$2,100,000
702 W DUNLAP Avenue
Phoenix, AZ 85021
MLS# 6677062



702 W DUNLAP Avenue, Phoenix, AZ 85021
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702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021 702 W DUNLAP Avenue, Phoenix, AZ 85021

Property Description
702 West Dunlap Avenue is an amazing commercial kitchen / office investment property offered below replacement cost. The property is located at the north end of the coveted North Central Phoenix submarket. It is located at the intersection of two major arterial streets and is approximately 2 miles to the I-17 to the west and about 3 miles to the SR-51 Freeway to the east. If you want to be centrally located to everything you could want and need in the Phoenix area, North Central Phoenix is the place to be. Beautiful, historic streets are lined with mature trees, adding shade and a Midwestern feeling unique to this desert metropolis. Central Avenue, a half mile east of the property...

Details
Maps
Contract Info
Current Price: $2,100,000
List Price: $2,100,000
Status: Active
List Date: 2024-03-14
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 702
Compass: W
Street Name: DUNLAP
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 3529
Country: USA
County Code: Maricopa
Legal Description (Abbrev): S 190' OF E 190' OF SE4 EX S 40' & E 40' & EX 15' X 15' TRI IN SE COR TH/OF P/D 5551/593
Subdivision: FOOTHILL ACRES LOTS 1-10
Assessor's Map #: 31
Assessor's Parcel #: 29
Assessor Parcel Ltr: H
Add'l Parcels: No
Assessor Number: 158-31-029-H
Census Tract: 104501
Legal: S 190' OF E 190' OF SE4 EX S 40' & E 40' & EX 15' X 15' TRI IN SE COR TH/OF P/D 5551/593
Tax Municipality: Phoenix
Taxes: 12906
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 10120
# of Buildings: 1
Year Built: 1976
Zoning: C1
Remarks & Misc
Cross Street: 7th Avenue and Dunlap Ave
Directions: Property is located on NW Corner.
Geo Lat: 33.567854
Geo Lon: -112.082914
Status Change Info
Status Change Date: 2024-03-14
Legal Info
Township: 3N
Range: 3E
Section: 30
Income & Expenses
Owner Association: No
Pmt & Rate Info
Equity: 2100000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Current Use: Mixed Use; Retail; Other; See Remarks
Stories: 2 Stories
Construction: Block; Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet
Heating: Other
Cooling: Other
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Fencing: Other
Amenities: Other (See Remarks)
Parking: Private Parking; Paved Parking; Other (See Remarks)
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Supplements
...it is laced with historic sites, carves throughout the area giving residents easy access to just about anywhere else in the city. The walkable, quaint lifestyle beckons to those looking for city amenities but suburban life. From the farmers market, to the miles of hiking paths running right through the center of town, it is clear why North Central Phoenix is one of the fastest growing parts of town. 702 West Dunlap Avenue is a solidly constructed, 10,120+/- (buyer to verify) SF building, built in 1976 and upgraded over time. The property contains two commercial kitchens with two grease traps and a type one hood. Recent upgrades include all new commercial grade Trane air conditioning units (approximately 2020), 1200 AMP three phase electrical, and new roof. The property sits on over a half acre of land. The original intent was for the property to be a mid-rise building, so the building was "over-built" with CMU block construction, etc. It is a very solidly constructed building and the offering price is well below replacement cost.

Listing Office: ABI Multifamily

Last Updated: March - 14 - 2024

702 W DUNLAP Avenue, Phoenix, AZ 85021 - MLS# 6677062
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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