For Sale
$3,000,000

4802 59Th AvePhoenix, AZ 85033

16,676 SF, 5.75-acre campus, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 16,676 square foot property, situated on a generous 5.75-acre lot (250,569 square feet) in Phoenix, Arizona, presents a unique investment opportunity. Previously utilized as the Maryvale Bridge United Methodist Church, the property boasts three distinct buildings constructed in 1962 and interconnected by walkways. The main sanctuary building encompasses approximately 5,552 square feet, featuring distinctive ceilings and stained-glass windows. Two additional buildings, totaling approximately 11,124 square feet, include a commercial kitchen, classrooms, and offices. The property features a large parking area accessible from 59th Avenue, along with a basketball court and playground. With 293 feet of frontage on Camelback Road, the property offers significant potential for future development. The property is zoned R 1-6 and has a Maricopa County APN of 144-72-198E. The buildings are constructed of concrete masonry units (CMU) with flat and partially built-up roofs. Cooling is provided by both roof-mounted and floor-based air conditioning systems. Currently, the occupancy is at 10%, generating a net operating income (NOI) of $100,000. The asking price is $3,000,000, representing a price per square foot of $179.90. The lease type is modified, with multi-tenancy and month-to-month lease options available.

Highlights

  • 4802 N. 59th Avenue, Phoenix, AZ 85033
  • Built in 1962
  • Totaling 16,676 square feet, the property includes a 5,552 sq ft sanctuary, 6,660 sq ft of classrooms, and 4,464 sq ft of office and classroom space.
  • $3,000,000 asking price ($179.90/SF)
  • C-2 Zoning
  • Single-story building

Property Details for 4802 59Th Ave

Property type
Specialty properties, Churches & religious facilities
Square Feet
16,676 SF
Year Built
1962
Buildings
3
Stories
1

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.507892918521
Longitude
-112.18641235312
4802 59Th Ave, Phoenix, Arizona

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4802 59Th Ave
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