12200 111Th Ave Youngtown, AZ 85363

Property Details for 12200 111Th Ave

Year built

1962

Construction

CONCRETE

Lot size

0.52 lot acres

Property size

7,206 SF

Zone code

C-1

Property type

Banks

APN

200-85-120C

APU

20085120C

Description

This exceptional 7,206 square foot commercial property, located at 12200 N 111th Ave in Youngtown, Arizona (zip code 85363), presents a unique investment opportunity. Built in 1962, this single-story building sits on a sizable 22,800 square foot lot and boasts a C-1 zoning permit. The property features a spacious main floor with four offices, restrooms, ample storage, and a grand show floor area with vaulted ceilings ranging from 10.1 to 28 feet in height. A separate private office suite offers added privacy, including its own entrance, reception area, and restrooms. Further enhancing its versatility, a second area includes four more offices, a kitchen, bathrooms, and additional storage, accessible via a separate entrance. The property includes twenty-nine covered parking spaces. The asking price is $1,650,000, translating to $228.98 per square foot. The property is sold as-is. Its prime location between Sun City Golf Course and Maricopa Lake Park offers excellent visibility and accessibility. The adaptable floor plan allows for various uses, including retail, warehouse, sales center, or other commercial ventures. This property offers immediate occupancy for new tenants, potential for higher rental rates, and the flexibility to renovate and reposition for optimal return on investment. The favorable market conditions and low vacancy rates present a strong opportunity for a quick return.

Location Insight

City

Youngtown

County

Maricopa

State

Arizona

Longitude

-112.299

Latitude

33.5953

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments