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5819 S 16th St 6,800 SF Retail Building Phoenix, AZ 85040 $675,000 ($99.26/SF)
Investment Highlights
- Freestanding Storefront Retail Building with Large Secured Yard with Parking and an Additional Bonus Storage Building
- 8 Small Individually Metered Units Providing Maximum Leasing Versatility
- Short-Term Tenancy in Place, Providing a Compelling Opportunity for Significant Income and Growth and Upside Potential
- Value-Add Investment or Owner/User with Income
- Each Unit Approximately ±850 SF (Units can be Combined)
- Signage on 16th Street for Unmatched Visibility (Traffic Count ±25,012 as Per Costar 2025) | Excellent Ingress & Egress
Executive Summary
Freestanding Storefront Retail Building with Large Secured Yard with
Parking and an Additional Bonus Storage Building
Value-Add Investment or Owner/User with Income
Parking and an Additional Bonus Storage Building
Value-Add Investment or Owner/User with Income
Property Facts In Escrow
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,800 SF
Building Class
C
Year Built
1955
Price
$675,000
Price Per SF
$99.26
Building Height
1 Story
Building FAR
0.25
Lot Size
0.62 AC
Zoning
C-C - C-C, City of Phoenix
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 122-49-172 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $59,135 |
Property Taxes
Parcel Number
122-49-172
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$59,135
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5819 S 16th St