Listing provided courtesy of American Realty Brokers- MLS# 6746201MLS Provider

3940 N 33RD AvenuePhoenix, AZ 85017

Commercial · 1,844 Sq. ft. | 0.21 Acres
$619,000 Active

3940 N 33RD Avenue Overview

Time on Site:
679 days
Visits:
13

Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.

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3940 N 33RD Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 1,844
  • Price/Sq.ft. $336
  • Lot 0.21 Acres

Details

General

Income/Expenses

  • Other Expense: 4500.0
  • Gross Income: 39000.0
  • Gross Scheduled Income: 39000.0
  • Net Operating Income: 34500.0

Building Information

  • Year Built: 1987

Business Information

  • Business Type: Automobile

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Township: 2N

Tax Information

  • Tax Annual Amount: $4,500.00
  • Tax Year: 2023

General Information

  • Disclosures: Seller Prop Disc Stm
  • Ownership: Fee Simple
  • Parcel Number: 108-02-008-M
  • Property Type: Comm/Industry Sale
  • Zoning: C-3

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: SRP,APS
  • Flooring: Concrete
  • Living Area: 1844.0

Exterior

Parking Information

  • Open Parking Spaces: 10.0
  • Parking Features: Paved,Private

Lot Information

  • Lot Size Acres: 0.21
  • Lot Size Area: 9148.0
  • Lot Size Square Feet: 9148.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: City Franchise

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block
  • Roof: Concrete
  • Structure Type: Commercial

General Information

  • Fencing: Chain Link
  • Sewer: Public Sewer

3940 N 33RD Avenue Neighborhood

Community

85017 (Phoenix) Demographics

26
Median Age
8,266
Population Density (per sq. mile)
13%
College Educated
$41,893
Estimated Median Income
5,070
Estimated Total Home Owners
6,484
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3940 N 33RD Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3940 N 33RD Avenue Market Data

Based on the last 30 days in this zip code

$260,827
Average List Price
$193
Average Price per Square Foot
11
Properties Sold
126
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

3940 N 33RD Avenue History

Date Event Value Agent
4/14/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$619,000 -3.1%
1/22/2025Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Price Reduction
$639,000 -11.9%
8/20/2024Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
August 20, 2024