220 E Southern Avenue, Phoenix, AZ 85040

$1,580,000
16,594
SqFt
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Sold Price
$1,580,000
List Price
$1,800,000
Status
CLOSED
Days on Market
98
Closing Date
Nov 30, 2023
MLS#
6585376
Subtype
Comm/Industry Sale
Year Built
1999
Living Area
16,594
Lot Size
69,831
Acres
1.60
Subdivision
Commercial Center
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(602) 769-4725

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.

(602) 769-4725
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Additional Information

Taxes
$39,942
Zoning
C-2
Flooring
Other
Heating
Other, See Remarks
Air Conditioning
Other, See Remarks
Exterior Construction
Block
Parking Features
Free, Paved
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Listing courtesy of Listing Agent: Reuben Z Nach () from Listing Office: R.O.I. Properties.

Selling Office: American Realty Brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.