$1,075,000
5525 W GLENDALE Avenue
Glendale, AZ 85301
MLS# 6427568
Status: Closed



5525 W GLENDALE Avenue, Glendale, AZ 85301
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Property Description
Amazing opportunity! Great commercial properties nestled on a premium corner lot in downtown Glendale! Discover vaulted ceilings with exposed beams, wood flooring, and welcoming receiving areas. Four suites separately metered. In each suite is unique, in some you will find offices, conference rooms, kitchenette, private restrooms, all designed for each client's need, Below you'll find 1800 sq ft if basement which is perfect for a storage room and split in 1/2 with rental income on half. Long term anchor tenant in unit 101 with high upgrades, an established clientele that brings in traffic. Restaurants, shops and entertainment are just a few feet away in the center of town.

Details
Maps
Contract Info
Current Price: $1,075,000
Sold Price: $1,075,000
Status: Closed
List Date: 2022-07-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N32
House Number: 5525
Compass: W
Street Name: GLENDALE
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85301
Zip4: 2574
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 22 BLOCK 17 PARK ADDN BLKS 26-28, 7-15 MCR 000342
Subdivision: PARK ADDN BLKS 26-28, 7-15
Assessor's Map #: 2
Assessor's Parcel #: 133
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 146-02-133-A
Census Tract: 92900
Legal: LOT 22 BLOCK 17 PARK ADDN BLKS 26-28, 7-15 MCR 000342
Tax Municipality: Maricopa - COUNTY
Taxes: 9232
Tax Year: 2021
Marketing Name: Brick Building
General Property Description
Ttl Apx SqFt Bldg: 5998
# of Buildings: 2
Lot Size Dimensions: Irregular
Year Built: 2005
Uncvrd Parking Spcs: 15
Zoning: C-2
Flood Zone: No
Remarks & Misc
Cross Street: 59th Ave and Glendale
Directions: E Glendale Ave. S on 55th, parking lot is in the back
Geo Lat: 33.538356
Geo Lon: -112.178356
Status Change Info
Status Change Date: 2023-08-01
Off Market Date: 2023-07-25
Under Contract Date: 2023-05-18
Close of Escrow Date: 2023-07-31
Sold Price: $1,075,000
Legal Info
Township: 2N
Range: 2E
Section: 8
Lot Number: 22
Income & Expenses
Annual Elec Exp: 1734.24
Annual Ins Exp: 856
Annual Landscape Exp: 1800
Annual Wtr/Swr Exp: 1400.88
Owner Association: No
Operating Exp: 15023.12
Pmt & Rate Info
Equity: 1200000
Contact Info
List Agent Home Phn: 623-979-0065
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; Office
Current Use: Service Business; Office
Stories: 1 Story
Construction: Stucco; Brick
Roofing: Metal
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: Truck Well
Interior: Public Restrooms
Exterior: Corner Lot; Landscaping; Building Sign
Fencing: Block
Amenities: Conference Room; Reception Room; Kitchen; Security Gate; Display Window(s)
Parking: Fenced; Free; Private Parking; Other (See Remarks)
Electric: SRP
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: 2.1 - 5 Miles
Railroad: RlRd up to 1 Mile
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Century 21 Northwest

Last Updated: August - 01 - 2023

5525 W GLENDALE Avenue, Glendale, AZ 85301 - MLS# 6427568
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