$425,000
1343 E UNIVERSITY Drive
Tempe, AZ 85288
MLS# 5959737
Status: Closed



1343 E UNIVERSITY Drive, Tempe, AZ 85288
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1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288 1343 E UNIVERSITY Drive, Tempe, AZ 85288

Property Description
SUPERB LOCATION CLOSE TO ARIZONA STATE UNIVERSITY IN TEMPE ALREADY BUILT OUT BLDG ZONED GENERAL INDUSTRIAL DISTRICT (GID)**FREEWAYS NEAR 101 & 202 PREVIOUSLY RENTED FOR $3,200 PER MONTH WHICH IS ON THE LOW SIDE**WALK TO FOUR PEAKS BREWERY IN WALKING DISTANCE & OWNER MAY CARRY THE FINANCING W/$50K DOWN @ 7% AMORTIZED 15 YEARS W/ A BALLOON IN 3 YRS-FLOOR PLAN IN DOC TAB NEAR TEMPE TOWN LAKE, ALL THE VENUES, ENTERTAINING, TEMPE MARKET PLACE, TERMS ON AGREEMENT FOR SALE - ZONED LIGHT INDUSTRIAL AND GID IN THE CITY OF TEMPE -OFFICE SPACE & ROOMS UP FRONT WITH WAREHOUSE IN BACK WITH BAY DRIVE IN DOOR IN BACK FOR LOADING & UNLOADING - CORNER PROPERTY - BRING YOUR DREAM BUSINESS HERE AND GET STARTED IN THE TEMPE AREA - DON'T MISS OUT WITH SELLER WILL CARRY THE PAPER -/PAY CASH OR GET A SBA LOAN

Details
Maps
Contract Info
Current Price: $425,000
Sold Price: $425,000
Status: Closed
List Date: 2019-08-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R37
House Number: 1343
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 4216
Country: USA
County Code: Maricopa
Legal Description (Abbrev): AZTECH COURT AMD LOT A1A2 B1B2 E1E2 F1F2 M-P
Subdivision: AZ Tech Court AMD A1 A2 B1 B2 E1 E2 F1 F2 M-P
Assessor's Map #: 59
Assessor's Parcel #: 47
Add'l Parcels: No
Assessor Number: 132-59-047
Census Tract: 319103
Legal: AZTECH COURT AMD MCR 300-1
Tax Municipality: Tempe
Taxes: 4565
Tax Year: 2018
General Property Description
Type of Property: Office- Warehouse space - Ind
Ttl Apx SqFt Bldg: 3282
# of Buildings: 1
Year Built: 1985
Zoning: GID/ County I-1
Remarks & Misc
Cross Street: University & Dorsey
Directions: Head East on University then take a right going South on Dorsey In Industrial Park Area Called AZtech Court - Near Arizona State University
Geo Lat: 33.419897
Geo Lon: -111.916709
Status Change Info
Status Change Date: 2020-01-16
Off Market Date: 2019-12-08
Under Contract Date: 2019-12-07
Close of Escrow Date: 2020-01-15
Sold Price: $425,000
Legal Info
Township: 1N
Range: 4E
Section: 23
Lot Number: A2
Bay Info
# of Bays: 1
# of Bay Doors: 1
Income & Expenses
Owner Association: Yes
Operating Exp: 4565
Pmt & Rate Info
Down Payment: 50000
Equity: 450000
Sold Info
Loan Type: SBA
Loan Years: 10
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: %
Property Features
Building Type: Commercial; Industrial; Office; Distribution/Warehse; Other (See Remarks)
Current Use: Office; Warehouse
Stories: 1 Story
Construction: Block; Tilt-Up; Metal; Frame - Wood; Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Concrete; Wood; Ceramic Tile; Other
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Central A/C; Office A/C
Loading Facilities: Drive-in Door(s)
Interior: Finished; Fire Sprinklers; Private Restrooms
Exterior: Corner Lot
Fencing: None
Amenities: Conference Room; Showroom; Kitchen
Parking: Public Parking; Other (See Remarks)
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Over 5.1 Miles
Source of Fincl Data: Provided by Owner
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
Roads/Streets: Asphalt
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm
Use Restrictions: CC&R's
Environmental: None

Listing Office: HomeSmart

Last Updated: July - 06 - 2022

1343 E UNIVERSITY Drive, Tempe, AZ 85288 - MLS# 5959737
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