$1,800,000
Queen Creek, AZ 85142
MLS# 6461749
1 / 5
Property Description
In The HEART Of Queen Creek....Approved Restaurant in downtown Queen Creek. Our buyer did not perform. Queen Creek Is GROWING !! This area is hot its time to commit.
Details
Maps
Contract Info
Current Price: $1,800,000
List Price: $1,800,000
Status: Active
List Date: 2022-09-09
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: V43
House Number: 21838
Compass: S
Street Name: ELLSWORTH
St Suffix: Road
City/Town Code: Queen Creek
State/Province: AZ
Zip Code: 85142
Zip4: 9313
Country: USA
County Code: Maricopa
Subdivision: COUNTRY MINI-FARMS 2
Assessor's Map #: 64
Assessor's Parcel #: 33
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 304-64-033-A
Census Tract: 816900
Legal: s70.7f of fol desc prop beg 133f n of se cor sec 16 th w 158f th n 100f th e 158f th s 100f to pob
Tax Municipality: Queen Creek
Taxes: 4827
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 4640
# of Buildings: 1
Year Built: 1953
Zoning: [DC] COMMERCIAL
Remarks & Misc
Cross Street: Ellsworth Road and Ocotillo Road
Directions: This approved restaurant use is located at the NWC of Ellsworth and Ocotillo Roads. It back up to the Founders Park South of Building.
There are Grants available Through the City of Queen Creek.
Geo Lat: 33.247355
Geo Lon: -111.583137
Status Change Info
Status Change Date: 2023-08-04
Income & Expenses
Owner Association: No
Operating Exp: 4827
Net Operating Income: 4597
Pmt & Rate Info
Cap Rate: 0.25
Equity: 1850000
Property Features
Building Type: Commercial
Current Use: Restaurant
Stories: 1 Story
Construction: Block
Roofing: Other (See Remarks)
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Other
Cooling: Other
Loading Facilities: None
Interior: Unfinished; Other (See Remarks)
Fencing: None
Parking: Public Parking
Electric: SRP
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Source of Fincl Data: Unknown; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Reports/Disclosures: Seller Prop Disc Stm; Development Plan Avl; None
Environmental: None
Listing Office: Long Realty Partners
Last Updated: January - 23 - 2024
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Broker Attribution:
tmartin@longrealty.com