$825,000
1317 W MCKINLEY Street
Phoenix, AZ 85007
MLS# 5792015
Status: Closed



Aerial of building and grounds. Located across from Barrio Cafe Gran Reserva in the middle of the Grand Ave Arts District.
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Aerial of building and grounds. Located across from Barrio Cafe Gran Reserva in the middle of the Grand Ave Arts District. Expansive interior space 1317 W MCKINLEY Street, Phoenix, AZ 85007 Adjacent land parcels may be available. 1317 W MCKINLEY Street, Phoenix, AZ 85007 Across the street 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007 First Fridays map of art galleries near subject Across the street 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007 1317 W MCKINLEY Street, Phoenix, AZ 85007

Property Description
Mixed-use infill development opportunity in the middle of the Grand Avenue Arts District. The former La Patisserie bakery consists of 11,961 sq ft building on 4 parcels with 25,800 sq ft of land. (Additional adjacent parcels may be available.) Property is just west of The Triangle, across the street from Barrio Cafe & Belhaus, short walk to Treehouse Bakery, Trunk Space, Bikini Lounge, Containers on Grand, Irma's Kitchen, {9} The Gallery, Grand Ave Pizza Co, ThirdSpace, Studio 8 & everything else giving the Grand Ave Arts District it's distinct flavor within Downtown Phoenix. 400A service to the property. Warehousing, co-working space, multi-family possibilities. Preliminary drawings for 13-unit loft-style live/work units by architect Jason Steele available. Contact listing agent for info

Details
Maps
Contract Info
Current Price: $825,000
Sold Price: $825,000
Status: Closed
List Date: 2018-07-11
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 1317
Compass: W
Street Name: MCKINLEY
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2366
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 16 BLOCK K UNIVERSITY ADDITION MCR 000107
Subdivision: UNIVERSITY ADDITION
Assessor's Map #: 27
Assessor's Parcel #: 132
Add'l Parcels: Yes
Assessor Number: 111-27-132
Census Tract: 112900
Legal: LOT 16, 14, 12, 10 BLOCK K UNIVERSITY ADDITION MCR 000107
Tax Municipality: Phoenix
Taxes: 11182
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 11961
# of Buildings: 1
Lot Size Dimensions: 200 x 131
Year Built: 1970
Uncvrd Parking Spcs: 20
Zoning: C-2
Remarks & Misc
Cross Street: Grand Ave / Roosevelt
Directions: (S) to McKinley St, (W) to property on the left.
Geo Lat: 33.456636
Geo Lon: -112.089951
Status Change Info
Status Change Date: 2019-06-25
Off Market Date: 2019-06-25
Under Contract Date: 2019-04-19
Close of Escrow Date: 2019-06-24
Sold Price: $825,000
Legal Info
Township: 1N
Range: 3E
Section: 6
Lot Number: 16
Bay Info
# of Bays: 2
# of Bay Doors: 1
Income & Expenses
Owner Association: No
Operating Exp: 11182
Pmt & Rate Info
Equity: 1250000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehse
Current Use: Warehouse; Food Service; Other; See Remarks
Stories: 1 Story
Construction: Block; Frame - Wood
Roofing: Metal
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet
Heating: Natural Gas
Cooling: Office A/C; Warehouse Evap
Loading Facilities: Truck Well; Drive-in Door(s)
Interior: Finished
Exterior: Storage Yard
Fencing: Security
Parking: Free; Private Parking; Paved Parking
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Reports/Disclosures: None
Environmental: None

Listing Office: Launch Powered By Compass

Last Updated: June - 12 - 2020

1317 W MCKINLEY Street, Phoenix, AZ 85007 - MLS# 5792015
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