$285,000
Phoenix, AZ 85014
MLS# 5896320
Status: Closed
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Property Description
1040 East Indian School Road is an ideal Live/Work opportunity that lies in the path-of-progress that is transitioning this Central Phoenix neighborhood. The property consists of two freestanding buildings that sit on +/- .2 of an acre, that has 55 linear foot of frontage along Indian School Road. The front building is approximately 962 square foot of residential living space that can easily be utilized for office or retail uses if desired. On the back of the property sits a +/- 1,610 square foot warehouse and a covered metal roof structure that is ideal for a showroom or small distribution company.
Details
Maps
Documents
Contract Info
Current Price: $285,000
Sold Price: $285,000
Status: Closed
List Date: 2019-03-13
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: $
Location, Tax & Legal
Map Code/Grid: P34
House Number: 1040
Compass: E
Street Name: Indian School
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: USA
County Code: Maricopa
Subdivision: 10TH PLACE SQUARE
Assessor's Map #: 16
Assessor's Parcel #: 105
Assessor Parcel Ltr: B
Add'l Parcels: No
Assessor Number: 155-16-105-B
Legal: 10TH PLACE SQUARE MCR 1017-23 A PT OF LOT 1 DAF E 55F TH/OF
Tax Municipality: Maricopa - COUNTY
Taxes: 160700
Tax Year: 2018
Marketing Name: Owner / User Opportunity
General Property Description
Ttl Apx SqFt Bldg: 3185
# of Buildings: 2
Year Built: 1968
Uncvrd Parking Spcs: 4
Zoning: C-2
Remarks & Misc
Cross Street: Major: 7th Street and Indian School Road
Geo Lat: 33.495026
Geo Lon: -112.059078
Status Change Info
Status Change Date: 2019-05-22
Off Market Date: 2019-05-22
Under Contract Date: 2019-04-10
Close of Escrow Date: 2019-04-22
Sold Price: $285,000
Legal Info
Township: Phoenix
Lot Number: 21 & 22
Income & Expenses
Owner Association: No
Operating Exp: 160700
Pmt & Rate Info
Equity: 300000
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial; Office; Distribution/Warehse; Other (See Remarks)
Current Use: Office; Warehouse
Stories: 1 Story
Construction: Block; Metal
Roofing: Comp Shingle; Metal
Floors: Concrete; Other
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Office Heated
Cooling: Office A/C; Warehouse A/C
Loading Facilities: Truck Well; Grade Level
Interior: Fire Sprinklers; Private Restrooms
Fencing: Concrete Panel; Security
Parking: Free; Private Parking
Electric: SRP
Gas: None
Water: None
Sewer: Sewer - Available
Source of Fincl Data: Unknown
Existing 1st Loan: Private
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
Reports/Disclosures: None
Environmental: None
PROPERTY BROCHURE 
Listing Office: Sperry Commercial
Last Updated: May - 22 - 2019
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