$885,000
Phoenix, AZ 85040
MLS# 6270386
Status: Closed

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Property Description
Excellent Owner/User or Redevelopment opportunity. Over 28,000 daily traffic count and over 110,000 population in three mile radius. Light rail extension going in within one mile. One vacant 2300sf space built out as Dentist office with equipment. Possible Drive Thru Redevelopment. 178 foot frontage on Southern. Great Visibility. Located in Opportunity Zone. Please do not disturb Tenants.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $885,000
Sold Price: $885,000
Status: Closed
List Date: 2021-07-21
Location, Tax & Legal
Assessor's Map #: 44
Legal Description (Abbrev): BEG AT PT 210' W OF & 40' N OF SE COR E2 SE4 SE4 TH N 175' W 180' S 175' TH E 180' TO POB .72 AC
Assessor's Parcel #: 64
Assessor Parcel Ltr: N
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 14530
Legal: BEG AT PT 210' W OF & 40' N OF SE COR E2 SE4 SE4 TH N 175' W 180' S 175' TH E 180' TO POB .72 AC
Map Code/Grid: R34
House Number: 432
Compass: E
Street Name: SOUTHERN
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 9335
County Code: Maricopa
Assessor Number: 113-44-064-N
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 8233
# of Buildings: 1
Uncvrd Parking Spcs: 40
Year Built: 1967
Zoning: C-1
Legal Info
Range: 3E
Section: 29
Township: 1N
Lot Number: 29
Construction
Block: 1
Brick: 1
Roofing
Foam: 1
Floors
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 14530
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Distribution/Warehouse: 1
Business Type
Dental: 1
Service Business: 1
Medical: 1
Professional/Office: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 895000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Email: 1
Lockbox Type
None: 1
Ceiling Height
14.1 Feet to 16 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Loading Facilities
None: 1
Exterior
Pole Sign: 1
Building Sign: 1
Monument Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
25,001 to 35,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Conventional
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: E Southern Ave & S 7th Street
Directions: East on Southern from Central Ave property is on the north side.
Geo Lat: 33.392574
Geo Lon: -112.067808
Status Change Info
Off Market Date: 2022-02-04
Under Contract Date: 2021-12-17
Close of Escrow Date: 2022-02-15
Sold Price: $885,000
Property Features
Building Type: Commercial; Office; Distribution/Warehouse
Business Type: Dental; Service Business; Medical; Professional/Office; Retail
Stories: 1 Story
Construction: Block; Brick
Roofing: Foam
Floors: Ceramic Tile; Carpet
Ceiling Height: 14.1 Feet to 16 Feet
Cooling: Central Air
Loading Facilities: None
Exterior: Pole Sign; Building Sign; Monument Sign
Fencing: None
Parking Features: Free
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Showing Notification Methods: Email
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
Traffic Count: 25,001 to 35,000
Environmental: None
Listing Office: Bliss Realty & Investments
Last Updated: November - 13 - 2024

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