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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

1825 E Northern Avenue, Phoenix, AZ – $7,500,000

  • $7.5M Price
  • 29,800 Sqft
  • $7.5M Price
  • 29,800 Sqft

1825 E Northern Avenue

Don't miss out on a rare opportunity to own the landmark Vista De Loma buildings. This 30,000 SF, mission-style commercial office complex consists of 3 buildings and is located at 1825 E Northern Ave in North Central Phoenix. It is a multi-tenant project and fully occupied with 1-3 year gross leases and professional management in place, offering steady rental income and an attractive return on investment. Most exciting, however, is the pre-existing, high-density multi-family, R-5 zoning designation. At over a 5 cap including professional management and a full time maintenance employee, the potential for redevelopment is palpable. Situated on a spacious 2.44-acre plot of land, the lot boasts unbeatable views of Piestewa Peak and is located in one of the most desirable areas in Phoenix.

Essential Information

  • MLS® #6614774
  • Price$7,500,000
  • Bathrooms0.00
  • Square Footage29,800
  • Acres0.00
  • Year Built1984
  • TypeComm/Industry Sale
  • Sub-TypeCommercial, Office
  • StatusActive

Community Information

  • Address1825 E Northern Avenue
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85020

Amenities

  • Parking Spaces123

Parking

Other (See Remarks), Paved Parking, Public Parking, Free

Interior

  • HeatingElectric
  • CoolingOffice A/C

Exterior

  • RoofBuilt-Up
  • ConstructionFrame - Wood

Additional Information

  • ZoningR-5

Listing Details

  • OfficeAXIS Property Advisors
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AXIS Property Advisors.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 28th, 2024 at 6:30pm MST.