$1,600,000
2649 W INDIAN SCHOOL Road
Phoenix, AZ 85017
MLS# 6044080
2895 sqft


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: $1,600,000
List Price: $1,600,000
Status: Active
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
Country: USA
County Code: Maricopa
Legal Description (Abbrev): TH PT NW4 NW4 NW4 SEC 25 DAF BEG NW COR SD SEC 25 TH S 98.50F TH S 89D 50M E 40F TO POB TH N 44D 47M
Assessor's Map #: 1
Assessor's Parcel #: 15
Assessor Parcel Ltr: D
Add'l Parcels: No
Assessor Number: 110-01-015-D
Census Tract: 116900
Legal: TH PT NW4 NW4 NW4 SEC 25 DAF BEG NW COR SD SEC 25 TH S 98.50F TH S 89D 50M E 40F TO POB TH N 44D 47M
Tax Municipality: Phoenix
Taxes: 19297
Tax Year: 2019
General Property Description
Approx SQFT: 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
Status Change Date: 2021-02-21
Legal Info
Township: 2N
Range: 2E
Section: 25
Lot Number: o
Income & Expenses
Owner Association: No
Annual Other Expense: 348597.65
Operating Exp: 367894.65
Gross Annual Sch Inc: 4777713.15
Adjusted Gross Inc: 4777713.15
Net Operating Income: 542029.65
Pmt & Rate Info
Down Payment: 800000
Cap Rate: 33.88
Equity: 1600000
Contact Info
List Agent Home Phn: 602-493-7561
Property Features
Building Type: Commercial
Current Use: Automobile; Packge Store(Liquor); Fast Food
Stories: 1 Story
Construction: Block
Roofing: Other (See Remarks)
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Heat Pump
Cooling: Central A/C
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: None
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Owner Wants: Cash to Loan
Source of Fincl Data: Provided by 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
Reports/Disclosures: Seller Prop Disc Stm
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: February - 21 - 2021

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

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