8821 N 7TH Street 210, Phoenix, AZ 85020 (MLS# 6756344)

8821 N 7TH Street 210, Phoenix, AZ 85020

$450,000

Property Type: Comm/Industry Sale Square Footage: 2,868 Lot Size (sq. ft.): 2,868 Status: Closed

Current Price: $450,000 List Date: 9/12/2024 Last Modified: 7/01/2026

Overview

Description

Available Units in a Centrally Located Mixed-Use Complex in Phoenix This newly remodeled, centrally located mixed-use office and service industry complex in the heart of Phoenix is available for your own business or can be leased for current or future tenants. A can't-miss opportunity for business owners and investors! Strategically situated minutes away from the 51, 17, and 101 freeways for easy accessibility. Recent Renovations: Newly remodeled from 2021 to present, with updates including a new roof, AC units, and exterior stucco in excellent condition. Interior Upgrades: Modern interiors with tile flooring, fresh paint, updated ceilings, new cabinets, and granite countertops throughout the units. are equipped with auto-locks for convenience and security.

Supplements: The property is well-lit and provides ample parking options, both covered and uncovered. High-visibility street marquee available for advertising your business. Move into a turnkey, newly renovated space that's perfect for setting up your business headquarters. Ideal for current or future tenants looking for flexible leasing options in a prime Phoe ... (Read more)

Listing Details MLS# 6756344

Location, Tax & Legal

House Number: 8821
Compass: N
Street Name: 7TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2973
Country: US
County Code: Maricopa
Subdivision: NORTH CENTRAL BUSINESS PARK CONDOMINIUM AMD
Assessor Number: 160-03-455
Tax Year: 2023
Unit #: 210
Assessor's Map #: 3
Legal Description (Abbrev): LOT 210 NORTH CENTRAL BUSINESS PARK CONDOMINIUM AMD MCR 103410
Assessor's Parcel #: 455
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 105200
Taxes: 3281
Legal: LOT 210 NORTH CENTRAL BUSINESS PARK CONDOMINIUM AMD MCR 103410

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 2868
# of Buildings: Yes
Year Built: 1973
Uncvrd Parking Spcs: 25
Zoning: C-3
Flood Zone: No

Remarks Misc

Cross Street: 7th St and Northern
Directions: North on 7th St and Northern. Business complex will be about a half a mile on right side of road. In between McDonalds and O'Rielly's Auto Parts.

Status Change Info

Off Market Date: 2025-01-08
Under Contract Date: 2024-11-04
Close of Escrow Date: 2025-01-07

Legal Info

Township: 3N
Range: 3E
Section: 33
Lot Number: 210

More Information

Income Expenses

Gross Annual Sch Inc: 420000
Net Operating Income: 4200

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Contact Info

List Agent Home Phn: 480-272-6070

Sold Info

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

Construction

Block: Yes

Roofing

Built-Up: Yes

Floors

Ceramic Tile: Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 0
Operating Exp: 3281
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 420000

Building Type

Commercial: Yes
Office: Yes

Business Type

Mixed: Yes
Service Business: Yes
Professional/Office: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Cap Rate: 0.84
Equity: 499000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Ceiling: Yes
Electric: Yes

Cooling

Central Air: Yes
Office A/C: Yes

Interior Features

Finished: Yes
Finished to Suit: Yes
Smoke Detector(s): Yes
Security System: Yes
Security Light(s): Yes
Security Camera(s): Yes
Alarm System: Yes
Phone System: Yes
Public Restrooms: Yes

Loading Facilities

None: Yes

Exterior

Landscaping: Yes
Pole Sign: Yes
Monument Sign: Yes
Security Light(s): Yes
Security Camera(s): Yes

Source of Fincl Data

Owner: Yes

Fencing

Block: Yes

Water Source

City Franchise: Yes

Freeway/Highway

1.1 - 2 Miles: Yes

Building Features

Security Gate: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
Parking Lot: Yes
Paved: Yes

Electric

APS: Yes

Gas

None: Yes

New Financing

Cash Only: Yes
Cash to Loan: Yes
1031 Exchange: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Use Restrictions

CC&R's: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Office Business Type: Mixed; Service Business; Professional/Office Stories: 1 Story Construction: Block Roofing: Built-Up Floors: Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Heating: Ceiling Cooling: Central Air; Office A/C Loading Facilities: None Interior Features: Finished; Finished to Suit; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Public Restrooms Exterior: Landscaping; Pole Sign; Monument Sign; Security Light(s); Security Camera(s) Fencing: Block Building Features: Security Gate Parking Features: Free; Parking Lot; Paved Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Special: Owner/Agent Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Use Restrictions: CC&R's Environmental: None

Listing Office: Weichert Realtors - Upraise

Last Updated: July - 01 - 2026