for purchase and/or lease. Currently approximately 4000SF is vacant and build-out as a large private-event space with a small riser, ADD bathroom, full men's and women's restrooms, basic kitchen with serving counter, and contiguous open spaces. Additionally, the other 4000SF is occupied by a long-term tenant on a month to month basis (Church). The current owner ran a party venue company out of the vacant space and averaged $900-$1400/day for the space. There is a demand for events space in this area and likely highest and best use. Owner pays taxes, insurance, water/sewer/trash and OEs.
    Exterior Features

    Construction Wood/FrameStucco Covered Parking Spaces 0.00 Exterior Features Dual Street FtgBuilding SignMonument Sign Fencing None Freeway Highway Frontage Lot Size Dimensions 203'X104' Parking FreePaved Parking Roads Asphalt/Blacktop Roofing Built-Up Stories 1 Story Total Parking Spaces 30.00 Uncovered Parking Spaces 30.00

    Interior Features

    Amenities ShowroomKitchenRaised Floor Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/C Flooring ConcreteCeramic Tile Heating Electric Interior Features FinishedPrivate Restrooms

    Property Features

    Adjusted Gross Inc 77520.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 1500.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 300.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 1200.00 Building Type CommercialOther (See Remarks) Cross Street 27th Ave And Camelback Current Use Religious FacilityRecreationalRetailOther (See Remarks) Electric SrpIndividual MeterOver 220 Amp Gas None Gross Annual Sch Inc 81600.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Drive-In Door(S) Lot Number 463 Net Operating Income 55090.00 Operating Exp 22430.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Provided By OwnerProjected Proforma Taxes 19430.00 Traffic Count 5001 To 15000 Vacancy Allowance 0.05 Water City FranchiseMaster Meter Zoning C-CC-2

    Listing courtesy of Axis Property Advisors.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Brett Tanner Home Selling Team | Keller Williams Realty Phoenix. Data last updated 2019-09-16T00:10:38.92.
     
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