$564,200
$500,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
747 W VAN BUREN Street Phoenix, AZ 85003
8,397 Sqft Lot
Key Details
Sold Price $564,200
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6233982
Sold Date 10/01/21
Year Built 1949
Annual Tax Amount $7,053
Tax Year 2021
Lot Size 8,397 Sqft
Acres 0.19
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This historic Art Deco/Art Moderne building with 2,821 SF + 450 SF of basement space is superbly located adjacent to some of Phoenix's most exciting music, entertainment and nightlife. Many of these venues, such as Crescent Ballroom, The Van Buren and The Valley Bar are located in historic adaptive reuse projects, bringing a distinctive new personality to the area. 747 W. Van Buren brings a unique opportunity to add to the growing Downtown entertainment scene, with this rare sale.
Located just West of the Southwest corner of Van Buren and 7th Avenue, the location is within walking distance of both the Grand Avenue Arts District and the Roosevelt Row Arts District, as well as the Downtown ASU Campus. These areas continue to grow, and with many new multifamily projects having just been completed or currently under construction, the area is dense with young urban professionals and recent graduates.
As Downtown Phoenix continues to become a more walkable urban core filled with activity, restaurants, nightlife and tourism, this location is a rare opportunity to develop something extraordinary and make a permanent mark on the future of our city.
This property has a Historic Designation as well as a 30-Year Declaration of Restrictive Covenant.
See documents tab for 30-Year Declaration of Restrictive Covenant and Parking info.
Location
State AZ
County Maricopa
Zoning DTC-VANB HP
Direction From N 7th Avenue and W Van Buren St., head West for approximately 1 block. The property is located on the corner of N 9th Ave., and Van Buren St., on the South side of the road.
Interior
Heating Other, See Remarks, Electric
Cooling See Remarks, Other, Office A/C, Central A/C
Flooring Carpet, Vinyl
Exterior
Parking Features Parking Structure
Fence None
Roof Type See Remarks
Present Use Office
Total Parking Spaces 11
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 112-03-095-D
Financing Other
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