$415,000
6051 E HIDDEN VALLEY Drive
Cave Creek, AZ 85331
MLS# 5882668
Status: Closed



6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331
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6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331 6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331 6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331 6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331 6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331

Property Description
Multi-tenant retail / office building with short-term rents will be suitable for an owner-user, investor, or both! Approx 63% occupied - has over $2,300/month income, with room to grow this. Includes ~850 SF warehouse with bay door, plus a ~460 SF detached conference or storage room. Spacious patio and back yard faces the desert and has mountain views. Possible live-work configurations. Extra parking is available at the adjacent public lot. Tremendous upside and value-add opportunity.

Details
Maps
Contract Info
Current Price: $415,000
Sold Price: $415,000
Status: Closed
List Date: 2019-02-01
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: F36
House Number: 6051
Compass: E
Street Name: HIDDEN VALLEY
St Suffix: Drive
City/Town Code: Cave Creek
State/Province: AZ
Zip Code: 85331
Zip4: 8898
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 25 HIDDEN VALLEY LOTS 8-39 & TRS A, B & C MCR 006342
Subdivision: HIDDEN VALLEY LOTS 8-39 & TRS A, B & C
Assessor's Map #: 11
Assessor's Parcel #: 26
Add'l Parcels: No
Assessor Number: 211-11-026
Census Tract: 30402
Legal: LOT 25 HIDDEN VALLEY LOTS 8-39 & TRS A, B & C MCR 006342
Tax Municipality: Cave Creek
Taxes: 1353
Tax Year: 2018
Marketing Name: Tamarisk Grove
General Property Description
Type of Property: Retail / Office with Warehouse
Ttl Apx SqFt Bldg: 3763
# of Buildings: 2
Year Built: 1955
Uncvrd Parking Spcs: 12
Zoning: CB
Remarks & Misc
Cross Street: Cave Creek Road and Hidden Valley Drive
Directions: In the Town of Cave Creek, from Cave Creek Road south on Hidden Valley Drive to property.
Geo Lat: 33.831027
Geo Lon: -111.949765
Status Change Info
Status Change Date: 2019-08-19
Off Market Date: 2019-08-19
Under Contract Date: 2019-07-22
Close of Escrow Date: 2019-08-13
Sold Price: $415,000
Legal Info
Township: 6N
Range: 4E
Section: 28
Lot Number: 25
Income & Expenses
Owner Association: No
Operating Exp: 1353
Pmt & Rate Info
Equity: 515000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 4175
Seller Concession $/%: $
Property Features
Building Type: Commercial; Office; Distribution/Warehse; Other (See Remarks)
Current Use: Mixed Use; Service Business; Medical/Dental; Office; Warehouse; Retail; Wholesale; Food Service
Stories: 1 Story
Construction: Block; Stucco; Frame - Wood
Roofing: Built-Up; Shake; Metal
Floors: Concrete; Vinyl; Ceramic Tile; Other
Ceiling Height: 8.1 Feet to 10 Feet; 12.1 Feet to 14 Feet
Heating: Heat Pump
Cooling: Warehouse A/C; Heat Pump
Loading Facilities: Grade Level; Drive-in Door(s)
Interior: Finished; Fire Sprinklers; Alarm System; Private Restrooms
Exterior: Corner Lot; Landscaping; Building Sign
Fencing: Block; Partial; Other; See Remarks
Amenities: Conference Room; Reception Room; Showroom; Kitchen; LAN Compatible Copr; Display Window(s)
Parking: Free; Public Parking; Private Parking; Paved Parking
Electric: APS
Gas: Underground; Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
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: Other (See Remarks)
Environmental: Other (See Remarks)

Listing Office: Realty ONE Group

Last Updated: August - 20 - 2019

6051 E HIDDEN VALLEY Drive, Cave Creek, AZ 85331 - MLS# 5882668
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