Property Listing No Longer Available for Sale

824 E Washington Street, Phoenix, AZ

Office for Sale - $825,000 - 3,276 Sq. Ft. on 0.31 acres


Property Info

CIMLS#816946
Location
  824 E Washington Street
  Phoenix AZ 85034
UpdatedNovember 23rd, 2016
TypeOffice
Price$825,000
Building3,276 Sq. Ft.
Land0.31 acres

Property Description

All Offers reviewed by owner; Freestanding building in a redevelopment area. Faces the light rail tracks. Can be assembled with the parcel to the East for 0.46 acres. The City of Phoenix is developing a 'Walkable Urban' zoning code for the light rail corridor. Located within 2 blocks of Chase Field (Diamondback Stadium). The City allows up to 5+ stories of new construction in the light rail corridor. This location faces the immediate downtown area that includes Stadium, US Airways Center, Symphony Hall, Convention Center, restaurants and large hotels. The path of development includes these additional city blocks.

Location Description:

The City of Phoenix is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to the major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.

Highlights:

>> Gateway to Downtown Phoenix

>> Zoned C-3

>> Walkable Urban Zoning change is in progress

>> New construction can be up to 5+ stories

>> 0.31 acres +/-

>> Within 2 blocks of the Diamondback Stadium

>> Within 3 blocks of the Phoenix Suns Arena

>> Assemblage possible with adjacent parcels

>> Small basement

>> New A/C, carpets

* Email for additional photos


Financials

Sales Info:

>> Commision split: 3.0%



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