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2201 N 7TH Street, Phoenix, Arizona

$469,000Active

2201 N 7TH Street, Phoenix, Arizona 85006
ABI Multifamily - MLS® ID: 5532815

Property Details

2201 N 7TH Street, Phoenix, Arizona 85006 - The Coronado Cafe is an incredible opportunity to purchase a historic restaurant building in the center of Phoenix! The property is located in the heart of Midtown Phoenix's 7th Street Corridor, minutes from the Phoenix Country Club to the north, the I-10 Freeway to the south, less than 3/4 of a mile to the nearest light rail station, and less than two miles to Chase Field and the Downtown Phoenix Stadium District. This portion of 7th Street has been extremely popular for revitalization and adaptive re-use projects, with old buildings and historic houses being converted into vibrant, cool, hip restaurants and cafes. This investment opportunity is currently a successful, fully operating restaurant and the current NNN lease produces a 6.4% CAP, with a lease running thru August 2020 with a

Amenities

  • Zip85006
  • CountyMaricopa
  • SQFT1217
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeC-1
  • Year built1915
  • Lot size6555.00
  • Tax amount$4,348.00
  • Office IDabim01
  • Agent IDjk517
  • Agent nameJohn Klocek
  • MLS® ID5532815

Broker: ABI Multifamily

Listing Courtesy of ABI Multifamily

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“Best realtor we have ever worked with. The virtual tour of our house that she prepared was outstanding!! She is extremely professional and knowledgeable. We would have no reservations in recommending Kris to anyone who wants to buy or sell a house.”

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