$2,995,000
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2 Acres Lot
SOLD DATE : 07/30/2021
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Metrocenter Tract 5
MLS Listing ID 6062974
Sold Date 07/30/21
Year Built 1977
Annual Tax Amount $41,358
Tax Year 2019
Lot Size 1.999 Acres
Acres 2.0
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This 27,873 SF shopping plaza is situated on approximately 2 acres in a Qualified Opportunity Zone. Its central location
and proximity to Interstate 17 makes it a convenient shopping destination for both local families and tourists. Strategically positioned in a major retail
trade area of north Phoenix, multiple hotels, educational facilities, medical
facilities and conference centers are nearby. New mixed-use planned urban
development (PUD) at Metrocenter Mall proposes Call Centers, Medical Data Centers, Educational and General Office uses. Expansion of the Valley Metro Light Rail to include a terminal nearby; completion in 2024 will provide regional access. Investors should jump on this opportunity with imminent growth potential.
Location
State AZ
County Maricopa
Community Metrocenter Tract 5
Zoning RSC Phoenix
Direction From I-17 take Peoria Ave west and turn south at 28th Drive. Property is just south of N Metro Center Parkway on the left. FINANCIAL INFORMATION AVAILABLE UPON REQUEST.
Interior
Heating Electric
Cooling Warehouse A/C, Office A/C, Central A/C
Flooring Other
Exterior
Parking Features Free, Paved Parking, Public Parking
Fence None
Roof Type Foam
Present Use Retail, Service Business, Restaurant, Office, Warehouse, Bar
Total Parking Spaces 119
Building
Sewer Public Sewer
Water City Franchise, Master Meter
New Construction No
Others
Senior Community No
Tax ID 149-16-397
Financing Cash
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Bought with Non-MLS Office