314-26 N 16TH Street, 34, Phoenix, AZ 85006 (MLS# 6681845)

$875,000
314-26 N 16TH Street, 34
Phoenix, AZ 85006
MLS# 6681845

314-26 N 16TH Street, 34, Phoenix, AZ 85006
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314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006 314-26 N 16TH Street, 34, Phoenix, AZ 85006

Property Description
Close to 30,000 sf four contiguous lot assemblage that is perfectly positioned. 314, 318, 322, 324 N. 16th St make up the package. Located next to the Historic Garfield District at 16th St/Van Buren St. Commercial use or development play or both. Each lot is 7368 sf with a total of 29,472 sf. Attractive Seller Financing Possible. The lots are surrounded by alleyways on two sides. Strong traffic numbers on a high visibility street for this development opportunity in the middle of it all. The site is close to Downtown Phoenix (1.5 miles), the Downtown ASU Campus (1 mile), and Sky Harbor Airport (2.3 miles). Used car lot most recent use. Could lease out for income and/or develop, providing flexibility. Gentrification is in full swing.

Details
Maps
Contract Information
Current Price: $875,000
List Price: $875,000
Status: Active
List Date: 2024-03-18
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: N
Location, Tax & Legal
House Number: 314-26
Compass: N
Street Name: 16TH
St Suffix: Street
Lot #: 34
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3706
Country: USA
County Code: Maricopa
Assessor's Map #: 18
Assessor's Parcel #: 55
Add'l Parcels: Yes
Assessor Number: 116-18-055
Legal Description (Abbrev): LOT 34 CLOVIS PLACE MCR 000706
Subdivision: CLOVIS PLACE
Census Tract: 113201
Tax Municipality: Phoenix
Taxes: 5000
Tax Year: 2023
Marketing Name: Garfield Lot Assemblage
General Property Description
Apx Total Acres: 0.68
Apx Total Acres G/N: G
Price Per Acre: 1286764.71
Apx SqFt: 29472
Price Per SqFt: 29.69
Apx SqFt G/N: G
Zoning: G-C
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 16th St & Van Buren
Geo Lat: 33.451994
Geo Lon: -112.048076
Status Change Info
Status Change Date: 2024-03-24
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 34
Pmt & Rate Info
Equity: 875000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Packaged Lot
Zoned Presently: Commercial; Other (See Rmks)
Potential Use: Multi-Family; Commercial; Industrial; Retail; Other; See Remarks
Parcel Size: .50 - .99 Acres
Current Density: Other (See Rmks)
Proposed Density: Other (See Rmks)
Development Status: Raw Land; See Remarks
Land Features: East/West Exposure; Other; See Remarks
Elevation: 1,001 - 2,000 Ft
Elevation Source: Other (See Remarks)
Vegetation: Other
Land Configuration: Square Rectangular
Roads/Streets: Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s); Alley
Road Responsibility: City Maintained Road
Traffic Count: 25,001 to 35,000
Freeway/Highway: Up to 1 Mile
Railroad: Other (See Rmks)
Topography: Level
Existing Structures: Other
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS
Gas: Other (See Rmks)
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; Seller May Carry; Other (See Rmks)
Use Restrictions: Other (See Rmks)
Reports/Disclosures: Other (See Rmks)
Environmental: None
Lockbox Type: None
Fencing: Block; Chain Link; Partial

Listing Office: Better Homes & Gardens Real Estate SJ Fowler

Last Updated: April - 29 - 2024

314-26 N 16TH Street, 34, Phoenix, AZ 85006 - MLS# 6681845

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Tuesday 14th of May 2024 09:15 AM