$900,000
1625 N 40TH Street
Phoenix, AZ 85008
MLS# 5618950
Status: Closed



OVER 1 ACRE OF LAND AND BUILDING AT 40TH STREET & McDOWELL ROAD.
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OVER 1 ACRE OF LAND AND BUILDING AT 40TH STREET & McDOWELL ROAD. 10,000 SQ, FT. BUILDING WITH 5 BAY DOORS 15 FEET HIUGH. ALL BAY DOORS ARE GRADE LEVEL ENTRY. VEHICLES USING BAY DOORS CAN COMPLETELY ENTER THE BUILDING. VIEW FROM THE FRONT SECURITY FENCE. FRONT ENTRY WITH TWO SECURITY GATES. SOUTH END OF PROPERTY USED FOR STORAGE. LOOKING NORTH FROM SIDE STORAGE AREA. LOOKING WEST TOWARDS 40TH STREET. LOOKING SOUTH WEST TO THE TRU MED DISPENSARY FROM THE 10,000 SQ. FT. BUILDING. INTERIOR OF 10,000 SQ. FT. BLOCK BUILDING WITH 15 FT. TALL CEILINGS. ALSO A 15 FT HIGH, 12 FT. WIDE BAY DOOR. INTERIOR VIEW OF BUILDING WITH 15 FT. HIGH CEILINGS. INTERIOR OF BUILDING WITH NATURAL LIGHT FROM SKY LIGHTS AND ADDITIONAL FLUORESCENT LIGHTING. INTERIOR OF BUILDING LOOKING NORTH. INTERIOR OF BUILDING WITH ALL BLOCK CONSTRUCTION. INTERIOR OF BUILDING SHOWING LARGE BAY DOOR AND HYDRAULIC LIFT THAT CAN LIFT BUSES AND RV'S. 3 PHASE POWERE TO BUILDING. NEXT DOOR BUSINESS WHOSE PROPERTY ABUTS TWO SIDES OF THE PROPERTY FOR SALE.

Property Description
BACK ON THE MARKET! BUYER DIDN'T COMPLETE INSPECTIONS! THIS IS READY TO SELL - SELLER IS MOTIVATED - BRING YOUR OFFER. This is a 46,435 square foot lot with a 15 foot high, 10,000 square foot building in the heart of a busy area of Phoenix. A two minute drive to the 202 and just a few more minutes to the airport. The building has four 15 ft high bay doors and 15 foot high interior ceilings and 3 phase power. There is a state licensed dispensary next door bordering the property. This is a large building with lots of room to add on. Full security fencing and a full security system are in place and convey with the property. Please call the listing agent to view the property. DO NOT DISTURB THE OWNER OR THE EMPLOYEES. THANK'S.

Details
Maps
Contract Info
Current Price: $900,000
Sold Price: $900,000
Status: Closed
List Date: 2017-06-02
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P35
House Number: 1625
Compass: N
Street Name: 40TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4004
Country: USA
County Code: Maricopa
Assessor's Map #: 6
Assessor's Parcel #: 172
Add'l Parcels: No
Assessor Number: 126-06-172
Legal: .
Tax Municipality: Maricopa - COUNTY
Taxes: 12789
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 10000
# of Buildings: 1
Year Built: 1968
Uncvrd Parking Spcs: 50
Zoning: C2
Remarks & Misc
Cross Street: 40th Street & McDowell Road
Directions: East or west on McDowell Road. North on 40th Street about 50 yards to the property on the east side of 40th Street.
Geo Lat: 33.466701
Geo Lon: -111.994919
Status Change Info
Status Change Date: 2018-06-30
Off Market Date: 2018-06-21
Under Contract Date: 2018-04-19
Close of Escrow Date: 2018-06-29
Sold Price: $900,000
Legal Info
Township: 2N
Range: 172
Section: 126
Lot Number: 2
Bay Info
# of Bays: 4
# of Bay Doors: 4
Bay Door Height: 15
Bay Door Width: 1012
Income & Expenses
Annual Elec Exp: 4200
Annual Ins Exp: 5520
Annual Trash Exp: 564
Annual Wtr/Swr Exp: 240
Owner Association: No
Operating Exp: 23313
Pmt & Rate Info
Down Payment: 1
Equity: 995000
Contact Info
List Agent Home Phn: 480-298-4405
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehse; Other (See Remarks)
Current Use: Service Business; Automobile; Mini-Storage; Office; Warehouse; Wholesale; Other; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Rolled
Floors: Concrete
Ceiling Height: 14.1 Feet to 16 Feet
Cooling: Office A/C; Warehouse A/C; Warehouse Evap; Heat Pump
Loading Facilities: Grade Level; Drive-in Door(s)
Interior: Finished; Security System; Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior: Storage Yard; Pole Sign; Building Sign; Security Light(s); Security Camera(s)
Fencing: Block; Wire; Security; See Remarks
Amenities: Fiber Optic Availble; Skylight(s); Security Gate
Parking: Fenced; Paved Parking
Electric: SRP; Master Meter; Over 220 Amp; 3 Phase Power
Gas: None
Water: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: Access; Other (See Remarks)
Source of Fincl Data: Provided by Owner; 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; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm
Environmental: Fuel/Chemical Tanks

Listing Office: HomeSmart

Last Updated: June - 30 - 2018

1625 N 40TH Street, Phoenix, AZ 85008 - MLS# 5618950
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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