Mixed-Use Commercial Building with
29350 S Arizona Ave Wellton, AZ 85356
29350 S Arizona Ave, Wellton, AZ, 85356
$325,000
For Sale
$325,000
Commercial building with access on three sides, plus a 672 sq ft 1-bedroom casita at the rear.
Property Size4,615 SF
Price / SF$70.42
Days on Market77
Property Features for 29350 S Arizona Ave
General Information
- Standard status
- Active
- Size
- 4,615 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1935
Listing agency
HomeSmart
(928) 388-8665
Listed by
Martha Cordova · License #SA686274000
(928) 388-8665
Source
Exitrealty
Added: May 7 Updated: Jul 21 at 5:39AM Checked: Jul 21 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart
Investment Insights
Based on property information with market context.
This for-sale commercial property includes a main 4,615 sq ft building and a rear 672 sq ft 1-bedroom, 1-bath casita. The sale conveys THE WELLTON SNACK SHACK and THE WELLTON CYLINDER HEADS AND CARBURATOR businesses, including all tools. The property includes a 3-sided access layout, and it is comprised of four commercial lots combined into one parcel that may be split into separate lots.
The building is positioned at 29350 S Arizona Ave in Wellton, AZ 85356. The seller notes the middle unit has a Phase 3 electric power pole already in place.
The casita sits behind the main building and may be used as living quarters, rental income, or office space, while the main building can support a variety of business concepts pending remodeling.
The building is positioned at 29350 S Arizona Ave in Wellton, AZ 85356. The seller notes the middle unit has a Phase 3 electric power pole already in place.
The casita sits behind the main building and may be used as living quarters, rental income, or office space, while the main building can support a variety of business concepts pending remodeling.
Key Highlights
- 4,615 sq ft commercial building built in 1935 with access on 3 sides
- Includes 672 sq ft 1‑bedroom, 1‑bath casita in the rear for living quarters, office, or rental income
- 4 commercial lots combined into 1 parcel; may be split into separate lots
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.8k | $6.90 |
| − Vacancy | −$2.2k | −$0.47 |
| EGI | $29.7k | $6.43 |
| − OpEx | −$8.9k | −$1.93 |
| NOI | $20.8k | $4.50 |
4,615 SF · lease $6.90/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.37M
$2.07M – $2.77M
NOI $165,927 @ 7.0% cap · market cap 51.05%
Second Best
Retail
$668.5K
$584.9K – $779.9K
NOI $46,794 @ 7.0% cap · market cap 14.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
FAQs
What type of property is this?
Auto shop - Commercial building with access on three sides, plus a 672 sq ft 1-bedroom casita at the rear.
Where is this auto shop located?
The property is located at 29350 S Arizona Ave Wellton, AZ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 4,615 sq ft commercial building built in 1935 with access on 3 sides; Includes 672 sq ft 1‑bedroom, 1‑bath casita in the rear for living quarters, office, or rental income; 4 commercial lots combined into 1 parcel; may be split into separate lots
