$255,000
Phoenix, AZ 85042
MLS# 5825475
Status: Closed
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Property Description
Here is a great opportunity to own your own building on Central Avenue with high visibility in the heart of SoPho. Perfect for an owner occupant who is tired of leasing or an entrepreneur who has been dreaming of starting their own business. This property could be used as a small professional office, medical office, dental office, restaurant, re-zoned for Multi-family or use existing building to increase office space or create a retail opportunity. Located just north of Baseline Road and is only 10 minutes away from Downtown Phoenix. The lot is just shy of 1 Acre at (37,157 Sq Ft or .85 Acres), Zoned C-2, fully fenced, and has access on Central Avenue with over 148 feet of frontage. There is huge potential for a higher and better use here. Just blocks from the future light rail extension.
Details
Maps
Contract Info
Current Price: $255,000
Sold Price: $255,000
Status: Closed
List Date: 2018-09-26
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R34
House Number: 6901
Compass: S
Street Name: CENTRAL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85042
Zip4: 5411
Country: USA
County Code: Maricopa
Legal Description (Abbrev): ROOSEVELT PL EAST W2 LOT 22 EX PER DEED 84/127 & EX W 9F TH/OF PER FEE # 85-607210
Subdivision: ROOSEVELT PLACE EAST 18-37
Assessor's Map #: 10
Assessor's Parcel #: 11
Add'l Parcels: No
Assessor Number: 114-10-011
Census Tract: 116500
Legal: ROOSEVELT PL EAST W2 LOT 22 EX PER DEED 84/127 & EX W 9F TH/OF PER FEE # 85-607210
Tax Municipality: Phoenix
Taxes: 1011
Tax Year: 2017
General Property Description
Ttl Apx SqFt Bldg: 1303
# of Buildings: 1
Year Built: 1936
Uncvrd Parking Spcs: 8
Zoning: C-2
Remarks & Misc
Cross Street: Central and Baseline Rd
Directions: Just north of Baseline Rd on Central Ave then North on Central to Property.
Geo Lat: 33.382956
Geo Lon: -112.072743
Status Change Info
Status Change Date: 2019-01-11
Off Market Date: 2019-01-02
Under Contract Date: 2018-11-17
Close of Escrow Date: 2019-01-11
Sold Price: $255,000
Legal Info
Township: 1N
Range: 3E
Section: 32
Lot Number: 22
Income & Expenses
Owner Association: No
Operating Exp: 1011
Pmt & Rate Info
Down Payment: 5
Equity: 315000
Contact Info
List Agent Home Phn: 602-237-7135
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: Mixed Use; Office
Stories: 1 Story
Construction: Block; Stucco; Frame - Wood
Roofing: Tile
Floors: Ceramic Tile
Ceiling Height: 8 Feet or Less
Heating: Natural Gas
Cooling: Central A/C
Loading Facilities: None
Interior: Finished
Fencing: None
Parking: Private Parking; Other (See Remarks)
Electric: SRP
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Special: Economic Redvlpmnt; Enterprise Zone
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Fixed
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: Gravel; Dirt; Asphalt
Traffic Count: 25,001 to 35,000
Reports/Disclosures: Seller Prop Disc Stm; None
Environmental: None
Listing Office: RE/MAX Desert Showcase
Last Updated: February - 17 - 2023
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