$624,900
Scottsdale, AZ 85255
MLS# 6615739
Status: UCB (Under Contract-Backups)
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Property Description
North Scottsdale mixed-use opportunity for sale well below replacement costs Located just 3 blocks east of Scottsdale Road on Pinnacle Peak Road, less than 3 miles to the Loop 101. Zoned C-2 (City of Scottsdale) potential uses include traditional office as well as retail use. Ground floor space with courtyard view. Presently built out with 5 oversized offices, conference room, large open office area, kitchen copier/storage room plus storage. Three separate entrances. Includes 5 covered parking stalls plus monument and building signage. Will consider seller financing. Call listing agent for more information.
Details
Maps
Contract Info
Current Price: $624,900
List Price: $624,900
Status: UCB (Under Contract-Backups)
List Date: 2023-10-09
Ownership: Condominium
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 7502
Compass: E
Street Name: PINNACLE PEAK
St Suffix: Road
Unit #: B-216
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85255
Zip4: 6168
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT B-114 TOLEDO MIXED USE FACILITY CONDOMINIUM UNIT B116 RE MCR
Subdivision: TOLEDO MIXED USE FACILITY CONDOMINIUM UNIT B116 RE
Assessor's Map #: 5
Assessor's Parcel #: 576
Add'l Parcels: No
Assessor Number: 212-05-576
Census Tract: 216840
Legal: LOT B-114 TOLEDO MIXED USE FACILITY CONDOMINIUM UNIT B116 RE MCR
Tax Municipality: Scottsdale
Taxes: 4461
Tax Year: 2023
General Property Description
Type of Property: Mixed use development
Ttl Apx SqFt Bldg: 2898
Ttl Apx Net Rnt Spc: 2898
# of Buildings: 1
Year Built: 1998
Uncvrd Parking Spcs: 10
Zoning: C-2
Flood Zone: No
Remarks & Misc
Cross Street: Pinnacle Peak/Miller
Directions: Pinnacle Peak Road east for Scottsdale Road then north on Miller to property to 1st drive on left
Geo Lat: 33.699644
Geo Lon: -111.917421
Status Change Info
Status Change Date: 2024-04-18
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Lot Number: B-116
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 23748
Operating Exp: 28209
Vacancy Allowance: 100
Pmt & Rate Info
Equity: 624900
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Current Use: Office
Stories: 1 Story
Construction: Stucco; Frame - Wood
Roofing: Foam
Floors: Concrete; Ceramic Tile
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Heat Pump
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Security System
Exterior: Building Sign; Monument Sign
Fencing: None
Parking: Private Parking
Electric: APS; Master Meter
Gas: None
Water: City Franchise; Master Meter
Sewer: Sewer - Public
New Financing: Owner May Carry; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Mech-box / Combo
Source of Fincl Data: Provided by Owner
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; Dedicated Street
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None
Supplements
PRESTIGIOUS NORTH SCOTTSDALE LOCATION
MIXED USE C-2 ZONING ALLOWS FOR COMMERCIAL RETAIL AND OFFICE USE
GROUND LEVEL COURTYARD ENTRY
OVERSIZED EXECUTIVE OFFICES AND CONFERENCE ROOB
EXPANSIVE GLASS LINE FOR MAXIMUM NATURAL LIGHT
LARGE OPEN OFFICE SPACE TO ACCOMODATE MULTIPLE CUBICLE OR PRIVATE OFFICES
3-D LINK TO SPACE PLAN https://my.matterport.com/show/?m=1YmbbFAtPSf
BUILDING AND MONUMENT SIGNAGE AVAILABLE
(5) RESERVED AND COVERED PARKING SPACES
WALKING DISANCE TO MULTIPLE RESTAURANT, RETAIL AND SERVICE AMMENITIES
EASY ACCESS TO AND FROM LOOP 101
WILL CONSIDER SELLER FINANCING
Listing Office: RE/MAX Excalibur
Last Updated: April - 18 - 2024
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