$1,200,000
635 W GLENROSA Avenue
Phoenix, AZ 85013
MLS# 5407905
Status: Closed



635 W GLENROSA Avenue, Phoenix, AZ 85013
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635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013 635 W GLENROSA Avenue, Phoenix, AZ 85013

Property Description
Unique Investment Opportunity! This .54 acres (23,558 sf) property can be (a) an investment; (b) a an assemblage, or (c) an owner/user; Property manage 29 bays, 9 storage spaces, 6 auto lifts and 1 paint booth; 12,264 sf under roof; traffic count 27,123 cars/day; CAP RATE 7.2%; Rental Prices can be increased; Melrose District; C-3 Zoning is grandfathered in; otherwise: C-2 Zoning; 7th Avenue & Glenrosa upgraded by City of Phoenix; Newer power poles, sidewalks and canopies; 7th Ave Overlay District allows more parking; close to Camelback Road; Vibrant area; Arts district area; half .5 mile from light rail and Central Ave.

Details
Maps
Contract Info
Current Price: $1,200,000
Sold Price: $1,200,000
Status: Closed
List Date: 2016-02-03
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P34
House Number: 635
Compass: W
Street Name: GLENROSA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85013
Zip4: 3065
Country: USA
County Code: Maricopa
Assessor's Map #: 39
Assessor's Parcel #: 89
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 155-39-089-A
Census Tract: 117100
Legal: S 100F OF E 120F OF N 120F OF SE4 SE4 EX E 5F
Tax Municipality: Maricopa - COUNTY
Taxes: 9251
Tax Year: 2013
General Property Description
Ttl Apx SqFt Bldg: 12265
# of Buildings: 6
Year Built: 1948
Uncvrd Parking Spcs: 12
Zoning: C-3 grandfather
Remarks & Misc
Cross Street: 7th Ave & Glenrosa Ave
Directions: E on Glenrosa to property on South side
Geo Lat: 33.498292
Geo Lon: -112.082713
Status Change Info
Status Change Date: 2021-12-14
Off Market Date: 2021-09-12
Under Contract Date: 2021-08-20
Close of Escrow Date: 2021-12-13
Sold Price: $1,200,000
Legal Info
Township: 2N
Range: 3E
Section: 19
Income & Expenses
Owner Association: No
Operating Exp: 9251
Net Operating Income: 90000
Pmt & Rate Info
Cap Rate: 7.5
Equity: 1200000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial; Office
Current Use: Automobile
Stories: 1 Story
Construction: Block
Roofing: Comp Shingle; Metal
Floors: Concrete; Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet; 12.1 Feet to 14 Feet
Heating: None
Cooling: None
Loading Facilities: None
Interior: Finished; Private Restrooms; Public Restrooms
Exterior: Corner Lot; Dual Street Ftg; Storage Yard; Pole Sign; Building Sign
Fencing: Other; See Remarks
Amenities: Security Gate
Parking: Fenced; Private Parking; Paved Parking
Electric: SRP; Individual Meter; 3 Phase Power
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: 2.1 - 5 Miles
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
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; Concrete; Curb(s) & Gutter(s); Sidewalk(s); Alley
Traffic Count: 25,001 to 35,000
Reports/Disclosures: None
Environmental: None

Listing Office: LRA Real Estate Group, LLC

Last Updated: January - 07 - 2022

635 W GLENROSA Avenue, Phoenix, AZ 85013 - MLS# 5407905
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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