$619,000
Phoenix, AZ 85017
MLS# 6746201
1 / 10
Property Description
Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $619,000
List Price: $619,000
Status: Active
List Date: 2024-08-20
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): PT NW4 NW4 BEG 175F W& 254.18F S FR NE COR NW4 NW 4 TH S 45D 18M W 592.45F TH S 44D 42M E 400.26F T
Assessor's Parcel #: 8
Assessor Parcel Ltr: M
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 116900
Taxes: 4500
Legal: PT NW4 NW4 BEG 175F W& 254.18F S FR NE COR NW4 NW 4 TH S 45D 18M W 592.45F TH S 44D 42M E 400.26F T
House Number: 3940
Compass: N
Street Name: 33RD
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 4514
County Code: Maricopa
Assessor Number: 108-02-008-M
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 1844
# of Buildings: 1
Uncvrd Parking Spcs: 10
Year Built: 1987
Zoning: C-3
Currently Not Used
Sold Price Per SqFt: 335.68
Legal Info
Range: 2E
Section: 26
Township: 2N
Lot Number: M
Construction
Block: 1
Roofing
Concrete: 1
Floors
Concrete: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 4500
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 39000
Building Type
Commercial: 1
Business Type
Automobile: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 4.76
Equity: 725000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
12.1 Feet to 14 Feet: 1
Heating
Heat Pump: 1
Cooling
Warehouse Evap: 1
Interior Features
Finished: 1
Loading Facilities
Drive-in Door(s): 1
Source of Fincl Data
Owner: 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Paved: 1
Electric
APS: 1
SRP: 1
Gas
SW Gas: 1
New Financing
Cash to Loan: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 623-236-0836
Remarks Misc
Cross Street: 33rd Ave & Grand Ave
Directions: The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand
Geo Lat: 33.492542
Geo Lon: -112.130546
Income Expenses
Gross Annual Sch Inc: 39000
Net Operating Income: 34500
Property Features
Building Type: Commercial
Business Type: Automobile
Stories: 1 Story
Construction: Block
Roofing: Concrete
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Heating: Heat Pump
Cooling: Warehouse Evap
Loading Facilities: Drive-in Door(s)
Interior Features: Finished
Fencing: Chain Link
Parking Features: Private; Paved
Electric: APS; SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Listing Office: American Realty Brokers
Last Updated: February - 07 - 2026
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