3800 N 7TH Street, Phoenix, AZ 85014 (MLS# 6519979)

3800 N 7TH Street, Phoenix, AZ 85014

$1,150,000

Property Type: Comm/Industry Sale Square Footage: 7,530 Lot Size (sq. ft.): 12,000 Status: Closed

Current Price: $1,150,000 List Date: 2/13/2023 Last Modified: 4/28/2025

Overview

Description

Attention Investors! A rare opportunity to own prime commercial real estate with multiple income streams. This property consists of three parcels with frontage to 7th street, providing high visibility, traffic, and accessibility to your business. The highlight of this property is the auto shop that can be divided into two separate offices, providing you with the versatility to continue operating the 1,000+ built in clientele of the Auto Shop and lease the second retail/office space in that building. In addition to the offices, the property features a spacious work garage, ideal for any mechanic, carpenter, machinist or tradesman to run their operations. This warehouse on the property is perfect for storage or light manufacturing and has plenty of room for expansion.

Supplements: Three spacious bays, with functioning lifts for each bay, make running your mechanic business, both efficient and highly functional. This Auto Shop is set up for success! The property also includes a duplex, which is currently being used as a Short Term Rental, providing you with a steady stream of income. The value and potential of this property ... (Read more)

Listing Details MLS# 6519979

Location, Tax & Legal

Map Code/Grid: P34
House Number: 3800
Compass: N
Street Name: 7TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5004
Country: US
County Code: Maricopa
Subdivision: THOMAS PLACE
Assessor Number: 118-24-146-A
Tax Year: 2022
Assessor's Map #: 24
Legal Description (Abbrev): LOT 12 BLOCK 6 THOMAS PLACE MCR 000367
Assessor's Parcel #: 146
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 110502
Taxes: 5869
Legal: LOT 12 BLOCK 6 THOMAS PLACE MCR 000367

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 7530
# of Buildings: 4
Year Built: 1962
Uncvrd Parking Spcs: 16
Zoning: C-2

Remarks Misc

Cross Street: 7TH ST & Clarendon
Directions: AZ-51 S to N 7th St. Take exit 3 for Indian School. Keep right at fork. Turn left on 7th ST. Destination is on the right.

Status Change Info

Off Market Date: 2023-05-26
Under Contract Date: 2023-03-24
Close of Escrow Date: 2023-05-25

Legal Info

Township: 2N
Range: 3E
Section: 29
Lot Number: 12

More Information

Sold Info

Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Block: Yes

Roofing

Composition: Yes
Foam: Yes

Floors

Concrete: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5869
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Office: Yes
Other (See Remarks): Yes

Business Type

Mixed: Yes
Automobile: Yes
Professional/Office: Yes
Warehouse: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Equity: 1500000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes
14.1 Feet to 16 Feet: Yes

Heating

Natural Gas: Yes

Cooling

Central Air: Yes
Office Evap: Yes

Interior Features

Finished: Yes
Smoke Detector(s): Yes
Security System: Yes
Security Light(s): Yes

Loading Facilities

None: Yes

Road Surface Type

Asphalt: Yes

Exterior

Corner Lot: Yes
Building Sign: Yes
Monument Sign: Yes

Source of Fincl Data

Owner: Yes

Traffic Count

35,001 to 50,000: Yes

Fencing

Wood: Yes
Chain Link: Yes

Water Source

Individual Meter: Yes

Freeway/Highway

1.1 - 2 Miles: Yes

Building Features

Conference Room: Yes
Reception Room: Yes
Showroom: Yes
Showers - Office: Yes
Security Gate: Yes

Sewer

Sewer - Public: Yes

Parking Features

Fenced: Yes
Free: Yes
Private: Yes
Paved: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

SBA: Yes

Reports/Disclosures

None: Yes
Other (See Remarks): Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Office; Other (See Remarks) Business Type: Mixed; Automobile; Professional/Office; Warehouse Stories: 1 Story Construction: Block Roofing: Composition; Foam Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet Heating: Natural Gas Cooling: Central Air; Office Evap Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Security System; Security Light(s) Exterior: Corner Lot; Building Sign; Monument Sign Fencing: Wood; Chain Link Building Features: Conference Room; Reception Room; Showroom; Showers - Office; Security Gate Parking Features: Fenced; Free; Private; Paved Electric: APS Gas: SW Gas Water Source: Individual Meter Sewer: Sewer - Public New Financing: Other (See Remarks) Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: SBA Road Surface Type: Asphalt Traffic Count: 35,001 to 50,000 Environmental: None

Listing Office: Realty85

Last Updated: April - 28 - 2025