$635,000
Gilbert, AZ 85296
MLS# 5758970
Status: Closed
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Property Description
Don't miss out on this rare opportunity to own one of the last county island commercial properties in Gilbert! Prime, highly visible location on Gilbert Rd, just minutes from historic downtown Gilbert. Property offers 3 retail shops along with 10 furnished ofc suites, 2 kitchenettes & 4 rstrms. 607 & 609 Gilbert retail/ofc plaza has approximately 3872 total sf located on .41 acres. Prime Gilbert location with frontage on Gilbert Rd. 607 Gilbert has 1466 sf with 3 retail suites available (two 400 sf and one 600 sf) with a total of 2 rstrms & 1 kitchenette. 609 Gilbert has 2406 sf of available ofc space with 10 fully-furnished suites, reception area, kitchen, 2 rstrms & covered parking. Unique county island property (zoned Maricopa County C2) with wide range of commercial uses available.
Details
Maps
Contract Info
Current Price: $635,000
Sold Price: $635,000
Status: Closed
List Date: 2018-04-30
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: S40
House Number: 609
Compass: S
Street Name: GILBERT
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 2803
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PT SW4 DAF BEG SW COR SEC TH N 1206.55F TO POB N 150F E 183F S 150F W 183F TO POB EX W 65F RD
Assessor's Map #: 23
Assessor's Parcel #: 2
Assessor Parcel Ltr: L
Add'l Parcels: No
Assessor Number: 304-23-002-L
Census Tract: 422404
Legal: PT SW4 DAF BEG SW COR SEC TH N 1206.55F TO POB N 150F E 183F S 150F W 183F TO POB EX W 65F RD
Tax Municipality: Maricopa - COUNTY
Taxes: 4752
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 3872
# of Buildings: 2
Year Built: 1971
Uncvrd Parking Spcs: 17
Zoning: C-2
Remarks & Misc
Cross Street: GILBERT / WARNER
Directions: N ON GILBERT, PROPERTY 1/8 MI ON R.
Geo Lat: 33.338994
Geo Lon: -111.789372
Status Change Info
Status Change Date: 2018-10-06
Off Market Date: 2018-09-19
Under Contract Date: 2018-07-30
Close of Escrow Date: 2018-10-05
Sold Price: $635,000
Legal Info
Township: 1S
Range: 6E
Section: 18
Income & Expenses
Owner Association: No
Operating Exp: 4752
Pmt & Rate Info
Equity: 695000
Sold Info
Loan Type: Conventional
Loan Years: 25
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office
Current Use: Mixed Use; Office; Retail
Stories: 1 Story
Construction: Block; Stucco; Frame - Wood
Roofing: Comp Shingle; Built-Up; Tile; Rolled
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8 Feet or Less
Cooling: Central A/C; Office A/C
Loading Facilities: None
Interior: Finished; Security Camera(s); Alarm System; Private Restrooms
Exterior: Landscaping; Building Sign; Monument Sign
Fencing: Block
Amenities: Reception Room; Kitchen
Parking: Public Parking; Private Parking; Other (See Remarks)
Electric: APS; SRP
Gas: None
Water: City Franchise
Sewer: Septic Tank; Septic in & Cnctd
Freeway/Highway: Frontage
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Dedicated Street; Concrete; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: 25,001 to 35,000
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: February - 13 - 2020
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