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$619,000
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Property Description
Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.
Full Property Details
Full Property Details for 3940 N 33rd Ave
General
- Price: $619,000
- Taxes: $4,500 (2023)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6746201
- Updated: 11/21/2025
- Added to Site: 514 day(s) ago
Business
- Business Type: Automobile
Interior
- Flooring: Concrete
Parking
- Parking Features: Paved, Private
Location
- County: Maricopa
- Township: 2N
- Cross Streets: 33rd Ave & Grand Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Warehouse Evap
- Heating Type: Heat Pump
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Structure Type: Commercial
- Exterior Const.: Block
- Roof: Concrete
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Zoning: C-3
Financial Considerations
- Tax Amount: $4,500
- Tax Year: 2023
Disclosures and Reports
- Legal Description: PT NW4 NW4 BEG 175F W& 254.18F S FR NE COR NW4 NW 4 TH S 45D 18M W 592.45F TH S 44D 42M E 400.26F T
- Property ID: 108-02-008-M
- Range: 2E
- Section: 26
- Lot Number: M
Listed by American Realty Brokers
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Schools
Schools serving 3940 N 33rd Ave
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Madrid Neighborhood School 3736 West Osborn Road, Phoenix, AZ 85019 | K-8 | 0.5 mi |
Alhambra High School 3839 West Camelback Road, Phoenix, AZ 85019 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3940 N 33rd Ave
Date
Details
Price
Change
Source
4/14/2025
Price Reduced
$619,000
-3.13%
MLS
1/22/2025
Price Reduced
$639,000
-11.86%
MLS
8/20/2024
Listed
$725,000
119.7%
MLS
10/10/2007
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3940 N 33rd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,729
8%
$42,548
5%
2024
$4,387
-3%
$40,428
-3%
2023
$4,500
-1%
$41,568
24%
2022
$4,529
—
$33,562
14%
2022
$4,529
-3%
$29,382
—
2021
$4,667
4%
$29,382
1%
2020
$4,487
1%
$29,163
4%
2019
$4,432
8%
$28,043
5%
2018
$4,092
1%
$26,717
3%
2017
$4,040
4%
$26,048
9%
2016
$3,870
4%
$23,937
13%
2015
$3,712
9%
$21,184
7%
2014
$3,411
-12%
$19,715
-6%
2013
$3,876
—
$20,958
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3940 N 33rd Ave
3940 N 33rd Avenue, Phoenix, AZ 85017 (MLS# 6746201) is a Commercial property. 3940 N 33rd Avenue is currently listed for $619,000 and was received on August 20, 2024. Want to learn more about 3940 N 33rd Avenue? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

