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Bob Nathan

bob.nathan@engelvoelkers.com +1(480) 695-6031

$ 995,000

Est. payment -/mo

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Price Dropped by $100K

709711 S 3RD Street #- Phoenix, AZ 85004

0.33 Acres Lot

UPDATED:

10/10/2024 09:26 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Linvilles Addition Unnumbered

MLS Listing ID 6764459

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $747

Tax Year 2023

Lot Size 0.334 Acres

Acres 0.33

Lot Dimensions 142 x 103

Property Description

709 S. 3rd Street features a duplex built in 1936 on a double lot with DTC-WARE zoning in an Opportunity Zone. There are the variety of commercial uses allowed (office, retail, restaurant/bar, hospitality, medical, storage, light manufacturing, etc). Total lot size is 14,528 sq feet, which includes 2 parcels (112-32-057 & 112-32-074). With the ability to remodel the existing multi-family or redevelop the property, there is no limit on potential. The property is half a block to the new Suns/Mercury headquarters, over $130mill in investment and within blocks of Galvanize, Footprint Center, Chase Field and greater downtown Phoenix. Whatever your project needs, the Warehouse Character Area offers a ton of flexibility while being close to transit and the heart of the city.

Location

State AZ

County Maricopa

Community Linvilles Addition Unnumbered

Zoning DTC-WARE

Direction From 7th Street, head east on Grant to 3rd Street. Left on 3rd Street and head south to property on east side of road.

Exterior

Fence Other

Waterfront No

Topography Level

Building

Lot Description East/West Exposure, Historic District

Sewer Sewer-In & Connected

Water City Franchise

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 112-32-057

Acceptable Financing 1031 Exchange, Conventional

Horse Property N

Listing Terms 1031 Exchange, Conventional

Listed by eXp Realty

Bob Nathan

Global Private Office Advisor & Associate Broker | License ID: BR006110000

+1(480) 695-6031

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