$400,000
Apache Junction, AZ 85119
MLS# 5848421
Status: Closed
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Property Description
BEAUTIFUL FREE STANDING BUILDING ON MAJOR ROAD. HIGH CEILING, SHORT SALE TRANSACTION. Bring your cash offer!! Great potential for Restaurant! RECEPTION, LARGE CENTER ROOM FOR 100 SEATS, 5 PRIVATE OFFICE/ROOM 2 BATHROOM CURRENT LOAN AMOUNT AT $1 MILLION. LENDER HAS AGREED TO REDUCE LOAN AMOUNT SUBSTANTIALLY AND PRE-APPROVED FOR SHORT SALE.
Details
Maps
Contract Info
Current Price: $400,000
Sold Price: $400,000
Status: Closed
List Date: 2018-11-16
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R44
House Number: 400
Compass: S
Street Name: IDAHO
St Suffix: Road
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 2304
Country: USA
County Code: Pinal
Legal Description (Abbrev): BEG AT TH SE COR OF THE NE QTR OF THE SE QTR OF SEC 20-1N-8E N-52 W-374.88 N-165.43 E-84.74 AROUND A
Subdivision: FRY'S NO 65 SUBDIVISION
Assessor's Map #: 14
Assessor's Parcel #: 7
Assessor Parcel Ltr: G
Add'l Parcels: No
Assessor Number: 101-14-007-G
Census Tract: 312
Legal: BEG AT TH SE COR OF THE NE QTR OF THE SE QTR OF SEC 20-1N-8E N-52 W-374.88 N-165.43 E-84.74 AROUND A
Tax Municipality: Apache Junction
Tax Year: 2018
Marketing Name: Apache Junction Corner
General Property Description
Type of Property: Commercial
Ttl Apx SqFt Bldg: 4820
# of Buildings: 1
Year Built: 2000
Uncvrd Parking Spcs: 36
Zoning: co
Remarks & Misc
Cross Street: APACHE TRAIL & IDAHO RD
Directions: HYW 60, EXIT IDAHO RD N. TO PROPERTY
Geo Lat: 33.41174
Geo Lon: -111.546911
Status Change Info
Status Change Date: 2019-03-09
Off Market Date: 2019-03-07
Under Contract Date: 2019-02-26
Close of Escrow Date: 2019-03-08
Sold Price: $400,000
Legal Info
Township: 01N
Range: 08E
Section: 20
Lot Number: 7G
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 5000
Operating Exp: 5000
Pmt & Rate Info
Equity: 450000
Assessment Balance: 8121.45
Assessment Bal Yrs: 2018
Contact Info
List Agent Home Phn: 480-922-1020
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Other (See Remarks)
Current Use: Religious Facility
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete; Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling: Central A/C
Loading Facilities: Other (See Remarks)
Interior: Finished
Exterior: Landscaping; Roof Sign; Pole Sign; Security Light(s)
Fencing: Partial
Parking: Private Parking; Paved Parking
Electric: SRP
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Special: Lender/Corp Apr Req
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Private
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Reports/Disclosures: None
Use Restrictions: Deed Restrictions; CC&R's
Environmental: None
Listing Office: Net Land Realty
Last Updated: March - 09 - 2019
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