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Don't miss out on a rare opportunity to own the landmark Vista De Loma buildings. This 30,000 SF, mission-style commercial office complex consists of 3 buildings and is located at 1825 E Northern Ave in North Central Phoenix. It is a multi-tenant project and fully occupied with 1-3 year gross leases and professional management in place, offering steady rental income and an attractive return on investment. Most exciting, however, is the pre-existing, high-density multi-family, R-5 zoning designation. At over a 5 cap including professional management and a full time maintenance employee, the potential for redevelopment is palpable. Situated on a spacious 2.44-acre plot of land, the lot boasts unbeatable views of Piestewa Peak and is located in one of the most desirable areas in Phoenix.PROPERTY FEATURES
Water Source :
City Franchise
Sewer Source :
Public Sewer
Electric :
Master Meter, APS
Parking Features:
Other (See Remarks), Paved Parking, Public Parking, Free
Fencing :
Block, Partial
Cooling:
Office A/C
Heating :
Electric
Construction Materials:
Frame - Wood
Flooring :
Carpet, Vinyl
PROPERTY DETAILS
Street Address: 1825 E NORTHERN Avenue
City: Phoenix
State: Arizona
Postal Code: 85020
County: Maricopa
MLS Number: 6614774
Year Built: 1984
Courtesy of AXIS Real Estate
City: Phoenix
State: Arizona
Postal Code: 85020
County: Maricopa
MLS Number: 6614774
Year Built: 1984
Courtesy of AXIS Real Estate
Courtesy of Premier Haven Management Solutions, LLC