1806 W Sherman St - Industrial FOR SALE


Phoenix, AZ 85007- Central City South
$324,900 USD
602-418-0350
1806 W Sherman St, Phoenix, AZ for Sale
$324,900 USD
Industrial - FOR SALE
1/15
null | 9.23% Cap Rate

1806 W Sherman St
Phoenix, AZ 85007
Central City South


HIGHLIGHTS

  • Renovated

OVERVIEW

Contractor yard with office. Zoned C-3 with a ton of upside and just a tremendous opportunity for an owner user or an investor with an aggressive price point. The building could serve as office space for admin while most similar properties in the area utilize the lot in the back for parking or storage. Typical rents for this property type start at $2,500 per month NNN as seen in the proforma. The building has front parking area with freshly painted interior and exterior, new LVP flooring, updated plumbing, and a new roofing system. There is a wealth of space in the rear to add shipping containers or build a small warehouse for extra storage. The interior of the building features tile flooring, a private, full bathroom, open kitchenette, aluminum windows, and a patio.

FOR SALE DETAILS

PRICE

$324,900 USD

PRICE/SF

$488 USD /SF

CAP RATE

9.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

C3 - Contractor Yard with Office

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Auto Repair, Warehouse, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,534

ZONING

C3

APN/PARCEL ID

112-09-156

ASK ABOUT THIS PROPERTY

Keith GraysonGrayson Real EstateMore Info
602-418-0350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Keith GraysonGrayson Real EstateMore Info
602-418-0350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.