1600 Ash St Globe, AZ 85501-1418

Property Details for 1600 Ash St

Year built

1956

Lot size

0.22 lot acres

Property size

3,138 SF

Property type

Office buildings

APN

205-14-016D

APU

20514016D

Description

This exceptional commercial building, located at 1600 E Ash St, Globe, AZ 85501, presents a compelling investment opportunity. The 2,770 square foot building, classified as a Class B property, features three distinct rentable suites, two of which are currently leased. The property boasts a 75% occupancy rate, generating immediate income. Each suite offers its own entrance and utilities, providing flexibility for diverse business needs. The building underwent renovations in 2022. The property sits on a 0.22-acre lot and includes 15 parking spaces, ensuring ample convenience for tenants and visitors. The building is zoned C2 and offers highway frontage with high traffic counts, providing excellent visibility and accessibility. The asking price is $394,900, translating to $142.56 per square foot. The property is a fee simple ownership, with a modified lease type and credit-rated tenants. This multi-tenant building offers a blend of stability and growth potential, making it an attractive investment for both seasoned investors and those new to commercial real estate. The property's location in Gila County, Arizona, provides access to a thriving local market. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a prime location.

Location Insight

City

Globe

County

Gila

State

Arizona

Longitude

-110.769

Latitude

33.3948

CBSA code

37740

CBSA name

PAYSON, AZ MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments