250 Pinkley Ave Coolidge, AZ 85128

This 2,458 sq ft Class B office building in Coolidge, Arizona, presents a compelling owner-user investment opportunity. Completely renovated in 2023, the property boasts a fresh exterior with new lighting and paint, and a welcoming interior featuring a spacious reception area, two large rooms suitable for classrooms or conference areas, and five private offices. All offices feature modern paint, flooring, and energy-efficient LED lighting. Abundant natural light fills one large room thanks to floor-to-ceiling windows overlooking a private courtyard. The gated courtyard connects to a 20-space parking lot. A fully equipped kitchen with stainless steel appliances, a storage room, two bathrooms, an alarm system, and two air conditioners add to the building's functionality and comfort. Situated on a 10,458 sq ft lot with C-2 zoning, this single-story building offers significant potential. The asking price is $385,000, representing a price per square foot of $156.63 and a pro-forma cap rate of 9.35%. The property is currently vacant with an occupancy date of August 21, 2024, and a pro-forma NOI of $36,000. Built in 1962, this meticulously renovated building is ready for immediate occupancy. The property's location in an Opportunity Zone adds further investment appeal. This is a fee-simple ownership opportunity. The APN is 205-05-178.