438 N 16TH Street, Phoenix, AZ 85006 (MLS# 6796208)

438 N 16TH Street, Phoenix, AZ 85006

$375,000

Property Type: Comm/Industry Sale Square Footage: 820 Lot Size (sq. ft.): 6,920 Status: Closed

Current Price: $375,000 List Date: 12/20/2024 Last Modified: 2/01/2026

Description

This commercial property is zoned C-2, intermediate commercial district, allowing for numerous uses from retail to auto repair. There is an 819 sq ft building on a 6,920 sq ft lot, that has ample room for expansion or customization. There is a concrete paved back area with steel framework for additional workspace or outdoor seating. Currently there is a window tint business renting on a month to month basis. The property includes essential utilities and updated plumbing and electrical and is in a prime location near downtown Phoenix, with high visibility.

More Information MLS# 6796208

Contract Info

Ownership: Fee Simple Current Price: $375,000 Sold Price: $375,000 Status: Closed List Date: 2024-11-19

Location, Tax & Legal

Assessor's Map #: 18 Legal Description (Abbrev): LOT 22 BARKLEY PLACE MCR 000716 Assessor's Parcel #: 21 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 113201 Taxes: 1623 Legal: LOT 22 BARKLEY PLACE MCR 000716 House Number: 438 Compass: N Street Name: 16TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 3709 County Code: Maricopa Subdivision: BARKLEY PLACE Assessor Number: 116-18-021 Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 820 # of Buildings: 1 Uncvrd Parking Spcs: 0 Year Built: 1921 Zoning: C-2

Currently Not Used

Sold Price Per SqFt: 481.71

Legal Info

Range: 3E Section: 4 Township: 1N Lot Number: 22

Construction

Wood Frame: 1

Roofing

Built-Up: 1

Floors

Vinyl: 1 Ceramic Tile: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 1623 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Industrial: 1 Office: 1

Business Type

Mixed: 1 Service Business: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 0.44 Equity: 395000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8 Feet or Less: 1

Heating

Heat Pump: 1

Cooling

Central Air: 1

Interior Features

Finished: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Traffic Count

Unknown: 1

Fencing

Block: 1

Water Source

Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Parking Lot: 1

Electric

APS: 1

Gas

None: 1

New Financing

Other (See Remarks): 1

Reports/Disclosures

Seller Prop Disc Stm: 1 Appraisal: 1

Environmental

None: 1

Sold Info

Loan Type: SBA Loan Years: 20 Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: McDowell & 16th Directions: South on 16th, accross I 17 to the property on the West side of the street Geo Lat: 33.454321 Geo Lon: -112.048063

Status Change Info

Off Market Date: 2026-02-01 Under Contract Date: 2025-10-07 Close of Escrow Date: 2026-01-31 Sold Price: $375,000

Income Expenses

Net Operating Income: 1750

Property Features

Building Type: Commercial; Industrial; Office Business Type: Mixed; Service Business Stories: 1 Story Construction: Wood Frame Roofing: Built-Up Floors: Vinyl; Ceramic Tile Ceiling Height: 8 Feet or Less Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: Block Parking Features: Parking Lot Electric: APS Gas: None Water Source: Individual Meter Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Road Surface Type: Asphalt Traffic Count: Unknown Environmental: None

Listing Office: eXp Realty

Last Updated: February - 01 - 2026