1842 Washington StPhoenix, AZ 85034

Property Details for 1842 Washington St

Lot size

0.18 AC

Zone code

C-G

Property type

Commercial land

APN

115-03-072

APU

11503072

Description

This exceptional 0.36-acre commercial lot in Phoenix, Arizona, presents a remarkable investment opportunity. Located at 1842 E Washington St, in the heart of Maricopa County, this property boasts a highly desirable C3 zoning designation, suitable for a wide range of commercial uses. The asking price is $590,000, and offers are considered. Included in the sale price are approved city permits and pre-paid plans for a 5,000 square foot warehouse. The property features existing walls on the east and west sides, a wall with a 30-foot gate at the rear, and a fenced front. Essential utilities are readily accessible: a water meter is on-site, an electric request is in place with APS, and the electric panel is ordered and paid for. A sewer tap is conveniently located just 5 feet from the property line. This prime location offers unparalleled convenience, situated just two miles from Phoenix Sky Harbor International Airport and downtown Phoenix, and a quarter-mile from interstate ramps. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential in a thriving urban area.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,691,680

  Retail / Commercial

  $1,345,860

  Mixed-Use / Specialty

  $1,313,940

  Hospitality / Lodging

  $928,689

  Office

  $1,277,890

  Institutional / Educational

  $1,356,280

  Residential Income

  $1,586,850

  Multifamily

  $2,053,530

  Automotive / Energy

  $1,162,520

  Parking / Income-Based Land

  $427,968

  Restaurant / Food Service

  $625,512

  Healthcare / Senior Housing

  $1,375,240

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4487

Longitude

-112.042

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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