438 N 16TH Street Phoenix, AZ ^$ 395,000

438 N 16TH Street

^$ 395,000

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438 N 16TH Street

Phoenix, AZ, 85006

^$ 395,000

Studio Baths0.0 Sq 820

Monthly Estimate*

^$ 2,625

438 N 16TH Street, Phoenix, AZ 85006 - Image 1

438 N 16TH Street, Phoenix, AZ 85006 - Image 2

Studio

Commercial Property for sale in Phoenix, AZ

for $395,000. This 820 square foot building was built in 1921 on a lot size of 0.16.

This commercial property is zoned C-2, intermediate commercial district, allowing for numerous uses from retail to auto repair. There is an 819 sq ft building on a 6,920 sq ft lot, that has ample room for expansion or customization. There is a concrete paved back area with steel framework for additional workspace or outdoor seating. Currently there is a window tint business renting on a month to month basis. The property includes essential utilities and updated plumbing and electrical and is in a prime location near downtown Phoenix, with high visibility.

Commercial Active

Price

^$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,656

Style

Comm/Industry Sale

Lot Size

0.16

Year Built

1921

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6701483

Features

General

Sewer Public Sewer

Heating Heat Pump

Cooling Central A/C

Roof Built-Up

Zoning C-2

Construction Materials Frame - Wood

Year Built 1921

Electric APS

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Business Type Service Business Mixed Use

County Maricopa

Net Operating Income 1750.0

Operating Expense 1656.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name BARKLEY PLACE

Status Active

Directions South on 16th accross I 17 to the property on the West side of the street

City Phoenix

Buyer Agent Compensation 3.00

Disclosures Seller Prop Disc Stm Appraisal

View Y/N N

Open Parking Spaces 0.0

Lot Size Units Square Feet

Lot Size Square Feet 6920.0

Carport Y/N N

Street Name 16TH

Tax Annual Amount 1656.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 30

Structure Type Commercial Industrial Office

Standard Status Active

Occupancy Type Tenant

Tax Lot 22

Cap Rate 0.44

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Ceramic Tile Vinyl

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Block

Parking Features Public Parking

Water Source Individual Meter

Total Parking 0.0

Lot Size Area 6920.0

Number of Buildings 1

Spa N

Lot Size Acres 0.16

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 438

* Excluded Features

List By

Exp Realty

Broker

karen.price@eXprealty.com

Affordability Calculator

$2,763

Per Month

Monthly Principal & Interest: $2,625
Monthly Property Taxes: $138
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,966,096

Percent of Sale Price 398%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$395,000		Listed Price

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438 N 16TH Street, Phoenix, AZ, 85006 is a Commercial Property for sale at $395,000 with 820 sqft and a lot size of 0.16. 438 N 16TH Street is a studio with 0.0 baths and was built in 1921. The property's zip code is 85006 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/7/2024.

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438 N 16TH Street

Commercial Property for sale in Phoenix, AZ

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