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    1624 Washington St Phoenix, AZ 85034

    Sponsored
    For Lease
    $20 SF/Yr

    Phoenix Flex Space, 7 Suites Available

    Lot size:
    17,696 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Phoenix commercial property, known as Urban District Flex Lofts, offers a unique blend of office and retail spaces ideal for diverse businesses. Located in the North Airport Industrial submarket, this two-story building boasts a total of 17,696 square feet, with seven individual suites available for lease. The building's flexible layout allows for spaces ranging from a minimum of 400 square feet to a maximum contiguous space of 2,700 square feet, catering to a variety of business needs and sizes. Currently, 8,360 square feet is available for lease. Built in 1925, the building is zoned C-3 by the City of Phoenix and features frontage on E Washington St. While the building does not have elevators, its two-story design offers convenient access to all suites. The property's multiple tenancy structure provides a dynamic and collaborative environment. This prime location in the North Airport Industrial submarket offers excellent accessibility and visibility. The property's APN is 115-04-094, 095, 096, 097, and it is situated in Maricopa County. This versatile property is perfect for businesses seeking a blend of modern functionality and historic charm in a thriving Phoenix location. Inquire today to secure your ideal space within this sought-after commercial building.

    Property Features for 1624 Washington St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,696 SF
    Total Rate
    29493.33

    Building Details

    Year Built
    1925
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor Suite 205
    Size
    400 SF
    Space
    Suite 101
    Size
    2,020 SF
    Rate per SF
    $20
    Space
    Suite 102
    Size
    1,560 SF
    Rate per SF
    $20
    Space
    First floor Suite 105
    Size
    2,700 SF
    Rate per SF
    $20
    Space
    Second floor suite 201
    Size
    635 SF
    Space
    Second floor Suite 203
    Size
    500 SF
    Space
    Second Floor Suite 206
    Size
    545 SF

    HighLights

    • Multi‑tenant retail, office, and industrial property totaling 17,696 square feet.
    • Executive office and flex space available, with units ranging from 400 to 2,700 square feet.
    • Seven suites available, with 8,360 square feet currently vacant.
    • Two‑story building constructed in 1925, located on E Washington St in Phoenix's North Airport Industrial submarket.
    • No elevators. Zoned C‑3, City of Phoenix. APN: 115‑04‑094, 095, 096, 097, Maricopa County.
    Property Profile Location Intelligence

    Current Use by Public Records

    NSTOR Art Studio Urban District Center Business Center Coronado Auto Repair ... Auto Repair Shop Tyler's Bathroom Designs Bathroom Remodeler

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.04641082
    Latitude
    33.4483909

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    FAQs

    What type of property is this?
    Flex space - Phoenix Flex Space, 7 Suites Available
    Where is this flex space located?
    The property is located at 1624 Washington St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    What are key features of this property?
    This property features: Multi-tenant retail, office, and industrial property totaling 17,696 square feet.; Executive office and flex space available, with units ranging from 400 to 2,700 square feet.; Seven suites available, with 8,360 square feet currently vacant.
    Request Owner's contact information
    1624 Washington St Phoenix, AZ 85034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1624 Washington St Phoenix, AZ 85034
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