$1,300,000
Phoenix, AZ 85020
MLS# 6686453
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Property Description
Great two-story commercial building constructed in 1987. Total building area is 6,162 square feet. Construction is concrete block load-bearing walls on a reinforced concrete foundation and a steel framed-roof with rolled asphalt covering. The building has upgraded three-phase electric service and a freight elevator (rating 2000 lbs) plus a loading dock. The first floor is 3,761 square feet and contains an office area (36%) and a warehouse area (64%). There are two bathrooms downstairs with one containing a shower. These spaces could easily become all warehouse, all office or whatever use a buyer wanted. The second floor is 2,401 square feet and is fully finished as an apartment with a living room, dining room, kitchen, four bedrooms, and two full baths. There are so many options here.
Details
Maps
Contract Info
Current Price: $1,300,000
List Price: $1,300,000
Status: Active
List Date: 2024-04-04
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 11410
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 1410
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 40 ABEL'S ACRES AMD MCR 004410
Subdivision: ABEL'S ACRES AMD
Assessor's Map #: 21
Assessor's Parcel #: 41
Add'l Parcels: No
Assessor Number: 166-21-041
Census Tract: 103702
Legal: LOT 40 ABEL'S ACRES AMD MCR 004410
Tax Municipality: Phoenix
Taxes: 6851
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 6163
# of Buildings: 1
Year Built: 1987
Uncvrd Parking Spcs: 4
Zoning: C-2
Flood Zone: TBD
Remarks & Misc
Cross Street: Cactus and Cave Creek Rd.
Directions: South on Cave Creek to property, west side of street. 24 hr notice to show please.
Geo Lat: 33.589908
Geo Lon: -112.046518
Status Change Info
Status Change Date: 2024-04-04
Legal Info
Township: 3N
Range: 3E
Section: 22
Lot Number: 40
Bay Info
# of Bays: 1
# of Bay Doors: 1
Bay Door Height: 8
Bay Door Width: 8
Income & Expenses
Annual Elec Exp: 6623
Annual Trash Exp: 1908
Annual Wtr/Swr Exp: 695
Owner Association: No
Operating Exp: 16077
Pmt & Rate Info
Equity: 1300000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial; Office; Distribution/Warehse
Current Use: Mixed Use; Office
Stories: 2 Stories
Construction: Block; Tilt-Up; Metal; Frame - Wood
Roofing: Rolled
Floors: Concrete; Wood; Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet; 12.1 Feet to 14 Feet
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: Dock High
Interior: Finished; Private Restrooms
Exterior: Corner Lot
Fencing: None
Amenities: Freight Elevator(s); Conference Room; Kitchen; Showers - Office
Parking: Private Parking; Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: 2.1 - 5 Miles
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Ln Type: 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: Seller Prop Disc Stm
Environmental: None
Supplements
This could be a live-work situation, a great base for a service company with the upstairs being employee offices and the downstairs being a parts department or any other possibility you can imagine.
The office build-out includes treated concrete flooring, wood-framed partition walls with drywall coverings, and a mix of acoustic tile and open-joist ceilings. Build-out for the apartment includes tile and wood floor coverings and wood-framed partition walls and ceilings with drywall coverings. The apartment and office have been remodeled within the past five years and are in good condition. Kitchen appointments include newer stainless-steel appliances (refrigerator, oven, microwave, range, dishwasher, and hood), granite tile countertops, and cherry wood cabinetry. Additional site improvements include approximately 4,800 square feet of concrete-paved drive and a parking area with 8 marked parking spots. There is additional parking on the side along 16th Place.
Previously this building was a packaging plant and most recently office space for an electrical engineering firm with tons of storage space for components. Great location for an EZ commute to the airport or downtown PHX. The 51 is just minutes away.
Listing Office: West USA Realty
Last Updated: April - 05 - 2024
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