2310 N 16th Street, Phoenix, AZ 85006

$2,500,000
12,027
SqFt

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List Price
$2,500,000
Status
ACTIVE
Days on Market
28
MLS#
7054768
Subtype
Comm/Industry Sale
Year Built
1970
Living Area
12,027
Lot Size
26,954
Acres
0.62
Subdivision
Susan Place

Property Description

Tucked into Midtown Phoenix near the historic Coronado District, 2310 N 16th St gives an owner-user a large, centrally located retail building on a site with dedicated parking that most retail in the corridor does not have. The larger space, at 10,527 SF, is a general-purpose retail space delivered vacant at close, ready for an owner to occupy. The smaller 1,500 SF space operates as a bar and lounge that has anchored this stretch of 16th Street since 1976 and generates approximately $36,000 in annual income. The site spans 0.619 acres with 30 surface parking spaces. The property is zoned C-2/R-4, with the majority under the C-2 commercial designation. The result is a unique opportunity for an owner-user to occupy the bulk of the building while the smaller unit contributes income that help

Additional Information

Taxes
$15,398
Zoning
C2
Flooring
Other
Heating
Ceiling
Exterior Construction
Concrete
Parking Features
Open, Paved

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

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