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1002 E Fairmount Ave
Phoenix, AZ 85014

10th St and Fairmount OWNER WILL FINANCE · Land For Sale · 0.53 AC

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Executive Summary

Redevelopment Opportunity, Zoned R-3 for Multifamily. Conveniently Located in the Heart of Rapidly Gentrifying Midtown Phoenix & Close Proximity to Camelback Corridor Which Features Town and Country Shopping Center & Camelback Colonnade Shopping Mall. All reasonable offers will be considered.
***Owner Will Carry*** 20% down with a 5/30

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Multifamily Auto Repair
Property Type	Land	Total Lot Size	0.53 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Auto Repair
Total Lot Size	0.53 AC

1 Lot Available

Lot

Price	$1,255,741 CAD	Lot Size	0.53 AC
Price Per AC	$2,384,067 CAD

Price	$1,255,741 CAD
Price Per AC	$2,384,067 CAD
Lot Size	0.53 AC

East of 10th St from Fairmount Ave to Amelia Ave

Description

COMMERCIAL BUILDING WITH HIGH VISIBILITY FOR SALE! The building is currently leased to a strong volume auto repair business for $2400 per month. The lease ends October 2024 when the rent can be increased or convert the property for an owner-occupant use. Owner has recently done many upgrades the the building such as a brand new roof, new electrical service and security gates. 2-Units, Garden-Style Property, Built in 1930. Two-Story Duplex. Redevelopment Opportunity Situated On a 11,920sf Lot, Zoned R-3 for Multifamily. Conveniently Located in the Heart of Rapidly Gentrifying Midtown Phoenix & Close Proximity to Camelback Corridor Which Features Town and Country Shopping Center & Camelback Colonnade Shopping Mall. ***Owner Will Carry*** 20% down with a 5/30

PROPERTY TAXES

Parcel Number	118-03-036	Improvements Assessment	$0 CAD
Land Assessment	$0 CAD	Total Assessment	$24,752 CAD

PROPERTY TAXES

Parcel Number

118-03-036

Land Assessment

$0 CAD

Improvements Assessment

$0 CAD

Total Assessment

$24,752 CAD

zoning

Zoning Code	R3 (R3)
R3 (R3)

Listing ID: 33169016
Date on Market: 2024-09-13
Last Updated:
Address: 1002 E Fairmount Ave, Phoenix, AZ 85014

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