$345,000
Coolidge, AZ 85128
MLS# 6528595
Status: Closed
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Property Description
HUGEEE PRICE DROP!! Mixed-Use zoning provides a fantastic Owner-user / Investment Opportunity in the BOOMING corridor between Phoenix & Tucson. In an Opportunity Zone! Series 9 Liquor License. Upgraded electrical!! 1200 AMPS. ** Opportunity to remodel attached SFR for rental income?? See photos. 250 SF walk-in beer/beverage cooler Multiple walk-in freezers/refrigerators (all operational). 4 Refrigerating food displays 1000 SF of storage space for additional inventory (back of store). Money wiring & check cashing services 6,435 SF - Retail/Convenience/Liquor AND 2,064 SF - Single Family Home (attached; back of property)
Details
Maps
Contract Info
Current Price: $345,000
Sold Price: $345,000
Status: Closed
List Date: 2023-03-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: W45
House Number: 375
Compass: W
Street Name: COOLIDGE
St Suffix: Avenue
City/Town Code: Coolidge
State/Province: AZ
Zip Code: 85128
Zip4: 5117
Country: USA
County Code: Pinal
Legal Description (Abbrev): LOT 2 BLOCK 1 SEAGOE'S SECOND ADDITION CAB 3 SLD 38
Subdivision: SEAGOE'S SECOND ADDITION
Assessor's Map #: 15
Assessor's Parcel #: 2
Add'l Parcels: No
Assessor Number: 205-15-002
Census Tract: 1000
Legal: LOT 2 BLOCK 1 SEAGOE'S SECOND ADDITION CAB 3 SLD 38
Tax Municipality: Coolidge
Taxes: 4340
Tax Year: 2022
Marketing Name: Coolidge Market
General Property Description
Type of Property: Grocery/Liquor/Retail
Ttl Apx SqFt Bldg: 8499
# of Buildings: 1
Year Built: 1953
Volts/Amps: 1200
Uncvrd Parking Spcs: 17
Zoning: MIXED
Flood Zone: No
Remarks & Misc
Cross Street: Coolidge Avenue & 4th Street
Directions: Turn east on Coolidge Ave from Arizona Blvd to 4th Street; On south side of the road.
Geo Lat: 32.973171
Geo Lon: -111.521403
Status Change Info
Status Change Date: 2023-08-12
Off Market Date: 2023-08-12
Under Contract Date: 2023-06-23
Close of Escrow Date: 2023-08-11
Sold Price: $345,000
Legal Info
Township: 05S
Range: 08E
Section: 27
Lot Number: 2
Income & Expenses
Owner Association: No
Operating Exp: 4340
Gross Annual Sch Inc: 724896.08
Adjusted Gross Inc: 724896.08
Net Operating Income: 28680.48
Pmt & Rate Info
Cap Rate: 5.88
Equity: 487500
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Mixed Use; Service Business; Packge Store(Liquor); Retail; Wholesale
Stories: 1 Story
Construction: Block
Roofing: Comp Shingle
Floors: Vinyl
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Ceiling; Heat Pump; Office Heated; 2 or More Units
Cooling: Central A/C; Office A/C; Warehouse A/C; Warehouse Fan(s); Chiller System; Heat Pump
Loading Facilities: Grade Level
Interior: Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Phone System; Private Restrooms
Fencing: Chain Link; Partial
Amenities: Conference Room; Reception Room; Showroom; Kitchen; Display Window(s)
Parking: Public Parking; Paved Parking
Electric: APS; Over 220 Amp
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Source of Fincl Data: Provided by Accntnt
Reports/Disclosures: Seller Prop Disc Stm
Environmental: Other (See Remarks)
Listing Office: The Firm RE
Last Updated: August - 12 - 2023
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