For Sale
$480,000

Glendale 85301 Glendale, AZ 85301

Prime AZ Investment Opportunity: 10-Resident Capacity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 1-unit, single-story assisted living or behavioral health home in Glendale, Arizona. Built in 1960, the property boasts 1,935 square feet of well-maintained space, situated on a single lot in Maricopa County, zip code 85301. The property is zoned for residential single-family adult care homes, offering a solid foundation for continued operation or repurposing. The home's interior features four spacious bedrooms, an office, an air-conditioned bonus room, an open kitchen, and remodeled bathrooms equipped with roll-in showers and grab bars. Modern security is in place with cameras and a monitoring system throughout the building. The asking price is $480,000, translating to $248.06 per square foot and $480,000 per unit. This property presents a unique chance to acquire a well-located, established facility with significant potential for growth and return on investment in a thriving Arizona market. The property's previous use as a licensed assisted living and behavioral health home for up to 10 residents provides a clear understanding of its operational capacity and potential. Its convenient Glendale location offers easy access to essential amenities and services, further enhancing its appeal to potential residents and investors alike. This is a rare opportunity to acquire a turnkey operation or a solid foundation for a new venture in a high-demand sector.

Highlights

  • $480,000 asking price for a 1,935 sq ft multifamily property in Glendale, AZ.
  • Property is a Class B, single-story building constructed in 1960.
  • Zoned for residential single-family adult care homes.
  • Features four bedrooms, an office, bonus room, and remodeled bathrooms.
  • Previously licensed as a 10-resident assisted living and behavioral health home.

Property Details for 0 Glendale 85301

Property type
Commercial real estate
Square Feet
1,935 SF
Class
B
Year Built
1960
Buildings
1
Stories
1
Units
1

Location Insight

City
Glendale
County
Maricopa
State
Arizona
Latitude
33.5349253
Longitude
-112.1847509

FAQs

What type of property is this?
Commercial real estate - Prime AZ Investment Opportunity: 10-Resident Capacity
Where is the commercial real estate located?
The property is located at Glendale 85301 Glendale, AZ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: $480,000 asking price for a 1,935 sq ft multifamily property in Glendale, AZ.; Property is a Class B, single-story building constructed in 1960.; Zoned for residential single-family adult care homes.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Glendale 85301
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