$1,500,000
2649 W INDIAN SCHOOL Road
Phoenix, AZ 85017
MLS# 6044080
Status: Closed



2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017
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2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017

Property Description
Gas station and retail store. High traffic area. Tax record say built in 2008 but I believe that was when it was renovated. It may have been built in 1974. All new ART dispensers in 2016. Store sells beer and wine. 1.6M with no inventory. Inventory to be taken day of transfer seperately. Everything in the store at 33% retail value, except fuel, at invoice value.

Details
Maps
Contract Info
Current Price: $1,500,000
Sold Price: $1,500,000
Status: Closed
List Date: 2020-02-29
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P33
House Number: 2649
Compass: W
Street Name: INDIAN SCHOOL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 4304
County Code: Maricopa
Assessor Number: 110-01-015-D
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 2895
# of Buildings: 1
Year Built: 2008
Zoning: C-G
Remarks Misc
Cross Street: Indian School Road and 27th Ave
Directions: South East Corner of Indian School Road and 27th Ave
Geo Lat: 33.494515
Geo Lon: -112.116592
Status Change Info
Off Market Date: 2021-05-20
Under Contract Date: 2021-05-17
Close of Escrow Date: 2021-12-31
Sold Price: $1,500,000
Legal Info
Township: 2N
Range: 2E
Section: 25
Lot Number: o
Income Expenses
Gross Annual Sch Inc: 4777713.15
Net Operating Income: 542029.65
Contact Info
List Agent Home Phn: 602-493-7561
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial
Business Type: Automobile; Packge Store(Liquor); Fast Food
Stories: 1 Story
Construction: Block
Roofing: Other
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Heat Pump
Cooling: Central Air
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Public Restrooms
Exterior: Corner Lot
Fencing: Block
Amenities: Other (See Remarks)
Parking Features: None
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Source of Fincl Data: Owner
Existing 1st Loan: SBA
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
Environmental: None
Supplements
Income and expenses are estimated based on January thru July income and expenses. The MLS format does not allow accurate financial data entry in some areas.

Listing Office: West USA Realty

Last Updated: January - 01 - 2022

2649 W INDIAN SCHOOL Road, Phoenix, AZ 85017 - MLS# 6044080

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