4238 7Th AvePhoenix, AZ 85013

  • Other commercial real estate
  • 0.15 AC
For Sale
$1,995,000 View listing

Property Details for 4238 7Th Ave

Lot size
0.15 AC
Zone code
C-2
Property type
Other commercial real estate
APN
155-39-012
APU
15539012

Description

This exceptional Phoenix investment opportunity presents a unique 8,100-square-foot retail property located at 4238 N 7th Ave, in the vibrant Melrose District, zip code 85013, Maricopa County, Arizona. Priced at $1,995,000 ($246.30/sq ft), this single-story building sits on a C-2 zoned lot and offers a versatile layout suitable for a variety of uses, including a bar, convenience store, or quick-service restaurant (QSR). The entire 8,100 square feet is net rentable, providing maximum space utilization for your business. A valuable bonus feature is the inclusion of a mezzanine level, adding extra space for storage, office areas, or even expanded customer seating. Further enhancing the property's appeal is a fenced backyard, offering potential for outdoor seating, storage, or additional development. This property represents a strong investment opportunity in a thriving Phoenix neighborhood. The location within the Melrose District provides excellent visibility and accessibility, ensuring high foot traffic and potential for significant returns. Don't miss this chance to acquire a versatile and well-situated retail property in a prime Phoenix location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,639,615
    Hospitality
    $1,501,878
    Educational
    $1,249,545
    Medical
    $1,292,519
    Retail
    $1,943,737
4238 7Th Ave, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4982
Longitude
-112.084
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,573
-
-
$24,750
-
$150,000
-
$150,000

FAQs

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