This exceptional 7,206 square foot commercial property, located at 12200 N 111th Ave in Youngtown, Arizona (zip code 85363), presents a unique investment opportunity. Built in 1962, this single-story building sits on a sizable 22,800 square foot lot and boasts a C-1 zoning permit. The property features a spacious main floor with four offices, restrooms, ample storage, and a grand show floor area with vaulted ceilings ranging from 10.1 to 28 feet in height. A separate private office suite offers added privacy, including its own entrance, reception area, and restrooms. Further enhancing its versatility, a second area includes four more offices, a kitchen, bathrooms, and additional storage, accessible via a separate entrance. The property includes twenty-nine covered parking spaces. The asking price is $1,650,000, translating to $228.98 per square foot. The property is sold as-is. Its prime location between Sun City Golf Course and Maricopa Lake Park offers excellent visibility and accessibility. The adaptable floor plan allows for various uses, including retail, warehouse, sales center, or other commercial ventures. This property offers immediate occupancy for new tenants, potential for higher rental rates, and the flexibility to renovate and reposition for optimal return on investment. The favorable market conditions and low vacancy rates present a strong opportunity for a quick return.
Highlights
Immediate occupancy for new tenants.
Opportunity to reposition the property for optimal ROI.
Potential for higher rental rates.
Flexibility to renovate and add value.
Favorable market conditions and low vacancy rates.
Desirable location near Sun City Golf Course and Maricopa Lake Park.
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Contacts
Melvin White
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12200 111Th Ave, Youngtown, Arizona, 85363
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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12200 111Th Ave
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