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1746 W Van Buren St
Phoenix, AZ 85007 Grand

$5,100,000 USD

Storefront Retail Residential For Sale  •  5,717 SF

Property Details

• Property Type Storefront Retail Residential
• Total Building Size 12,995 SF
• Lot Size 0.3 AC
• Building Class B
• Year Built 1955
• Tenancy Multiple
• Zoning C-3

60 Transit Score

50 Walk Score

Highlights

The Van Buren Portfolio presents a rare opportunity to acquire a fully occupied, stabilized retail asset delivering predictable cash flow

The portfolio generates a combined NOI of $444,377 across 12,995 SF (8,055 SF of Retail & 4,940 SF of Multifamily),with blended cap rate of 8.71%

The multifamily units across 310-312 Van Buren offer flexibility between traditional leasing and short-term Airbnb strategies

Ownership of both 1746 W Van Buren and 1800 W Van Buren provides the ability to control both corners of the intersection

Situated on Van Buren Street and 18th Avenue, just 0.5 miles from I-17, the properties enjoy excellent accessibility and exposure to over 36,000 VPD

The subject is located in the emerging Capitol District, home to 15,000+ government employees and undergoing a major redevelopment surge

Amenities

• Bus Line
• Corner Lot
• Fenced Lot
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	15 min	-	8.4 mi
Phoenix-Mesa Gateway	48 min	-	34.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes