• Price $675,000
  • Sq. Ft.9,000
  • Acres0.22
  • Built1979
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11116 W California Avenue ,

CASH COW! up to 9.4% + CAP. This well kept multi tenant building has three addresses 11116,11124,11132 W California Ave., just off of 111th Ave in Youngtown. Some tenants have been here 20+ years! Seller say everyone pays on time! Rents could be higher! Very well kept building. Even with one vacancy the CAP is 8%. Filling the one vacancy would bring the CAP up to about 9.4%. All other suites are currently occupied by various businesses. Monument signs at front east side. All suites exit to 47 parking spots. Annual ''other expenses'' are all utilities. EXCELLENT CAP RATE. SHOWINGS ONLY PERMITTED WITH BUYER PROOF OF FUNDS or PREQUAL FROM LENDER.

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Essential Information

  • MLS® #6050105
  • Price$675,000
  • Taxes$10,565
  • Square Footage9,000
  • Acres0.22
  • Year Built1979
  • TypeCommercial Sale
  • Sub-TypeCommercial, Office
  • StatusActive

Amenities

  • Garage Spaces47
  • ParkingPaved Parking, Free, Public Parking

Exterior

  • Exterior FeaturesMonument Sign, Security Light(s)
  • RoofBuilt-Up
  • ConstructionBlock, Stucco

Listing Details

  • Listing OfficeColdwell Banker Realty

Community Information

  • Address11116 W California Avenue
  • SubdivisionYOUNGTOWN PARK
  • StateAZ

Interior

  • Interior FeaturesFinished, Private Restrooms, Finished to Suit, Smoke Detector(s)
  • HeatingGas
  • CoolingCentral A/C
  • Stories1 Story

Additional Information

  • ZoningC-1

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 9th, 2020 at 6:47pm AKDT.

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