$7,500,000
261 E UNIVERSITY Drive
Phoenix, AZ 85004
MLS# 6636923



261 E UNIVERSITY Drive, Phoenix, AZ 85004
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261 E UNIVERSITY Drive, Phoenix, AZ 85004 261 E UNIVERSITY Drive, Phoenix, AZ 85004 261 E UNIVERSITY Drive, Phoenix, AZ 85004 261 E UNIVERSITY Drive, Phoenix, AZ 85004 261 E UNIVERSITY Drive, Phoenix, AZ 85004

Property Description
BACK ON THE MARKET 2/26/24 - Great location just south of downtown Phoenix ** Former manufacturing facility with lots of power (2,000 amp PLUS 1,200 amp) ** Eight dock high doors and three grade level roll-ups (two 12 ft and one 14 ft) ** Small office/kitchenette ** Storage shed plus two covered sheds **

Details
Maps
Contract Info
Current Price: $7,500,000
List Price: $7,500,000
Status: Active
List Date: 2023-12-04
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 261
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2921
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 1 TRENDWOOD INCORPORATED MCR 098607
Subdivision: TRENDWOOD INCORPORATED
Assessor's Map #: 42
Assessor's Parcel #: 217
Add'l Parcels: No
Assessor Number: 112-42-217
Census Tract: 114900
Legal: LOT 1 TRENDWOOD INCORPORATED MCR 098607
Tax Municipality: Phoenix
Taxes: 34382
Tax Year: 2023
Marketing Name: Trentwood
General Property Description
Type of Property: Commercial Warehouse
Ttl Apx SqFt Bldg: 45907
# of Buildings: 4
Lot Size Dimensions: irregular
Year Built: 1979
Zoning: L-1, A-1
Flood Zone: No
Remarks & Misc
Cross Street: 7th Street and University
Directions: From 7th Street and University, west to property
Geo Lat: 33.423341
Geo Lon: -112.070031
Status Change Info
Status Change Date: 2024-04-25
Legal Info
Township: 1N
Range: 3E
Section: 17
Lot Number: 1
Bay Info
# of Bays: 8
Income & Expenses
Owner Association: No
Operating Exp: 34382
Pmt & Rate Info
Equity: 7500000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Manufacturing; Distribution/Warehse
Current Use: Other
Stories: 1 Story
Construction: Metal
Roofing: Rolled
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet
Heating: Other
Cooling: Window/Wall Unit; Office Evap
Loading Facilities: Dock High; Grade Level
Interior: Other (See Remarks)
Fencing: Chain Link
Amenities: Other (See Remarks)
Parking: Private Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Roads/Streets: Asphalt
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Realty Executives

Last Updated: April - 25 - 2024

261 E UNIVERSITY Drive, Phoenix, AZ 85004 - MLS# 6636923
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