2310 N 16th Street, Phoenix, AZ 85006

$2,057,755
12,027
SqFt

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Sold Price
$2,057,755
List Price
$2,500,000

Property Description

Tucked into Midtown Phoenix near the historic Coronado District, 2310 N 16th St gives an owner-user a large, centrally located retail building on a site with dedicated parking that most retail in the corridor does not have. The larger space, at 10,527 SF, is a general-purpose retail space delivered vacant at close, ready for an owner to occupy. The smaller 1,500 SF space operates as a bar and lounge that has anchored this stretch of 16th Street since 1976 and generates approximately $36,000 in annual income. The site spans 0.619 acres with 30 surface parking spaces. The property is zoned C-2/R-4, with the majority under the C-2 commercial designation. The result is a unique opportunity for an owner-user to occupy the bulk of the building while the smaller unit contributes income that help

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: Non-MLS Office.

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