$1,650,000
12200 N 111TH Avenue
Youngtown, AZ 85363
MLS# 6609296



12200 N 111TH Avenue, Youngtown, AZ 85363
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12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363 12200 N 111TH Avenue, Youngtown, AZ 85363

Property Description
Located on a busy corner between Sun City Golf Course and Maricopa Lake Park, the possibilities are endless with this diamond in the ruff. This bank turned church is on an oversized corner lot with twenty-nine covered and uncovered parking spaces. The main doors lead to a single large open interior building with vaulted ceilings and a huge show floor space. Four constructed offices, restrooms and extra storage rooms are also found on the main floor. Next to the main floor is a private office suite with its separate entrance, reception area and restrooms. Behind the main floor with its own entrance, you will find four more offices, a kitchen, bathrooms, and extra storage space.

Details
Maps
Contract Info
Current Price: $1,650,000
List Price: $1,650,000
Status: Active
List Date: 2023-09-22
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 12200
Compass: N
Street Name: 111TH
St Suffix: Avenue
City/Town Code: Youngtown
State/Province: AZ
Zip Code: 85363
Zip4: 1225
Country: USA
County Code: Maricopa
Legal Description (Abbrev): TRACT A YOUNGTOWN MANOR MCR 009238
Subdivision: YOUNGTOWN MANOR
Assessor's Map #: 85
Assessor's Parcel #: 120
Assessor Parcel Ltr: C
Add'l Parcels: No
Assessor Number: 200-85-120-C
Census Tract: 71600
Legal: TRACT A YOUNGTOWN MANOR MCR 009238
Tax Municipality: Youngtown
Taxes: 14535
Tax Year: 2022
General Property Description
Type of Property: Office Bank Church
Ttl Apx SqFt Bldg: 7207
# of Buildings: 1
Year Built: 1962
Uncvrd Parking Spcs: 11
Zoning: C-1
Remarks & Misc
Cross Street: N 111th Ave and W Youngtown Ave
Directions: Follow AZ-202/AZ-202 Loop, I-10 W and AZ-101 Loop N to W Peoria Ave in Peoria. Take exit 10 from AZ-101 Loop N. Continue on W Peoria Ave to your destination is on the right.
Geo Lat: 33.595287
Geo Lon: -112.299097
Status Change Info
Status Change Date: 2024-03-26
Legal Info
Township: 3N
Range: 1E
Section: 18
Income & Expenses
Owner Association: No
Annual Other Expense: 14353
Operating Exp: 28888
Net Operating Income: 14353
Pmt & Rate Info
Cap Rate: 0.7
Equity: 2053000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial; Office
Current Use: Mixed Use; Religious Facility; Recreational; Office
Stories: 1 Story
Construction: Block; Tilt-Up; Brick
Roofing: Built-Up
Floors: Other
Ceiling Height: 10.1 Feet to 12 Feet; 16.1 Feet to 28 Feet
Heating: Heat Pump
Cooling: Window/Wall Unit; Office A/C; Office Evap
Loading Facilities: None
Interior: Finished; Smoke Detector(s); Security Light(s); Private Restrooms; Public Restrooms
Exterior: Corner Lot; Building Sign
Fencing: None
Amenities: Kitchen
Parking: Parking Structure; Private Parking; Paved Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
New Financing: Lease Option/Purchse
Showing Notification Methods: Text; Email
Lockbox Type: Mech-box / Combo
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Roads/Streets: Asphalt; Curb(s) & Gutter(s); Sidewalk(s); Alley
Traffic Count: 15,001 to 25,000
Reports/Disclosures: None
Environmental: None
Supplements
This property has space for retail, warehousing, sales, manufacturing, and commercial property usage and is to be sold in present condition As-is. This property is also available for lease, MLS 6609294

Listing Office: Barrett Real Estate

Last Updated: April - 02 - 2024

12200 N 111TH Avenue, Youngtown, AZ 85363 - MLS# 6609296
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