2431 E Van Buren St, Phoenix AZ 85008

2431 East Van Buren Street

Industrial/Warehouse Sold - AZ

OFFERING SUMMARY

• 2431 E Van Buren St, Phoenix AZ 85008
• Year Built:  1958
• Building Size:  14,533 sq ft
• Property Name:  2431 East Van Buren Street
• Sale Price:  $849,900.00
• Price PSF:  $58.48
• Land Size:  0.48 acres
• Property Type:  Industrial Building
• Type: Owner User
• Zoning:  C3
• Parcel #:  121-63-002
• Parking Ratio:  2.27/1,000 SF

Commercial building available for sale in Phoenix, AZ.  2431 E Van Buren is a former Deer–O Salsa manufacturing building, with many use opportunities. The property is located on the corner of 24th St Place and Van Buren across the street from the Arizona State Hospital Facility, Arizona State Prison Complex. The property is also less than 1000ft from the Light Rail stop at Washington and 24th St, and located within a federal Opportunity Zone, eligible for the benefits of such zoning.

The property is of solid brick construction, flat foam roof, fire sprinklers throughout, with a small gated yard area. The property also has 5 private restrooms, showers, a small kitchen, 6 private offices, and various larger open areas that would serve well as office space, or production areas. The property has HVAC cooling throughout.

The property is currently zoned C-3 one of the most diverse and accommodating zoning districts in the city which allows uses from automotive, dance halls, cabinet shops, cold storage, manufacturing, equipment rental, food processing, grocery, hardware, storage, office, administrative, retail sales, machine shops, pet care including animal housing, plant nursery, private clubs, restaurant, bars and lounges, school, fabrication, and wholesale.

If operated as a retail building the property has easy access to bus stops, light rail stops, and other public transit. The property has retail frontage on a main road. The property is located centrally in the valley with easy access to freeways and downtown Phoenix. Demographics in this area are focused in the lower income brackets.

If operated as an office property, the 2 levels of space and large open areas would serve any tenancy well in an open, loft like, office environment with 6 private offices, a small kitchen.

If operated as an industrial building, the property has a secure yard, 4 large openings for moving things in and out, and one large room with 16ft clear height ceilings.