1890 E Indian School Rd - Light Distribution FOR SALE


Phoenix, AZ 85016- Biltmore
$2,700,000 USD
602-677-4164
1890 E Indian School Rd, Phoenix, AZ for Sale
$2,700,000 USD
Light Distribution - FOR SALE
1/2
null | Request Cap Rate

1890 E Indian School Rd
Phoenix, AZ 85016
Biltmore


OVERVIEW

1890 E. Indian School Road C-2 Office-Warehouse-Retail Location, Location, Location!!! Ideal opportunity for an owner/user investment property located at 1890 East Indian School Road (aka 4108 N 19th Street) including 4112 N 19th Street as additional parking, well suited for a number of uses. This property boasts a 15280 sq ft building with ~ 6080 sq ft Office 1000 sq ft of useable Loft and 8200sq ft storage, 27,800 + SF lot with a fenced and gated yard and upgraded offices, consistently and well maintained by the current owner. Price includes additional parking next door (parcel 163-29-073). Only seconds from SR 51 with Indian School Frontage, this strategically located property is perfect for either investors or owner/user. Just a block from the 51 highway, with access from either Indian School Road or 19th St, this property is both highly visible as well as accessible. With ample parking, multiple roll-up doors, a secured yard space and C2 Zoning, it offers the potential for a variety of commercial uses as well as a terrific investment opportunity. There is a current lease in place until July 30, 2026, providing a short term income stream. Priced at $2,700,000.00, this property is poised to increase in value as the Metropolitan Phoenix area continues to benefit from an increasing population and a variety of new business ventures. Centrally located with access to all parts of the valley, it offers a tremendous opportunity. Seller will carry with 20% down, 10% interest only up to five years, no prepayment penalty. Call or text Jim Speros (Owner Representative) for more information or to schedule a showing. 602-920-2557 KEY POINTS • OWNER/USER INVESTMENT OPPORTUNITY • FRONTAGE ON HIGH TRAFFIC INDIAN SCHOOL ROAD • LOCATED LESS THAN A BLOCK FROM THE 51 HIGHWAY • EAST AND WEST ACCESS OFF INDIAN SCHOOL ROAD • AMPLE PARKING • ROLL-UP DOORS & FENCED YARD • TENANT LEASE IN PLACE UNTIL JULY 30, 2026 • SELLER FINANCING BASE INFORMATION ASKING PRICE: $2,700,000 LAND AREA: 0.64 ACRES BUILDING AREA: 15,280 SF ZONING: C-2 APN: 163-29-075B & 163-29-073

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.64

LAND SF

27,878

ZONING

C-2, Phoenix

APN/PARCEL ID

163-29-073,163-29-075B

ASK ABOUT THIS PROPERTY

Kimberly SperosTopDog RealtyMore Info
602-677-4164

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Kimberly SperosTopDog RealtyMore Info
602-677-4164

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