$1,800,000
For more information regarding the value of a property, please contact us for a free consultation.
1.6 Acres Lot
SOLD DATE : 11/30/2023
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Commercial Center
MLS Listing ID 6585376
Sold Date 11/30/23
Year Built 1999
Annual Tax Amount $39,942
Tax Year 2022
Lot Size 1.603 Acres
Acres 1.6
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Golden Plaza (220 E Southern Ave) presents a compelling opportunity as a heavy-value add retail strip center in a South Phoenix Opportunity Zone. The property is situated close to the forthcoming Light Rail expansion and benefits from increased accessibility and economic growth. Boasting a diverse tenant mix on short-term leases, this value-add deal is further enhanced by its spacious 1.62- acre lot, offering ample parking at a rate of 4.40 spaces per 1,000 square feet. By implementing targeted capital improvements, this center has the potential to transform into a high-performing asset.
Location
State AZ
County Maricopa
Community Commercial Center
Zoning C-2
Direction South Central Ave, Turn West on East Southern Ave, and property is located on left
Interior
Heating Other, See Remarks
Cooling Central Air, Other, See Remarks
Flooring Other
Exterior
Parking Features Paved, Free
Fence None
Roof Type Built-Up
Total Parking Spaces 74
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 113-43-059
Financing Other
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with American Realty Brokers