Listed by Matthews
$2,300,000
5001 S Central Ave
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 8,850
Net Rentable (SqFt) 8,850
Units 1
Tenancy Vacant
Price per SqFt $260
Year Built 1981
Year Renovated 2020
Buildings 1
Acreage 0.910
Zoning C-3, Phoenix
Investment Type Owner/User
Ground Lease No
Ceiling Height 16
Dock High Doors 4
Vacant ±8,850 SF Industrial Building with Yard in South Phoenix – Owner/User or Lease-Up Opportunity
Investment highlights
- Flexible Owner-User or Lease-Up: Vacant ±8,850 SF industrial building allowing immediate occupancy or repositioning for an investor-driven lease-up strategy.
- Functional Industrial Improvements: ±7,450 SF main building plus ±1,400 SF side shop with 16’ clear height, supporting a wide range of light industrial and service uses.
- Substantial Site Size: Nearly one-acre parcel (±0.91 AC) providing yard potential, outdoor storage capability, and operational flexibility.
- Recent Capital Improvements: Originally built in 1981 and renovated in 2020, offering updated improvements relative to comparable vintage product.
- C-3 Zoning: Commercial zoning allows for broad industrial, automotive, contractor, and service-related uses, enhancing backfill optionality.
- Established South Phoenix Location: Positioned along S Central Ave in the 85040 submarket, with strong connectivity to Downtown Phoenix, Sky Harbor Airport, and major transportation corridors.
Listing Contacts
Listed by Matthews
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