$450,000
Phoenix, AZ 85006
MLS# 6571444
1 / 11
Property Description
Prime Commercial Development Opportunity in Downtown Phoenix! Welcome to 1502 E Van Buren St, an exceptional piece of raw land located in the heart of Downtown Phoenix. This strategically positioned property offers an incredible opportunity for commercial development, boasting a coveted C-3 zoning designation for versatile mixed-use possibilities. Spanning a generous parcel of land, this blank canvas presents endless potential for investors, developers, and entrepreneurs looking to make their mark in the bustling city center. With its prime location on Van Buren Street, one of the city's major thoroughfares, this property enjoys excellent visibility and high traffic exposure.
Details
Maps
Contract Info
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2023-06-21
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 1502
Compass: E
Street Name: VAN BUREN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 6 BLOCK 1 CLOVIS PLACE MCR 000706
Subdivision: CLOVIS PLACE
Assessor's Map #: 18
Assessor's Parcel #: 27
Add'l Parcels: No
Assessor Number: 116-18-027
Census Tract: 113201
Legal: NA
Tax Municipality: Phoenix
Taxes: 1372
Tax Year: 2022
General Property Description
Year Built: 1986
Zoning: C3
Flood Zone: No
Remarks & Misc
Cross Street: 16TH ST AND VAN BUREN
Geo Lat: 33.451698
Geo Lon: -112.04877
Status Change Info
Status Change Date: 2023-06-21
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 6
Income & Expenses
Owner Association: No
Pmt & Rate Info
Equity: 450000
Property Features
Building Type: Other (See Remarks)
Current Use: Other
Stories: Other (See Remarks)
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8 Feet or Less
Heating: Other
Cooling: Other
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: None
Parking: None
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Railroad: Other (See Remarks)
New Financing: Cash Only
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Sidewalk(s); Alley
Reports/Disclosures: None
Use Restrictions: Other (See Remarks)
Environmental: None
Supplements
The C-3 zoning classification allows for a wide range of commercial uses, including retail spaces, office buildings, restaurants, hotels, and more. Take advantage of the area's vibrant atmosphere and the growing demand for businesses in Downtown Phoenix.
In addition to its commercial advantages, this property benefits from its proximity to a variety of amenities and attractions. Enjoy easy access to popular restaurants, entertainment venues, shopping destinations, and cultural landmarks, all within walking distance or a short drive away.
Invest in the future of Downtown Phoenix and seize the opportunity to shape the city's landscape with this exceptional commercial development site. With its prime location, C-3 zoning, and unlimited potential, 1502 E Van Buren St is the perfect investment for those seeking to capitalize on the thriving urban growth.
Don't miss out on this rare chance to transform this raw land into a lucrative commercial venture. Act now and make your mark on the vibrant landscape of Downtown Phoenix!
Listing Office: Limitless Real Estate
Last Updated: April - 01 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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