Skip To Content

    3237 W Lincoln Street

    Phoenix, AZ 85009
    • $1,580,000
    • STATUS: Active
    • ON SITE: 240 days
    • MLS #: 6149102
    UPDATED: 65 min ago
    $1,580,000
    • 0
      BEDS
    • 0.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,056
      SQFT
    • $768
      $/SQFT
    Type:
    Commercial
    Built:
    1915
    County:
    Area:

    School Ratings & Info

    Description

    Cap Rate 10.5% Zoned A-1 by THREE Major Freeways! 0.903 acres 39,363 sq ft. 8 tenants in the past 2 years property has been at FULL occupancy. All tenants have a 1 month rent as deposit. Except tenant #8 with no deposit. Property has 85% concrete and 15% asphalt.*Rentals are with annual lease agreements with 5% increase per year.-Tenant #1 (Auto Part Sales) rents $5,460 a month; -Tenant #2 (Car Dealer) $1,100 a month; Tenant #3 (Granite) $1,313 a month- Tenant #4 (Car Paint Shop) w equipment rents $3,000 a month- Tenant #5 (Car Dealership) $1,050 a month- Tenant #6 (Car Dealership) rent is pays $1,100 a month- Tenant #7 (Workspace) rent $1,000 a month -Tenant #8 (Security Live-in Home) rent $1,000 a month. Total parking spots 39. Check documents tab for property and tenant details.

    Monthly Payment Calculator



    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Helping Hands Team | Conway Real Estate. Data last updated 2021-06-18T07:16:34.18.
    www.thehelpinghandsrealestate.com/homes/111174598
    Print Image

    3237 W Lincoln Street Phoenix, AZ 85009

    • Price: $1,580,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 6149102
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.88
    Acres
    2,056
    SQFT
    $768
    $/SQFT
    1915
    Built
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Cap Rate 10.5% Zoned A-1 by THREE Major Freeways! 0.903 acres 39,363 sq ft. 8 tenants in the past 2 years property has been at FULL occupancy. All tenants have a 1 month rent as deposit. Except tenant #8 with no deposit. Property has 85% concrete and 15% asphalt.*Rentals are with annual lease agreements with 5% increase per year.-Tenant #1 (Auto Part Sales) rents $5,460 a month; -Tenant #2 (Car Dealer) $1,100 a month; Tenant #3 (Granite) $1,313 a month- Tenant #4 (Car Paint Shop) w equipment rents $3,000 a month- Tenant #5 (Car Dealership) $1,050 a month- Tenant #6 (Car Dealership) rent is pays $1,100 a month- Tenant #7 (Workspace) rent $1,000 a month -Tenant #8 (Security Live-in Home) rent $1,000 a month. Total parking spots 39. Check documents tab for property and tenant details.
    Exterior Features

    Construction Frame - WoodMetal Covered Parking Spaces 17.00 Fencing BlockChain Link Freeway Highway 1.1 - 2 Miles Lot Size Dimensions 592 X 66 Parking FencedOther (See Remarks)Paved ParkingPrivate ParkingPublic Parking Roofing Comp Shingle Stories 1 Story Total Parking Spaces 39.00 Uncovered Parking Spaces 22.00

    Interior Features

    Amenities KitchenOverhead CraneShowers - Office Ceiling Height 8.1 Feet To 10 Feet Cooling Office A/CWindow/Wall Unit Flooring Ceramic Tile Heating ElectricGasOffice Heated Interior Features FinishedPrivate Restrooms

    Property Features

    Adjusted Gross Inc 180276.00 Annual Elec Exp 6000.00 Annual Gas Exp 0.00 Annual Ins Exp 1020.00 Annual Wtr Swr Exp 2400.00 Building Type CommercialIndustrialManufacturingOffice Cross Street 35th Ave & Lincoln Current Use AutomobileMixed UseOfficeOtherSee Remarks Electric Aps Gas Sw Gas Gross Annual Sch Inc 180276.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 16 Net Operating Income 166332.00 Operating Exp 13938.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 4518.00 Vacancy Allowance 0.00 Water Other Zoning A-1

    Listing courtesy of Stunning Homes Realty.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Helping Hands Team | Conway Real Estate. Data last updated 2021-06-18T07:16:34.18.
     
    https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6149102-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6149102-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6149102-2.jpg
    Logo
    The Helping Hands Team | Conway Real Estate
    1425 W Elliot Road Suite 103
    Gilbert AZ, 85233