16807 E Palisades Boulevard, Fountain Hills, AZ 85268
- $1,000,000
- 9,491
- SqFt
- Sold Price
- $1,000,000
- List Price
- $1,100,000
- Status
- CLOSED
- Days on Market
- 82
- Closing Date
- Feb 23, 2024
- MLS#
- 6639627
- Subtype
- Comm/Industry Sale
- Year Built
- 2000
- Living Area
- 9,491
- Lot Size
- 6,000
- Acres
- 0.14
- Subdivision
- Fountain Hills Arizona No. 208 Block 1-4
Property Description
Great investment opportunity for either owner operator or an investor who wants to lease the bottom floor and keep the top one rented out. The plaza is one of a kind uniquely designed building that is a gem in Fountain Hills. CLASS A Building constructed in 2000 and has a great visibility on the main Palisades BLVD. Tenant/Owner can use the 50 parking spaces that is maintained by the Fountain Hills. Currently single tenant occupies the second floor suites 201 and 206, lease expires in Feb 2026. Bottom floor is vacant and will be master leased at $4500 per month for one year. Property was bought few years back and it appraised at 1.1M
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Additional Information
- Taxes
- $6,359
- Zoning
- C-2
- Flooring
- Concrete
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Parking Features
- Paved, Free
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Listing courtesy of Listing Agent: Artem G Grigoryan () from Listing Office: HomeSmart.
Selling Office: West USA Realty.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.