Downtown Retail
313 E Monroe Ave Buckeye, AZ 85326
313 E Monroe Ave, Buckeye, AZ, 85326
$1,300,000
For Sale
$1,300,000
Retail building on three contiguous parcels with CC zoning, originally built in 1959 in downtown Buckeye, Arizona.
Property Size8,292 SF
Lot Size0.27 Acres
Price / SF$156.78
Days on Market8
Property Features for 313 E Monroe Ave
General Information
- Standard status
- Active
- Size
- 8,292 SF
- Lot size
- 0.27 Acres
Listing agency
R.O.I. Properties
(602) 319-1326
Listed by
Beth Jo Zeitzer · License #BR044331000
(602) 319-1326
Source
Exprealty
Added: Jul 16 Updated: Jul 22 at 2:23PM Checked: Jul 22 at 2:23PM
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 R.O.I. Properties
Investment Insights
Based on property information with market context.
313 E Monroe Ave is an 8,292-square-foot retail building originally built in 1959, located on three contiguous parcels (APNs 400-27-002, 400-27-010, and 400-27-015) totaling 0.27 acres. The property is zoned CC (Community Commercial), supporting retail, service, and small-format commercial uses consistent with the surrounding tenant mix.
Positioned in Buckeye’s traditional downtown commercial district along the Monroe Avenue corridor, the building is just blocks from S 3rd Street and S 4th Street, placing it within walking distance of nearby retail, service, and municipal uses. The site also benefits from access to municipal services and infrastructure.
This is a straightforward downtown storefront opportunity with a CC zoning designation designed to accommodate a range of neighborhood-oriented commercial uses.
Positioned in Buckeye’s traditional downtown commercial district along the Monroe Avenue corridor, the building is just blocks from S 3rd Street and S 4th Street, placing it within walking distance of nearby retail, service, and municipal uses. The site also benefits from access to municipal services and infrastructure.
This is a straightforward downtown storefront opportunity with a CC zoning designation designed to accommodate a range of neighborhood-oriented commercial uses.
Key Highlights
- 8,292 SF retail building on three contiguous parcels (APNs 400‑27‑002, 400‑27‑010, 400‑27‑015) totaling 0.27 acres
- Zoned CC (Community Commercial), supporting retail, service, and small‑format commercial uses
- Originally built in 1959
Local Financial Insights For Retail
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 | $157.2k | $18.96 |
| − Vacancy | −$7.9k | −$0.95 |
| EGI | $149.4k | $18.01 |
| − OpEx | −$44.8k | −$5.40 |
| NOI | $104.5k | $12.61 |
8,292 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.49M
$1.31M – $1.74M
NOI $104,549 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,546 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Liquidation Center by ...
Clothing Store
Perrona Megastore # 3
Clothing & Fashion Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building on three contiguous parcels with CC zoning, originally built in 1959 in downtown Buckeye, Arizona.
Where is this retail space located?
The property is located at 313 E Monroe Ave Buckeye, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 8,292 SF retail building on three contiguous parcels (APNs 400‑27‑002, 400‑27‑010, 400‑27‑015) totaling 0.27 acres; Zoned CC (Community Commercial), supporting retail, service, and small‑format commercial uses; Originally built in 1959
