Leased Machine Shop with
For Sale
$619,000
3940 N 33RD Avenue, Phoenix, AZ 85017
Machine shop with two street access points and an on-site one-bedroom apartment, leased with five years remaining.
Property Size1,844 SF
Days on Market797
Property Features for 3940 N 33RD Avenue
General Information
Standard status
Active
Size
1,844 SF
Property subtype
COMMERCIAL
Zoning
C-3
Site & Location
Neighborhood
Alhambra
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,500
Building Details
Building Size
1,844 SF
Year Built
1987
Tenancy
Single
Listing Agency:
American Realty Brokers
Listed By:
Mike Darmo · License #SA576846000
(623) 236-0836
Source:
Jcluxuryresidential
Added: Aug 20, 2024
Changed: Oct 15
Last Checked: Oct 25 at 2:13AM
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 American Realty Brokers
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Investment Insights
Based on property information with market context.
This for-sale property includes a machine shop building with two access points, plus a one-bedroom apartment on site. The listing notes the business is a separate entity from the real property, with a five-year lease remaining in place.
Access is available from Grand Ave and 33rd Ave. The property is described as being across the street from Costco Business Center, with easy access to I-10 and visibility from Grand.
The current tenant arrangement includes annual rent increases of $100. The property is presented as an investment opportunity under C-3 designation.
Access is available from Grand Ave and 33rd Ave. The property is described as being across the street from Costco Business Center, with easy access to I-10 and visibility from Grand.
The current tenant arrangement includes annual rent increases of $100. The property is presented as an investment opportunity under C-3 designation.
Key Highlights
- 1987‑built machine shop with C‑3 zoning
- Two street access points: one from Grand Ave and one from 33rd Ave
- Visible from Grand Ave with easy access to I‑10
Property Analytics
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Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,388
Businesses Nearby
Explore this area
Business Placement
Demographics for 85017, AZ
45,279
Population
12,743
Households
3.6
Avg Household Size
26
Median Age
11%
College-Educated
65%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$51,737
Median Household Income
$29,371
Median Earnings
$1,197
Median Rent
$242,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Manufacturing property - Machine shop with two street access points and an on-site one-bedroom apartment, leased with five years remaining.
Where is this manufacturing property located?
The property is located at 3940 N 33RD Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: 1987‑built machine shop with C‑3 zoning; Two street access points: one from Grand Ave and one from 33rd Ave; Visible from Grand Ave with easy access to I‑10
