2431 Monroe St Phoenix, AZ 85034
This exceptional Phoenix property, located at 2431 E. Van Buren St. & 2424 E. Monroe St (85034), offers 14,533 square feet of versatile space on a 9,750-14,533 square foot lot. The building, zoned C-3 & R-4, features a two-story design with a 15-foot clear height, ideal for various uses. The property includes two ground-level loading docks, making it suitable for distribution and warehousing. Inside, you'll find five offices, a conference room, three bullpens, and five restrooms. The flexible layout caters to diverse needs, from executive offices and flex spaces to manufacturing and retail showrooms. On-site and off-site parking is available. The asking price is $1,149,000, and the lease type is NNN. This single-tenant property presents a unique opportunity for businesses seeking a central Phoenix location with ample space and convenient features. The mid-century design offers a blend of character and functionality, making it an attractive investment. Potential uses include, but are not limited to, call centers, pawn shops, furniture stores, and light manufacturing. Don't miss this chance to acquire a highly adaptable commercial space in a thriving Arizona market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.