$400,000
Chandler, AZ 85225
MLS# 5773587
Status: Closed
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Property Description
Don't miss out on the opportunity to own a retail business location with frontage on Arizona Ave nestled in the heart of the current Downtown Chandler revival and expansion. Zoned for commercial general use and currently in use as an active All-Terrain Vehicle retail and repair store. 1950sq of interior building space includes a general use/show room and checkout counter, small office, back interior storage/work space, and exterior covered workshop space. Includes large concrete parking or work space area in the back. This building could easily be expanded or remodeled to meeting the needs of a number of business uses. Arizona Ave currently under construction to provide better parking and foot traffic.
Details
Maps
Contract Info
Current Price: $400,000
Sold Price: $400,000
Status: Closed
List Date: 2018-05-31
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: T39
House Number: 355
Compass: S
Street Name: ARIZONA
St Suffix: Avenue
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 7524
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 7 DOBSON ADD MCR 003618
Subdivision: DOBSON ADD
Assessor's Map #: 18
Assessor's Parcel #: 6
Add'l Parcels: No
Assessor Number: 303-18-006
Census Tract: 523102
Legal: LOT 7 DOBSON ADD MCR 003618
Tax Municipality: Chandler
Taxes: 2422
Tax Year: 2017
Marketing Name: Duner's ATV
General Property Description
Ttl Apx SqFt Bldg: 1951
# of Buildings: 1
Year Built: 1956
Uncvrd Parking Spcs: 4
Zoning: C-3
Remarks & Misc
Cross Street: Arizona Ave and Fry Rd
Directions: South on Arizona Ave from Fry Rd. Property is on East side of Rd. Parking in Back Alley or in dirt lot to the north of neighboring building at 347 S. Arizona Ave.
Geo Lat: 33.297866
Geo Lon: -111.841117
Status Change Info
Status Change Date: 2018-12-27
Off Market Date: 2018-12-11
Under Contract Date: 2018-12-01
Close of Escrow Date: 2018-12-21
Sold Price: $400,000
Legal Info
Township: 1S
Range: 5E
Section: 34
Lot Number: 7
Income & Expenses
Owner Association: No
Operating Exp: 2422
Pmt & Rate Info
Down Payment: 50000
Equity: 450000
Contact Info
List Agent Home Phn: 480-703-4072
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Service Business; Retail
Stories: 1 Story
Construction: Block; Metal; Frame - Wood; Brick
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central A/C; Warehouse A/C
Loading Facilities: Grade Level
Interior: Finished
Fencing: Chain Link
Amenities: Showroom; Security Gate
Parking: Fenced; Free
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
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; Curb(s) & Gutter(s); Sidewalk(s); Alley
Traffic Count: 25,001 to 35,000
Reports/Disclosures: None
Environmental: None
Listing Office: The Daniel Montez Real Estate Group
Last Updated: July - 11 - 2023
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