$521,000
325 N 1st Street
Buckeye, AZ 85326
MLS# 5980045
Status: Closed



325 N 1st Street, Buckeye, AZ 85326
  1 / 14  
325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326 325 N 1st Street, Buckeye, AZ 85326

Property Description
Versatile office in the heart of Buckeye! Perfect for business owner! Operate your business out of one of the suites for free and have the other rented spaces pay your mortgage! Nearly completely occupied, this building has TEN Rentable Spaces! Two offices occupying the frontage on Miller Rd (1st St), three smaller offices on the south side of the building, and two more on the north. The west side of the building has a large garage (1,231sf) and a very nice 1 bedroom apartment above. four bathrooms plus the apartment upstairs has another 1.5 bathrooms. (Please do not disturb the occupants)

Details
Maps
Contract Info
Current Price: $521,000
Sold Price: $521,000
Status: Closed
List Date: 2019-09-18
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R24
House Number: 325
Compass: N
Street Name: 1st
St Suffix: Street
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
Country: USA
County Code: Maricopa
Assessor's Map #: 36
Assessor's Parcel #: 971
Add'l Parcels: No
Assessor Number: 400-36-971
Legal: TH POR SE4 NE4 SEC 6 DAF COM E4 COR SD SEC TH N 672.77F TH S 88D 47M W 40.01F TO POB TH CONT S 88D 47M W 193.01F TH N 10
Tax Municipality: Maricopa - COUNTY
Taxes: 9104
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 7000
Ttl Apx Net Rnt Spc: 7000
# of Buildings: 1
Lot Size Dimensions: Irregular
Year Built: 1969
Volts/Amps: 3 phase power
Uncvrd Parking Spcs: 15
Zoning: Commercial
Remarks & Misc
Cross Street: Hwy 85 and Miller
Directions: North on miller/1st st to property on the left.
Geo Lat: 33.372449
Geo Lon: -112.591236
Status Change Info
Status Change Date: 2019-12-20
Off Market Date: 2019-10-28
Under Contract Date: 2019-10-26
Close of Escrow Date: 2019-12-19
Sold Price: $521,000
Legal Info
Township: 6
Range: 3W
Section: 1S
Income & Expenses
Annual Elec Exp: 9000
Annual Gas Exp: 700
Annual Ins Exp: 2500
Annual Landscape Exp: 200
Annual Trash Exp: 1150
Annual Wtr/Swr Exp: 1750
Owner Association: No
Operating Exp: 24404
Gross Annual Sch Inc: 67200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 63840
Net Operating Income: 43000
Pmt & Rate Info
Cap Rate: 7.82
Equity: 550000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing
Current Use: Mixed Use; Office
Stories: 1 Story
Construction: Block; Stucco; Frame - Wood
Roofing: Comp Shingle; Foam; Other (See Remarks)
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central A/C; Heat Pump
Loading Facilities: None
Interior: Finished; Security Light(s); Alarm System; Phone System; Private Restrooms; Public Restrooms
Exterior: Landscaping; Building Sign; Security Light(s)
Fencing: Chain Link
Amenities: Kitchen; Showers - Office; Showers - Plant; Security Gate
Parking: Private Parking; Paved Parking
Electric: APS
Gas: SW Gas; Master Meter
Water: City Franchise
Sewer: Septic Tank; Septic in & Cnctd
Freeway/Highway: 2.1 - 5 Miles
Railroad: Railroad 1 - 5 Miles
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
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
Roads/Streets: Asphalt
Traffic Count: Unknown
Reports/Disclosures: None
Use Restrictions: Existing Easement(s)
Environmental: None

Listing Office: Turf Realty

Last Updated: December - 17 - 2021

325 N 1st Street, Buckeye, AZ 85326 - MLS# 5980045
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.