528 Western Ave Avondale, AZ 85323-2422
This exceptional 1,400-square-foot single-tenant office building is ideally situated in the heart of Old Town Avondale, Arizona, at 528 E Western Ave, Avondale, AZ 85323, near 6th St. Completely renovated in 2022, the property boasts new tile plank flooring, updated HVAC units, 14 new LED interior lights, a new hot water heater, fresh paint, and a new roof. The building features a main room, a private office with its own interior and separate entry door, a separate back room with its own entry, and two bathrooms. Eight shared parking spaces are available, along with the potential for a complete façade makeover in 2025 at no cost to the tenant. The property is zoned OTAB and offers excellent visibility with 100% use of street-side monument signage. The versatile space is suitable for a variety of uses, including executive, medical, and creative offices, as well as retail. Permitted uses include professional services, retail, wholesale, administrative offices, training facilities, and various other businesses. Conditional use permits may allow for funeral homes, reception centers, childcare centers, and bars. The flexible layout allows for subleasing opportunities to generate additional income. This is a fantastic opportunity to secure a prime location in a thriving community.
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Regal Roofing Avondale Roofing Company General Contractor
100' Parking Setback from Residential District or Use* 25' 25' 25' 25' 25' Maximum Accessory Structure Height 15' 15' 15' 15' 15' * Not applicable to manufactured home parks. 28-57 - Old Town Avondale Business District (OTAB). (a) Purpose. The purpose of the Old Town Avondale Business District (OTAB) is to further the revitalization of the city's original to…
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
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Property description
Physical attributes from public recordsZoning & alternative use
OTAB · Avondale, AZ100' Parking Setback from Residential District or Use* 25' 25' 25' 25' 25' Maximum Accessory Structure Height 15' 15' 15' 15' 15' * Not applicable to manufactured home parks. 28-57 - Old Town Avondale Business District (OTAB). (a) Purpose. The purpose of the Old Town Avondale Business District (OTAB) is to further the revitalization of the city's original town site and its immediate vicinity by encouraging pedestrian-oriented development an
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.