2405 E FAIRMOUNT Avenue Phoenix, AZ ^$ 795,000

2405 E FAIRMOUNT Avenue

^$ 795,000

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2405 E FAIRMOUNT Avenue

Phoenix, AZ, 85016

^$ 795,000

Studio Baths0.0 Sq 1,374

Monthly Estimate*

^$ 5,284

2405 E FAIRMOUNT Avenue, Phoenix, AZ 85016 - Image 1

2405 E FAIRMOUNT Avenue, Phoenix, AZ 85016 - Image 2

2405 E FAIRMOUNT Avenue, Phoenix, AZ 85016 - Image 3

2405 E FAIRMOUNT Avenue, Phoenix, AZ 85016 - Image 4

Studio

Commercial Property for sale in Phoenix, AZ

for $795,000. This 1,374 square foot building was built in 1950 on a lot size of 0.22.

Located in the Biltmore Corridor, 2405 E Farimount Ave offers an exceptional opportunity to acquire a home ready to be converted to commercial property, on the busy 24th Street. The subject property is located right off 24th Street and Indian School, under a mile from the SR-51, allowing for quick access to Midtown, Downtown, and Tempe. This home can be converted to office or medical office space. The 3,600 SF building next door at 4001 E Fairmount Ave is also available!

Commercial Active

Price

^$ 795,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,547

Style

Comm/Industry Sale

Lot Size

0.22

Year Built

1950

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6700792

Features

General

Sewer Public Sewer

Heating See Remarks

Cooling Central A/C

Roof Composition

Zoning R5

Construction Materials Block

Year Built 1950

Electric APS

Township 2N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Business Type See Remarks

County Maricopa

Net Operating Income 0.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name SOUTH EARL HEIGHTS

Status Active

City Phoenix

Buyer Agent Compensation 3.00

Disclosures Other (See Remarks)

View Y/N N

Open Parking Spaces 2.0

Lot Size Units Square Feet

Lot Size Square Feet 9569.0

Carport Y/N N

Street Name FAIRMOUNT

Tax Annual Amount 1547.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 33

Structure Type Other (See Remarks)

Standard Status Active

Tax Lot 9

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Concrete

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Block

Parking Features Private Parking

Water Source City Franchise

Total Parking 4.0

Lot Size Area 9569.0

Number of Buildings 1

Spa N

Lot Size Acres 0.22

Covered Spaces 2.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2405

* Excluded Features

List By

R.O.I. Properties

Broker

rnach@roiproperties.com

Affordability Calculator

$5,413

Per Month

Monthly Principal & Interest: $5,284
Monthly Property Taxes: $129
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,966,096

Percent of Sale Price 147%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/4/2024	$795,000		Listed Price

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2405 E FAIRMOUNT Avenue, Phoenix, AZ, 85016 is a Commercial Property for sale at $795,000 with 1,374 sqft and a lot size of 0.22. 2405 E FAIRMOUNT Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 85016 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/7/2024.

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2405 E FAIRMOUNT Avenue

Commercial Property for sale in Phoenix, AZ

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