Find Similar Homes MoreMenu

3051 E THOMAS Road, Phoenix, Arizona

$489,500Active

3051 E THOMAS Road, Phoenix, Arizona 85016
Coldwell Banker Residential Brokerage - MLS® ID: 5707648

Property Details

3051 E THOMAS Road, Phoenix, Arizona 85016 - Great 5,260 sq. ft. two story C-2 building that can be Mixed Use Commercial, Residential, Office. Perfect for either a live-in business arrangement OR rent the upstairs and the ground floor! You decide! Massage Business has 6 treatment rooms and pays $2,300 in month-to-month for 2,654 sq. ft. ground floor and wants to stay! Instant Income! Upstairs separate entrance is a 2,605 sq. ft., 5 BR, 3 BA residence that can be converted to office space for the right tenant or you can live there! Big upside income potential for renting the upstairs residence to maybe a family, students, insurance office, attorney office? You pick-em! Conceivable CAP renting the whole building could be as high as 11+%.

View Virtual Tour

Amenities

  • Zip85016
  • CountyMaricopa
  • SQFT5260
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeC-2
  • Year built1985
  • Lot size10765.00
  • Tax amount$7,344.00
  • Office IDcbrb02
  • Agent IDtr323
  • Agent nameThomas Ross
  • MLS® ID5707648

Broker: Coldwell Banker Residential Brokerage

Listing Courtesy of Coldwell Banker Residential Brokerage

Have Questions?

“We had a great experience with WELLS Realty. They were friendly, helpful and always available for questions and concerns. They made our moving from one state to another stress free. I would use them in my next purchase without a doubt.”

Call us
(480) 779-7761