$300,000
4401 S 7th Place
Phoenix, AZ 85040
MLS# 6020294
Status: Closed



4401 S 7th Place, Phoenix, AZ 85040
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Property Description
Religious facility for sale with C-3 zoning. This property has a ton of potential for other uses as well. Tax exemption is due to current building status, this could change if a new business opens. This location could also work for a restaurant and many other types of business. Do not bother tenants, tenant occupied. Storage Shed and Mounted TV's do not convey.

Details
Maps
Contract Info
Current Price: $300,000
Sold Price: $300,000
Status: Closed
List Date: 2020-01-06
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R34
House Number: 4401
Compass: S
Street Name: 7th
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 2276
Country: USA
County Code: Maricopa
Assessor's Map #: 46
Assessor's Parcel #: 114
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 113-46-114-A
Census Tract: 1159
Legal: PACKER PARK LOT 20 EX N 7'
Tax Municipality: Phoenix
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 2636
Ttl Apx Net Rnt Spc: 2636
# of Buildings: 1
Lot Size Dimensions: 113 x 116
Year Built: 1954
Volts/Amps: 240
Uncvrd Parking Spcs: 20
Zoning: C3
Remarks & Misc
Cross Street: 7TH STREET & BROADWAY
Directions: E on Broadway, property on SE Corner of 7th Pl and Broadway Rd
Geo Lat: 33.406516
Geo Lon: -112.063146
Status Change Info
Status Change Date: 2020-07-01
Off Market Date: 2020-06-22
Under Contract Date: 2020-05-08
Close of Escrow Date: 2020-06-30
Sold Price: $300,000
Legal Info
Township: 1N
Range: 3E
Section: 28
Lot Number: 20
Income & Expenses
Annual Elec Exp: 1
Annual Gas Exp: 1
Annual Ins Exp: 1
Annual Wtr/Swr Exp: 1
Owner Association: No
Operating Exp: 4
Pmt & Rate Info
Equity: 325000
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; Other (See Remarks)
Current Use: Religious Facility
Stories: 1 Story
Construction: Block
Roofing: Comp Shingle
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Heating: 2 or More Units
Cooling: Central A/C; Window/Wall Unit; Office Evap; Heat Pump
Loading Facilities: None
Interior: Finished; Alarm System; Private Restrooms
Exterior: Corner Lot
Fencing: Chain Link
Amenities: Kitchen
Parking: Fenced; Private Parking
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer-In & Connected
Freeway/Highway: Up to 1 Mile
Lockbox Type: Supra (ARMLS)
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Private
Existing 1st Ln Type: Fixed
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; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm
Use Restrictions: Existing Easement(s)
Environmental: None

Listing Office: neXGen Real Estate

Last Updated: June - 30 - 2023

4401 S 7th Place, Phoenix, AZ 85040 - MLS# 6020294
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