4331 N 12th Street, Phoenix, AZ 85014
$825,000
Property Type:
Comm/Industry Sale
Square Footage:
2,170
Lot Size (sq. ft.):
7,793
Status:
Closed
Current Price:
$825,000
List Date:
1/17/2024
Last Modified:
3/18/2026
Description
The Doyle Building is a 2, 170 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in midtown Phoenix. This rare multi-tenant commercial property includes 10 surface parking spaces. Tenants pay their own Electric, Phone, TV and Internet. Suites 102 & 103 each have 2 offices, a private restroom, storage and are contiguous, for a total of 910 square feet. Suite 101 has 3 Private Offices, Lobby, Kitchen, Flex Room, Restroom and Large Conference Room/Lounge Area. The Doyle Building is located in Midtown Phoenix, just minutes from the Golden Corner of 24th Street & Camelback, Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport, SR-51 Freeway and numerous Valley hotspots. 100% Leased. Owner/Agent.
More Information MLS# 6644739
Contract Info
Ownership: Fee Simple
Current Price: $825,000
Sold Price: $825,000
Status: Closed
List Date: 2024-01-01
Location, Tax & Legal
Assessor's Map #: 6
Assessor's Parcel #: 21
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 3172
Legal: LONGVIEW PLACE PT LOT 9 BLK 2
Marketing Name: The Doyle Building
House Number: 4331
Compass: N
Street Name: 12th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
County Code: Maricopa
Assessor Number: 155-06-021-A
Tax Year: 2023
General Property Description
Type of Property: Professional Office
Ttl Apx SqFt Bldg: 2170
Ttl Apx Net Rnt Spc: 2100
# of Buildings: 1
Uncvrd Parking Spcs: 10
Lot Size Dimensions: IRR
Flood Zone: No
Year Built: 1973
Zoning: R-5, Phoenix
Construction
Stucco: 1
Roofing
Foam: 1
Floors
Concrete: 1
Other: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 2155
Annual Land Lse Exp: 0
Annual Landscape Exp: 1800
Annual Legal & Acctg: 0
Annual Maint Exp: 1500
Annual Mgmt Exp: 0
Annual Trash Exp: 1343
Annual Wtr/Swr Exp: 1512
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 4930
Operating Exp: 16412
Other Income: 16740
Vacancy Allowance: 0
Adjusted Gross Inc: 76740
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 6.94
Equity: 865000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
2 or More Units: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Security System: 1
Security Light(s): 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Landscaping: 1
Sidewalk(s): 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
5,001 to 15,000: 1
Fencing
Security: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Conference Room: 1
Reception Room: 1
Kitchen: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Sale/Leaseback: 1
Special
Owner/Agent: 1
Existing 1st Loan
SBA: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Use Restrictions
Currently Leased: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Cell Phn2: 602-799-7483
Sold Info
Loan Type: Conventional
Loan Years: 10
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 12th Street / Camelback Road
Directions: From 12th Street & Camelback Road, head south to subject property on east side (left hand side) of 12th Street.
Geo Lat: 33.499392
Geo Lon: -112.056033
Status Change Info
Off Market Date: 2025-04-17
Under Contract Date: 2025-01-28
Close of Escrow Date: 2025-04-16
Sold Price: $825,000
Legal Info
Lot Number: 9
Income Expenses
Gross Annual Sch Inc: 60000
Net Operating Income: 60073
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Stucco
Roofing: Foam
Floors: Concrete; Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: 2 or More Units
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Security System; Security Light(s); Alarm System; Private Restrooms
Exterior: Corner Lot; Landscaping; Sidewalk(s); Security Light(s); Security Camera(s)
Fencing: Security
Building Features: Conference Room; Reception Room; Kitchen
Parking Features: Free; Private; Paved
Electric: APS; Individual Meter
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only; 1031 Exchange; Sale/Leaseback
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Owner
Existing 1st Loan: SBA
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: 5,001 to 15,000
Use Restrictions: Currently Leased
Environmental: None
Listing Office:
Vestis Group
Last Updated: March - 18 - 2026
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