$500,000
Phoenix, AZ 85012
MLS# 6535631
Status: Closed
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Property Description
PRIME retail/office location right on Central Ave and Camelback. There are approximately 225 residential condominiums in Landmark Towers, which is part of the property. Walking distance to the popular Uptown Plaza filled with great restaurants, AJ Fine Foods as well as new luxury development Camelback One across the street containing 141 brand new high end apartments. Current tenant can vacate with notice making this a great opportunity for an owner user. Great use for office, medical and retail. Unit comes with excellent monument signage. Space was updated in 2019. Seller carry is an option. Video walkthrough available upon request.
Details
Maps
Contract Info
Current Price: $500,000
Sold Price: $500,000
Status: Closed
List Date: 2023-03-24
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P34
House Number: 4750
Compass: N
Street Name: CENTRAL
St Suffix: Avenue
Unit #: C-2
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Zip4: 1732
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT C-2 LANDMARK TOWERS CONDOMINIUM BUILDING C REPLAT MCR 120608
Subdivision: LANDMARK TOWERS CONDOMINIUM BUILDING C REPLAT
Assessor's Map #: 28
Assessor's Parcel #: 404
Add'l Parcels: No
Assessor Number: 155-28-404
Census Tract: 108802
Legal: LOT C-2 LANDMARK TOWERS CONDOMINIUM BUILDING C REPLAT MCR 120608
Tax Municipality: Phoenix
Taxes: 5135
Tax Year: 2022
Marketing Name: Landmark on Central
General Property Description
Ttl Apx SqFt Bldg: 2052
Ttl Apx Net Rnt Spc: 2052
# of Buildings: 1
Year Built: 1963
Uncvrd Parking Spcs: 6
Zoning: C-2
Remarks & Misc
Cross Street: Central & Camelback
Directions: South on Central Ave to property on the West side.
Geo Lat: 33.506925
Geo Lon: -112.074189
Status Change Info
Status Change Date: 2023-10-20
Off Market Date: 2023-10-17
Under Contract Date: 2023-09-14
Close of Escrow Date: 2023-10-19
Sold Price: $500,000
Legal Info
Township: 2N
Range: 3E
Section: 20
Lot Number: C-2
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 22491
Operating Exp: 27626
Pmt & Rate Info
Equity: 550000
Sold Info
Loan Type: Carryback
Loan Years: 3
Payment Type: Balloon
Clsing Cost Split: Seller Assist - A
Buyer Concession $/%: $
Seller Concession to Buyer: 36567
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Current Use: Office; Retail
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Wood; Carpet; Other
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Private Restrooms
Exterior: Building Sign; Monument Sign
Fencing: None
Amenities: Conference Room; Reception Room; Kitchen; Computer Room
Parking: Parking Structure; Private Parking
Electric: APS
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Phone Call
Lockbox Type: None
Special: Owner/Agent
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
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None
Listing Office: Metro Realty
Last Updated: October - 20 - 2023
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