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320-328 E Western Ave
Avondale, AZ 85323 Coldwater

$690,000 USD

General Retail For Sale • 5,145 SF

Property Details

Property Type General Retail
Total Building Size 5,145 SF
Lot Size 0.32 AC
Building Class C
Year Built 1973
Cap Rate 4.17 %
Tenancy Multiple
Zoning OTAB

0 Transit Score

84 Walk Score

                
                    Highlights
                
                                Prime location in Old Town Avondale, a designated revitalization district
                            
                                Diverse tenant mix with longstanding occupancy ranging from 5 to 25 years
                            
                                Current annual gross income of approximately $51,400, offering immediate cash flow
                            
                                Significant upside potential through cosmetic enhancements and market-rate adjustments
                            
                                Easy transition opportunity as current tenants prefer to remain on month-to-month agreements, providing flexibility for future strategic leasing
                            
                                Dental office tenant on lease through October 2028, providing steady income

Property Flyers

Western Ave Plaza Sale _ 12.12.25 BLM

Cap Rate:

4.17 %

Major Tenants

Tenant	SF Occupied	Lease End Date
326 Salon
Avondale Family Dental Care
Eagles Tae Kwon Do Academy
Salon 326

Amenities

Signage
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	32 min	-	23.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	26
Type:	Surface
Included in Rent:	Yes

Bobbie Mastracci, SIOR, CCIM 623-748-1958 Phoenix West Commercial

320-328 E Western Ave Avondale, AZ 85323 Coldwater