733 E Marlette Ave, Phoenix, AZ, 85014

733 E Marlette Ave Phoenix, AZ 85014

Phoenix
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$787,500
Last Verified:
May 08, 2024


Description

Redevelopment opportunity.

Discover the thriving neighborhood surrounding this prime Phoenix location. Situated in the heart of the city, the area offers an array of dining options, retail shops, and cultural attractions. Enjoy easy access to the vibrant Biltmore District and the bustling Camelback Corridor, both known for their upscale amenities and business-friendly atmosphere. With proximity to the State Route 51 freeway, commuting to and from the property is seamless. As an investor, you'll appreciate the dynamic mix of businesses, hotels, and corporate headquarters in the area, making it an ideal choice for an office building investment in Phoenix.


Year Built: 1958
Building Size: 2549sq ft
Building Class: C
Lot Size: 0.32 acres

Map of 733 E Marlette Ave, Phoenix, AZ, 85014

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.