$1,200,000
Phoenix, AZ 85034
MLS# 6217586
Status: Closed
1 / 4
Property Description
4 lots all C-3 Zoning, 0.72 acres total; Faces Light Rail. ** 2 building structures approx. 16ksf, 2 small structures approx. 1300 sf **. Adjacent to the hard corner Circle K. Very busy traffic on 16th St and Washington St. Must make an appointment to tour. Call listing Agent. Parcels: 115-04-094, 115-04-095, 115-04-096, 115-04-097
Details
Maps
Documents
Contract Info
Current Price: $1,200,000
Sold Price: $1,200,000
Status: Closed
List Date: 2021-04-02
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: Q35
House Number: 1624
Compass: E
Street Name: WASHINGTON
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
County Code: Maricopa
Subdivision: COLLINS PHOENIX BLKS 23-26, 17, 27
Assessor Number: 115-04-097
Tax Year: 2020
General Property Description
Type of Property: Commercial-Industrial
Ttl Apx SqFt Bldg: 17292
# of Buildings: 4
Year Built: 1925
Uncvrd Parking Spcs: 20
Zoning: C-3
Flood Zone: No
Remarks Misc
Cross Street: 16TH STREET AND WASHINGTON
Directions: Just East of the hard corner Circle K
Geo Lat: 33.448669
Geo Lon: -112.046561
Status Change Info
Off Market Date: 2021-07-08
Under Contract Date: 2021-06-07
Close of Escrow Date: 2021-07-07
Sold Price: $1,200,000
Legal Info
Township: 1N
Range: 3E
Section: 10
Lot Number: 20
Income Expenses
Gross Annual Sch Inc: 42000
Net Operating Income: 19025
Sold Info
Loan Type: Carryback
Loan Years: 2
Payment Type: Interest Only
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehse
Business Type: Mixed; Service Business; Automobile; Professional/Office; Warehouse; Retail; Wholesale
Stories: 2 Stories
Construction: Block
Roofing: Other
Floors: Concrete
Ceiling Height: 12.1 Feet to 14 Feet
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Exterior: Other (See Remarks)
Fencing: Partial
Parking Features: Fenced
Electric: SRP
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner; Tax Return
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks)
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
Traffic Count: Unknown
Environmental: Other (See Remarks)
C-3 Zoning Characteristics, Phoenix 
Listing Office: LRA Real Estate Group, LLC
Last Updated: March - 16 - 2025
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