Manufacturing Warehouse, near Downtown Phoenix
Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 655,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 9,785
Date Available 05/30/2019
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Floors 1
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Subject Property Location
The subject property is located at 1830 E Madison Street in the City of Phoenix, Maricopa County, Arizona. The subject property is near the City Center and is a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is very good and in redevelopment in terms of commercial and industrial use. The subject benefits from busy commuter and local traffic along Jefferson Street. The area is anticipated to experience redevelopment in the foreseeable future. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, with generally allows up to 5 stories in new construction along the light rail corridor.

Manufacturing Warehouse available, Building in very good condition. Appraised 9/2018 for $715,000. A-1 zoning, Total of 9.785 sf in 2 buildings. 4 restrooms, 1 Restroom ADA approved; 24% Office, 76% Warehouse, Fenced and gated. Evap coolers in warehouse, a/c in offices;

Total space is 9,985 sf in 2 buildings, 24% Office space: 2,389, Warehouse space: 7,436 sf. An 1,100 sf storage shed with electricity, not included in Building SF.

Features: 2 overhead doors, 12' high by 14' and 15' wide. 4 Restroom, 2 restrooms in each building, 1 Restroom is ADA approved; No gas, electric only.

In 2015 Remodel: 4500 CFM Evap Coolers new in 2014/2015, a/c in offices, replace 1 HP Cooler motor. Roofing recoated with Ultrafoam coating, warranty to June 2020; replace skylights and scuppers in both buildings;

Remodel in 2016: A/C units and Evap Coolers all inspected; new elec water heaters, new toilets/sink/fittings and valves, exterior water shutoff valve.

Located East of Downtown Phoenix. Only 2.2 miles from Phoenix SkyHarbor Airport, and 2 blocks from the I-10 Freeway. Available 11/1/2019, tenant occupied. Current use is: finish and paint wood for commercial customers.