$583,400
Sierra Vista, AZ 85635
MLS# 6313503
Status: Closed
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Property Description
Prime/Retail/Office Property on Busy Corner Lot – income-producing investment property, with retail and office mixed use, central air conditioning, and rear access for delivery or private entrances. This retail center is located just off Fry Blvd in the Historic West End. The center features lots of parking, easy in and out with traffic, and fast access to Fort Huachuca! Do not miss this great opportunity!!
Details
Maps
Contract Info
Current Price: $583,400
Sold Price: $583,400
Status: Closed
List Date: 2021-10-28
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C73
House Number: 100
Compass: S
Street Name: 2ND
St Suffix: Street
City/Town Code: Sierra Vista
State/Province: AZ
Zip Code: 85635
Zip4: 2541
Country: USA
County Code: Cochise
Legal Description (Abbrev): IN NWNE PT OF LOT 2 BY M&B BEG 910'E & 820'S OF NW COR OF NENW TOTPOB S400' E115' THN ALNG CURVE TO
Assessor's Map #: 10
Assessor's Parcel #: 28
Add'l Parcels: No
Assessor Number: 105-10-028
Census Tract: 1501
Legal: IN NWNE PT OF LOT 2 BY M&B BEG 910'E & 820'S OF NW COR OF NENW TOTPOB S400' E115' THN ALNG CURVE TO
Tax Municipality: Sierra Vista
Taxes: 7158
Tax Year: 2021
General Property Description
Type of Property: Commercial Strip Center
Ttl Apx SqFt Bldg: 11301
# of Buildings: 1
Year Built: 1970
Uncvrd Parking Spcs: 33
Zoning: GC
Flood Zone: No
Remarks & Misc
Directions: West on Fry Blvd and South on 2nd Street to property on the Right.
Geo Lat: 31.552956
Geo Lon: -110.296657
Status Change Info
Status Change Date: 2022-01-31
Off Market Date: 2022-01-31
Under Contract Date: 2021-12-09
Close of Escrow Date: 2022-01-31
Sold Price: $583,400
Legal Info
Township: 22
Range: 20
Section: 03
Lot Number: 2
Income & Expenses
Owner Association: No
Gross Annual Sch Inc: 63000
Vacancy Allowance: 9600
Adjusted Gross Inc: 604737000
Net Operating Income: 63000
Pmt & Rate Info
Cap Rate: 9.69
Equity: 650000
Sold Info
Loan Type: Carryback
Loan Years: 7
Payment Type: Balloon
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Mixed Use; Office; Retail
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete; Vinyl; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Private Restrooms
Exterior: Corner Lot; Pole Sign; Building Sign; Monument Sign
Fencing: None
Parking: Private Parking
Electric: SSVEC
Gas: SW Gas
Water: Private Franchise
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Roads/Streets: Asphalt
Reports/Disclosures: None
Environmental: None
Listing Office: Sierra Vista Realty, Inc
Last Updated: February - 01 - 2022
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