$295,000
1225 E UNIVERSITY Drive
Mesa, AZ 85203
MLS# 5864996
Status: Closed



1225 E UNIVERSITY Drive, Mesa, AZ 85203
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1225 E UNIVERSITY Drive, Mesa, AZ 85203

Property Description
PRICE REDUCED 10/13/17 FOR CASH SALE. This offering consists of a 5 bay self serve car wash with 4 vacuums. Established in 1976 on two parcels and the sale includes all real estate, improvements, equipment. Great opportunity to 're-establish' a proven location for 38 years. Excess land would be great for detail shop or other auto related profit center. C2 Zoning, City of Mesa. 100' frontage on University. All City utilities, all bay lighting is new LED. Average SRP bill is $90/month. Water/Sewer average is $115/month. Owner is a licensed real estate broker in AZ.

Details
Maps
Contract Info
Current Price: $295,000
Sold Price: $295,000
Status: Closed
List Date: 2019-01-08
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R40
House Number: 1225
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Country: USA
County Code: Maricopa
Legal Description (Abbrev): TH E 100F OF W 295.4F OF S 120.4F OF N 295.4F OF NW4
Assessor's Map #: 7
Assessor's Parcel #: 107
Assessor Parcel Ltr: G
Add'l Parcels: Yes
Assessor Number: 138-07-107-G
Census Tract: 421601
Legal: TH E 100F OF W 295.4F OF S 120.4F OF N 295.4F OF NW4
Tax Municipality: Maricopa - CITY
Taxes: 4336
Tax Year: 2015
General Property Description
Ttl Apx SqFt Bldg: 3350
# of Buildings: 1
Year Built: 1976
Zoning: Commercial
Remarks & Misc
Cross Street: Stapely and University
Directions: Southeast Corner of University and Stapely.
Geo Lat: 33.422097
Geo Lon: -111.804494
Status Change Info
Status Change Date: 2020-10-09
Off Market Date: 2020-10-09
Under Contract Date: 2020-09-15
Close of Escrow Date: 2020-10-01
Sold Price: $295,000
Legal Info
Township: 1N
Range: 5E
Section: 24
Lot Number: -
Income & Expenses
Owner Association: No
Operating Exp: 4336
Pmt & Rate Info
Equity: 295000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Retail
Stories: 1 Story
Construction: Block
Roofing: Rolled
Floors: Concrete
Ceiling Height: 14.1 Feet to 16 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: None
Interior: Other (See Remarks)
Fencing: Block
Parking: Other (See Remarks)
Electric: SRP
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: 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
Reports/Disclosures: None
Environmental: None

Listing Office: Platinum Realty Network

Last Updated: August - 06 - 2021

1225 E UNIVERSITY Drive, Mesa, AZ 85203 - MLS# 5864996
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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