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261 E UNIVERSITY Drive Phoenix, AZ $ 7,500,000
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$ 7,500,000 Get more info
261 E UNIVERSITY Drive
$ 7,500,000
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261 E UNIVERSITY Drive

Phoenix, AZ, 85004
$ 7,500,000
Baths0.0 Sq 45,907

Monthly Estimate*

$ 52,390

261 E UNIVERSITY Drive, Phoenix, AZ 85004 - Image 1
261 E UNIVERSITY Drive, Phoenix, AZ 85004 - Image 2
261 E UNIVERSITY Drive, Phoenix, AZ 85004 - Image 3
261 E UNIVERSITY Drive, Phoenix, AZ 85004 - Image 4
261 E UNIVERSITY Drive, Phoenix, AZ 85004 - Image 5
Studio

Commercial Property for sale in Phoenix, AZ

for $7,500,000. This 45,907 square foot building was built in 1979 on a lot size of 3.47.

BACK ON THE MARKET 2/26/24 - Great location just south of downtown Phoenix ** Former manufacturing facility with lots of power (2,000 amp PLUS 1,200 amp) ** Eight dock high doors and three grade level roll-ups (two 12 ft and one 14 ft) ** Small office/kitchenette ** Storage shed plus two covered sheds **

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Commercial Active

Price

$ 7,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,382

Style

Comm/Industry Sale

Lot Size

3.47

Year Built

1979

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6636923
Features
General
Sewer Public Sewer
Heating Other
Cooling Office Evap Wall/Window Unit(s)
Roof Rolled/Hot Mop
Zoning L-1 A-1
Construction Materials Metal Siding
Year Built 1979
Electric APS
Township 1N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 0.0
Business Type Other
County Maricopa
Net Operating Income 0.0
Operating Expense 34382.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name TRENDWOOD INCORPORATED
Building Features Other (See Remarks)
Status Active
Directions From 7th Street and University west to property
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N N
Open Parking Spaces 0.0
Lot Size Square Feet 151094.0
Carport Y/N N
Street Name UNIVERSITY
Tax Annual Amount 34382.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 88
Structure Type Commercial Manufacturing Distribution/Warehse
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Concrete
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Chain Link
Parking Features Private Parking
Water Source City Franchise
Total Parking 25.0
Lot Size Area 151094.0
Number of Buildings 4
Spa N
Lot Dimensions irregular
Lot Size Acres 3.47
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 25.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 261
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* Excluded Features
List By
Realty Executives

Broker

rjpadelfordccim@gmail.com

Email

Affordability Calculator

$55,255
Per Month
95%
5%
0%
Monthly Principal & Interest
$52,390
Monthly Property Taxes
$2,865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/5/2023$7,500,000 Listed Price

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261 E UNIVERSITY Drive, Phoenix, AZ, 85004 is a Commercial Property for sale at $7,500,000 with 45,907 sqft and a lot size of 3.47. 261 E UNIVERSITY Drive is a studio with 0.0 baths and was built in 1979. The property's zip code is 85004 which is in Phoenix, AZ

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