$395,000
438 N 16TH Street
Phoenix, AZ 85006
MLS# 6701483



438 N 16TH Street, Phoenix, AZ 85006
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438 N 16TH Street, Phoenix, AZ 85006 438 N 16TH Street, Phoenix, AZ 85006

Property Description
This commercial property is zoned C-2, intermediate commercial district, allowing for numerous uses from retail to auto repair. There is an 819 sq ft building on a 6,920 sq ft lot, that has ample room for expansion or customization. There is a concrete paved back area with steel framework for additional workspace or outdoor seating. Currently there is a window tint business renting on a month to month basis. The property includes essential utilities and updated plumbing and electrical and is in a prime location near downtown Phoenix, with high visibility.

Details
Maps
Contract Info
Current Price: $395,000
List Price: $395,000
Status: Active
List Date: 2024-05-06
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 438
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3709
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 22 BARKLEY PLACE MCR 000716
Subdivision: BARKLEY PLACE
Assessor's Map #: 18
Assessor's Parcel #: 21
Add'l Parcels: No
Assessor Number: 116-18-021
Census Tract: 113201
Legal: LOT 22 BARKLEY PLACE MCR 000716
Tax Municipality: Phoenix
Taxes: 1656
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 820
# of Buildings: 1
Year Built: 1921
Zoning: C-2
Remarks & Misc
Cross Street: McDowell & 16th
Directions: South on 16th, accross I 17 to the property on the West side of the street
Geo Lat: 33.454321
Geo Lon: -112.048063
Status Change Info
Status Change Date: 2024-05-06
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 22
Income & Expenses
Owner Association: No
Operating Exp: 1656
Net Operating Income: 1750
Pmt & Rate Info
Cap Rate: 0.44
Equity: 395000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Industrial; Office
Current Use: Mixed Use; Service Business
Stories: 1 Story
Construction: Frame - Wood
Roofing: Built-Up
Floors: Vinyl; Ceramic Tile
Ceiling Height: 8 Feet or Less
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: None
Interior: Finished
Fencing: Block
Parking: Public Parking
Electric: APS
Gas: None
Water: Individual Meter
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Roads/Streets: Asphalt
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm; Appraisal
Environmental: None

Listing Office: eXp Realty

Last Updated: May - 06 - 2024

438 N 16TH Street, Phoenix, AZ 85006 - MLS# 6701483
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