219 E Lexington Ave, Phoenix, AZ, 85012

219 E Lexington Ave Phoenix, AZ 85012

Phoenix
FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Oct 02, 2024

Daily Email Blast
0 times


Highlights

  • Consisting of a reception area, four private offices, one restroom, storage areas, and a break room.
  • Located within the Midtown Focus Area for Economic Development and the Reinvent PHX Midtown District.
  • Conveniently located near restaurants, transportation, and shopping

Description

Located in the heart of Midtown, R.O.I. Properties is pleased to present a recently renovated single-story 1,608 SF office building for sale. The property is situated between 3rd St and Central Ave, just south of Osborn Rd, located within the Midtown Focus Area for Economic Development and the Reinvent PHX Midtown District. The property’s current and future corridor characteristics, heading along 3rd St from Indian School Rd to Roosevelt St, is primed to be a “signature street that supports a live, work, play, mixed-use district” per the City of Phoenix. This property is ideal for general office users, medical office users, or special use groups looking to be in an urban redeveloping part of the valley.

Office


Year Built: 1950
Building Size: 1608sq ft
Building Class: C
Lot Size: 0.15 acres

Map of 219 E Lexington Ave, Phoenix, AZ, 85012

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.