Luxury Multi-Use Building For Sale – Fully Remodeled, Prime Location

Asking Price$5,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.66829

Price per Sq. Ft.Not Disclosed

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Luxury Multi-Use Building For Sale – Fully Remodeled, Prime Location


Asking Price$5,700,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.66829

Price per Sq. Ft.Not Disclosed

Property Description
This 3-story, 66,829 sq ft building, built in 1965 and fully remodeled in 2019-2020, is a maintenance-free investment with an appraised value over $6 million and 10 years left on tax abatement. Zoned U-3 for residential luxury living and commercial use, it features 40 fully furnished 1 & 2-bedroom units, ideal for Airbnb short-term stays or long-term rentals ranging from $975 to $1,400/month (utilities included). The upscale Alexander Pierce restaurant and commercial space generate $9,000/month in rent.

Key Features:

Prime Location: Near hospitals, freeways, Goodyear World Headquarters, shopping, and dining.
Residential Units: 40 fully furnished units with high-end appliances, perfect for Airbnb or long-term tenants.
Commercial Space: High-end restaurant and additional commercial area available for development.
Amenities: Modern gym, quality common areas, meeting rooms, vending, courtyards, tenant club lounge, dedicated fiber line for internet, and security system
Accessibility: One elevator, fully accessible common areas.
Parking: 84 spaces.
Utilities: Public utilities, included in rent.
Condition: Fully remodeled exterior and interior for low maintenance.
Additional Highlights:

Excellent connectivity to highways and local attractions.
Strong income potential with Airbnb for vacant units.
Contact listing agent for more details.
A turnkey, high-value property in a thriving area, ready for immediate returns.
Listing Info
ID:
2364420
Listing Views:
409

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Property Listed by: KIKO Auctioneers Kiko Company

Listing ID: 2364420 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.