1915 N 16Th St Phoenix, AZ 85006
For Sale
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This exceptional turnkey bakery opportunity is located at 1915 N 16th St, Phoenix, AZ 85006, within Maricopa County. The property, built in 1940, is zoned C-2 and offers immediate occupancy. Priced at $995,000, this retail space comes fully equipped for continued operation as a bakery. The sale includes extensive bakery furniture, fixtures, and equipment (FF&E), eliminating the need for significant upfront investment. Key features include commercial ovens, a walk-in freezer, and a walk-in refrigerator, ensuring efficient and effective baking operations. The property also boasts convenient storage racks and a roll-up door, ideal for efficient distribution of goods. Its strategic location provides easy access to major transportation arteries, including I-10 and SR-51, enhancing accessibility for both customers and suppliers. This is a rare opportunity to acquire a well-established, fully operational bakery in a high-traffic area, ready for a new owner to step in and continue its success. The property's existing infrastructure and equipment significantly reduce the time and cost associated with setting up a new bakery business. Don't miss this chance to own a thriving business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.