Phoenix, AZ 85007,802 N 15TH Avenue #24, 25
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Phoenix, AZ 85007,802 N 15TH Avenue #24, 25

$310,000

Est. payment /mo

$325,000

4.6%
Est.Price: ?

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802 N 15TH Avenue #24, 25 Phoenix, AZ 85007

0.32 Acres Lot

SOLD DATE : 12/30/2022

Key Details

Sold Price $310,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Homestead Place 3

MLS Listing ID 6412805

Sold Date 12/30/22

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $3,552

Tax Year 2021

Lot Size 0.321 Acres

Acres 0.32

Lot Dimensions 101 x 136

Property Description

802 North 15th Avenue is a prime development opportunity located
just west of Downtown Phoenix. The parcel is located just west of 7th
Avenue and a block south of West Roosevelt Street. It is a quick bike
ride to Roosevelt Row and walking distance to the gentrifying, eclectic
Grand Avenue Arts District. Before completion of the interstate, Grand
Avenue was the gateway to Los Angeles. Today, the diagonal roadway
has morphed into the city's most boho, free-spirited downtown district,
with storefronts and commercial buildings filled with galleries, cafés,
yoga studios, and nightlife spots. On Grand Avenue, no space is
exempt from being a site for public art. That includes a strip on Grand
Avenue and McKinley Street, where a multicolored sidewalk is shaded
by trees.... ...covered in afghans and puffballs hang from the branches
in addition to a variety of murals around this major thoroughfare.
Additionally, you'll also find an array of artist studios and mom-and-pop shops and note this as a place where workspaces and storefronts
collide. Hunt down records at Grand Avenue Records, sip on coffee
and view local artwork at Belhaus, and find some new plant babies at the Instagram-friendly Pueblo. The property is also just under one mile from the heart of downtown Phoenix, and roughly one mile to the nearest Light Rail Station. It is minutes to the Stadium District, the Downtown Biomedical Campus, ASU Downtown Campus, in addition to the I-10 Freeway, giving residents easy access to all areas of Metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will
prove to be a phenomenal development opportunity in a fantastic
central location. 802 North 15th Avenue is a 14,000 square foot lot with a variety of different development opportunities. The current zoning is C-2 which would allow for approximately 6-7 units, but the seller would be willing to give someone time to change the zoning to a higher density if desired. A piece of this site offers a buyer a bite-sized development opportunity in a strong central location with many different options.

Location

State AZ

County Maricopa

Community Homestead Place 3

Zoning C2

Direction South on 15th Ave to Property on NW Corner of 15th Ave and McKinley.

Exterior

Waterfront No

Building

Lot Description See Remarks

Sewer Other (See Remarks)

New Construction Yes

Others

Senior Community No

Tax ID 111-25-047-B

Acceptable Financing 1031 Exchange, CTL, Conventional

Listing Terms 1031 Exchange, CTL, Conventional

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by ABI Multifamily
Bought with ProSmart Realty

Michael Hankerson

Designated Broker | License ID: BR648768000

+1(602) 770-7205

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