Renovated Urban In-Fill Office/Special Use Facility

3620 North 4th Avenue Phoenix, AZ 85013

3620 North 4th Avenue, Phoenix, AZ, 85013
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$4,037,000
Last Verified:
Jan 24, 2024

Highlights

  • 1st Floor: Seven offices, two lobbies/receptions, open work areas, a conference room, storage rooms, and a commercial kitchen/dining area.
  • 2nd Floor: Ten offices, two lobbies/receptions, two conference rooms, open workspace, storage rooms, breakroom, copy/work room and two large group areas.
  • Previously an Adult Day Care Facility, 17 Restrooms (4 w/showers)

Description

The property for sale is a two-story, stand-alone office building situated along 4th Avenue between Indian School Road &
Osborn Road, about a half mile north of St. Joseph’s Hospital and Medical Center. The properties submarket, Midtown, is a highly sought-after submarket known for its central location and easy access to the entire valley. This is a rare standalone owner-occupant opportunity in an area packed full of high-rise multi-tenant office buildings.

The subject property consists of a two-story office building located at 3620 N. 4th Avenue,
Phoenix. This location is within the Midtown office district and is about 3.0 miles north of
downtown Phoenix. Interstate 10 is less than two mile to the south. Development along 4th
Avenue is predominantly composed of mid- to high-rise offices and residential condominium and
apartment buildings with smaller scale offices and residential uses extending further east and west
of 4th Avenue.


Year Built: 1976
Building Size: 18350sq ft
Building Class: B
Lot Size: 0.92 acres

Map of 3620 North 4th Avenue, Phoenix, AZ, 85013

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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