$1,300,000
Phoenix, AZ 85003
MLS# 6251190
Status: Closed
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Property Description
The subject property was built in 1905 by H.P. Demund and is designated historic by the city of Phoenix. The property is currently configured for a professional office user. The subject improvements total 4,659 square feet consisting of 7 private offices, one conference room and a 1,553 square foot finished basement (included in total square footage). The seller has done an immaculate job of maintaining and upgrading the property while preserving its historic charm! This property is close to many of Downtown Phoenix's most popular restaurants and businesses, Roosevelt Row, ASU Downtown Campus, multiple light-rail stations and City, State, and Federal Courthouses. Sale includes APN#111-40-028; 030
Details
Maps
Documents
Contract Info
Current Price: $1,300,000
Sold Price: $1,300,000
Status: Closed
List Date: 2021-06-15
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 649
Compass: N
Street Name: 2ND
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 25 BLOCK B BENNETT PLACE A-C & H-J MCR 000243
Subdivision: BENNETT PLACE A-C & H-J
Assessor's Map #: 40
Assessor's Parcel #: 30
Add'l Parcels: Yes
Assessor Number: 111-40-030
Census Tract: 113100
Legal: LOT 25 BLOCK B BENNETT PLACE A-C & H-J MCR 000243
Tax Municipality: Phoenix
Taxes: 16439.4
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 4659
# of Buildings: 1
Year Built: 1905
Uncvrd Parking Spcs: 13
Zoning: DTC-E-ROO
Remarks & Misc
Cross Street: 2nd Ave and McKinley
Directions: From the I-10 take N. 7th Avenue, south toward W. McKinley Street. Head east on McKinley Street, toward N. 2nd Avenue, property is on the southwest corner of 2nd Ave and McKinley St.
Geo Lat: 33.456507
Geo Lon: -112.076019
Status Change Info
Status Change Date: 2022-05-09
Off Market Date: 2022-05-06
Under Contract Date: 2022-04-26
Close of Escrow Date: 2022-05-06
Sold Price: $1,300,000
Legal Info
Township: 1N
Range: 3E
Section: 5
Lot Number: 25
Income & Expenses
Owner Association: No
Operating Exp: 16439.4
Pmt & Rate Info
Equity: 1450000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office; Other (See Remarks)
Current Use: Office
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Comp Shingle
Floors: Wood; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Security System; Security Light(s); Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Monument Sign; Other (See Remarks)
Fencing: Block; Other
Amenities: Conference Room; Reception Room; Kitchen; Other (See Remarks)
Parking: Fenced
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
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; Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear; Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Sidewalk(s)
Reports/Disclosures: None
Environmental: None
Brochure 
Listing Office: R.O.I. Properties
Last Updated: February - 21 - 2024
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