$4,900,000
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4.41 Acres Lot
SOLD DATE : 01/06/2022
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Lane Sub
MLS Listing ID 6282464
Sold Date 01/06/22
Year Built 1958
Annual Tax Amount $248,937
Tax Year 2020
Lot Size 4.415 Acres
Acres 4.41
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.
Location
State AZ
County Maricopa
Community Lane Sub
Zoning PUD
Interior
Heating Other
Cooling Central Air, Other
Flooring Other
Exterior
Parking Features Other
Fence Other
Roof Type Other
Total Parking Spaces 1105
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 118-32-028-A
Financing Other
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Bought with Non-MLS Office