313 N MAIN Street Eloy, AZ $ 225,000
313 N MAIN Street
$ 225,000
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313 N MAIN Street

Eloy, AZ, 85131
$ 225,000
Baths0.0 Sq 2,250

Monthly Estimate*

$ 1,572

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Studio

Commercial Property for sale in Eloy, AZ

for $225,000. This 2,250 square foot building was built in 1948 on a lot size of 0.06.

Exciting Commercial Opportunity on Main Street! $100k discount if all three buildings are purchased together. Located in downtown Eloy on Main Street, and near the corner with Frontier, providing excellent visibility, foot traffic, and vehicle traffic. Eloy is growing, don't miss this opportunity to be a part of growth and secure your location before it's gone! Vacant and demoed inside, awaiting your tenant and TI's. This 2,250 SF space is currently wide open, with a variety of uses including retail, office, and restaurant. Street parking out front. STRONG RENTAL DEMAND and low supply. $12/SF/year in range along with 8-10% CAP rates. Lots of growth nearby with Lucid, Nikola, Kohler, and Proctor & Gamble, among others! **Package Deal for Buying the entire building**

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Commercial Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,607

Style

Comm/Industry Sale

Lot Size

0.06

Year Built

1948

Town/City

Eloy

County/Region

Pinal

MLS | Web ID

6625458

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central A/C
Roof Tile Rolled/Hot Mop
Zoning C-2
Construction Materials Block
Year Built 1948
Electric APS
Township 08S
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 25650.0
Business Type Food Service Retail Office
County Pinal
Net Operating Income 25650.0
Operating Expense 1607.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name COTTON CITY (PROPER)
Status Active
Directions From Frontier North on Main Street to property on east side of Rd.
City Eloy
Buyer Agent Compensation 3.00
Disclosures None
View Y/N N
Open Parking Spaces 5.0
Lot Size Square Feet 2500.0
Carport Y/N N
Street Name MAIN
Tax Annual Amount 1607.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 177
Structure Type Commercial
Standard Status Active
Occupancy Description Vacant
Tax Lot 7
Cap Rate 11.4
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Concrete
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing None
Parking Features Public Parking
Water Source City Franchise
Total Parking 5.0
Lot Size Area 2500.0
Number of Buildings 1
Spa N
Lot Size Acres 0.06
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 313
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* Excluded Features
List By
Realty Executives Arizona Territory

Broker

stacy@adamsazre.com

Email

Affordability Calculator

$1,706
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$225,000 -10.00% Price Down
11/2/2023$250,000 Listed Price

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313 N MAIN Street, Eloy, AZ, 85131 is a Commercial Property for sale at $225,000 with 2,250 sqft and a lot size of 0.06. 313 N MAIN Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 85131 which is in Eloy, AZ