4830 N 59TH Avenue Phoenix, AZ ^$ 1,350,000

4830 N 59TH Avenue

^$ 1,350,000

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4830 N 59TH Avenue

Phoenix, AZ, 85033

^$ 1,350,000

Studio Baths0.0 Sq 7,001

Monthly Estimate*

^$ 8,973

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 1

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 2

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 3

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 4

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 5

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 6

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 7

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 8

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 9

4830 N 59TH Avenue, Phoenix, AZ 85033 - Image 10

Studio

Commercial Property for sale in Phoenix, AZ

for $1,350,000. This 7,001 square foot building was built in 1960 on a lot size of 0.37.

The Shops at 59th is a strong stabilized 100% Occupied small retail strip center, appealing to the 1st time commercial inverstor or addition to a large portfolio. Great retail mix of owner occupied tenants. Below market rents allow for great long-term investment with 3 leases expiring in next 18 months. 3% annual increases on stabilized long-term leases Excellent visibility right off the corner on 59th Ave and Camelback Rd. The most densely populated 3 square miles of single-family homes in metropolitan Phoenix Borders Phoenix and the City of Glendale

Commercial Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,807

Style

Comm/Industry Sale

Lot Size

0.37

Year Built

1960

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6710618

Features

General

Sewer Public Sewer

Heating Electric

Cooling Office A/C

Roof Rolled/Hot Mop

Zoning C-2

Construction Materials Stucco Block

Year Built 1960

Electric APS

Township 2N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Business Type Retail Office Service Business

County Maricopa

Net Operating Income 94500.0

Property Type Comm/Industry Sale

Attached Garage N

Status Active

Directions Just South of Camelback on the Westside of 59th Ave

City Phoenix

Buyer Agent Compensation 2.00

Disclosures None

View Y/N N

Open Parking Spaces 16.0

Lot Size Units Square Feet

Lot Size Square Feet 15918.0

Carport Y/N N

Tax Annual Amount 7807.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 24

Structure Type Commercial

Standard Status Active

Occupancy Type Tenant

Tax Lot 1

Cap Rate 7.0

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Ceramic Tile Vinyl Concrete

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Chain Link

Parking Features Paved Parking

Water Source City Franchise

Total Parking 16.0

Lot Size Area 15918.0

Number of Buildings 1

Spa N

Lot Size Acres 0.37

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 4830

* Excluded Features

List By

Ridgeway Real Estate Investments

Broker

theridgeways1@gmail.com

Affordability Calculator

$9,623

Per Month

Monthly Principal & Interest: $8,973
Monthly Property Taxes: $651
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,983,795

Percent of Sale Price 47%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$1,350,000		Listed Price

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4830 N 59TH Avenue, Phoenix, AZ, 85033 is a Commercial Property for sale at $1,350,000 with 7,001 sqft and a lot size of 0.37. 4830 N 59TH Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 85033 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/23/2024.

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4830 N 59TH Avenue

Commercial Property for sale in Phoenix, AZ

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