Office Space
844 North 4th Avenue Phoenix, AZ 85003
Details & Description
Price: $1,400,000
    SVN is please to present to the market 844 N. 4th Ave. This charming two-story brick building offers the appeal of a historic property with modern construction being built in 1990. The ground floor is currently situated for an office user while the second floor was recently renovated and converted to multi family residential with three studio apartments and one two-bedroom. Plans are in place for an additional four residential units on the ground floor. There are nine covered parking spaces in the rear of the property with a remote access gate securing the lot.The Seller has done a tremendous job with regular upkeep to the property and continued improvements. There are five HVAC systems of which three of the units are less then four years old. All units are regularly maintained. The Seller recently installed a $35,000, 42 panel solar system on the roof of the building slated to provide 13,700 watts of supplemental power to the property offsetting the vast majority of the electrical expenses. Seller recently improved the parking area with a remote access gate, parking canopies, and an EV charger for electric powered vehicles.This is a prime opportunity for a user or investor alike. Due to its relocation timeline, the Seller is requiring to master lease back the premises for a short period of time which will create income to the property while a Buyer transitions into the subject property.
    Additional Photos
    Listing Agents
    Justin Horwitz

    O: 480-425-5518
    M: 480-220-2674
    justin.horwitz@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    844 North 4th Avenue

    Phoenix, AZ 85003

    Listing ID: 235550
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    Building Size: 5,040 SF
    Lot Size: 0.241 AC
    Land Size: 10,500 SF
    Building $/SF: $277.78
    Land $/SF: $133.33
    Price
    $1,400,000
    Description

    SVN is please to present to the market 844 N. 4th Ave. This charming two-story brick building offers the appeal of a historic property with modern construction being built in 1990. The ground floor is currently situated for an office user while the second floor was recently renovated and converted to multi family residential with three studio apartments and one two-bedroom. Plans are in place for an additional four residential units on the ground floor. There are nine covered parking spaces in the rear of the property with a remote access gate securing the lot.

    The Seller has done a tremendous job with regular upkeep to the property and continued improvements. There are five HVAC systems of which three of the units are less then four years old. All units are regularly maintained. The Seller recently installed a $35,000, 42 panel solar system on the roof of the building slated to provide 13,700 watts of supplemental power to the property offsetting the vast majority of the electrical expenses. Seller recently improved the parking area with a remote access gate, parking canopies, and an EV charger for electric powered vehicles.

    This is a prime opportunity for a user or investor alike. Due to its relocation timeline, the Seller is requiring to master lease back the premises for a short period of time which will create income to the property while a Buyer transitions into the subject property.

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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Phoenix History of Office Space for Sale

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    Phoenix Area Market Trends

    Listing Demographics for 844 North 4th Avenue Phoenix, AZ 85003

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,158112,898372,218
    Population Median Age363534
    Population by Age0-9 Yrs904 (5%)13927 (12%)54954 (14%)
    10-19 Yrs2062 (13%)15388 (13%)54115 (14%)
    20-29 Yrs3752 (24%)21049 (18%)66179 (17%)
    30-39 Yrs2796 (18%)18814 (16%)58998 (15%)
    40-49 Yrs1729 (11%)13830 (12%)47111 (12%)
    50-59 Yrs1522 (10%)13494 (11%)41653 (11%)
    60-69 Yrs1451 (9%)9940 (8%)28126 (7%)
    70+ Yrs941 (6%)6456 (5%)21082 (5%)
    Median HH Income$40,807$42,120$42,185
    Total Household Income< 24K2423 (34%)13898 (31%)39418 (30%)
    25-49K1569 (22%)11375 (25%)35334 (27%)
    50-74K932 (13%)7092 (16%)21933 (16%)
    75-99K650 (9%)4372 (9%)12410 (9%)
    100-199K1049 (14%)5504 (12%)16402 (12%)
    200K+485 (6%)1664 (3%)4281 (3%)
    Highest Education LevelNo Diploma14881860865128
    Diploma or GED17541592757592
    Some College22051468745479
    Assoc. Degree572447413756
    Bachelors Degree25601265732016
    Higher Degree1873801418356
    Total Housing Units8,71351,234147,518
    --Owner-Occupied1,87616,28850,880
    --Renter-Occupied5,23227,61878,897
    Owner-Occupied Values< 100K118283310105
    100-199K239422317132
    200-299K497464411695
    300-399K32325295805
    400-499K2359152570
    500K+46411443574
    Total Working Age Population13,71189,955285,642
    In Work Force9,02559,046184,341
    Not In Work Force4,68630,909101,301
    Workforce Employed8,55755,693172,757
    Workforce Unemployed4563,33511,431
    Civlian Workforce9,01359,028184,188
    Military Workforce1218153
    Total Households7,10843,906129,777
    Family Households1,96020,31370,894
    Non-Family Households5,14823,59358,883
    Married Couple1,33911,46239,642
    Other Family6218,85131,252
    Married w/Child4294,89819,266
    Single Male w/Child1091,5674,451
    Single Female w/Child2453,73813,610

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Maricopa County3,072,149+243,817,117+164,436,900+155,107,700
    Pinal County179,727+109375,770+24466,200+32616,200

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 844 North 4th Avenue in Phoenix?
    The asking price for 844 North 4th Avenue is $1,400,000
    What is the building size of this Office property in Phoenix, AZ?
    The size of the building/unit at 844 North 4th Avenue in Phoenix is 5,040 square feet
    How much land does the Phoenix, AZ property at 844 North 4th Avenue include?
    844 North 4th Avenue in Phoenix includes 0.241 acres of land
    What kind of Office is the propery at 844 North 4th Avenue?
    The property at 844 North 4th Avenue Phoenix, AZ 85003 is listed as a Professional Office property
    What is the population within 1 mile of 844 North 4th Avenue in Phoenix?
    The population within 1 mile of 844 North 4th Avenue Phoenix, AZ 85003 is 15,158 people.
    Who do I contact for questions about 844 North 4th Avenue?
    You should contact the listing agent, Justin Horwitz, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Phoenix Sky Harbor International Airport (PHX) 4
    Tucson International Airport / Morris Air National Guard Base (TUS) 114
    McCarran International Airport (LAS) 251
    Price
    $1,400,000
    Listing Agent
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