$2,400,000
701 E Carefree Highway
Phoenix, AZ 85085
MLS# 6705586



701 E Carefree Highway, Phoenix, AZ 85085
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701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085 701 E Carefree Highway, Phoenix, AZ 85085

Property Description
It is a freestanding building constructed as a bank building with a drive through teller window. Excellent exposure and right in the heart of Desert Hills. You will not find any comparable building or opportunity for miles around. This is the heart of Desert Hills business district with a prime corner location. The building is fully finished and operational and has operating business in it. Several private offices, a conference room, 4 walkup teller stations, 2 ADA compliant bathrooms. Full security set up and all wired for high speed internet. No other bank /building between Tramonto and Cave Creek.

Details
Maps
Contract Info
Current Price: $2,400,000
List Price: $2,400,000
Status: Active
List Date: 2024-05-14
Ownership: Condominium
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 701
Compass: E
Street Name: Carefree
St Suffix: Highway
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85085
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 1 FOOTHILLS CENTER CONDOMINIUMS MCR 146916
Subdivision: FOOTHILLS CENTER CONDOMINIUMS
Assessor's Map #: 74
Assessor's Parcel #: 141
Add'l Parcels: No
Assessor Number: 211-74-141
Census Tract: 612000
Legal: LOT 1 FOOTHILLS CENTER CONDOMINIUMS MCR 146916
Tax Municipality: Maricopa - COUNTY
Tax District: MAR
Taxes: 8751
Tax Year: 2023
Marketing Name: Desert Hills
General Property Description
Type of Property: Office Building/retail
Ttl Apx SqFt Bldg: 2934
Ttl Apx Net Rnt Spc: 2934
# of Buildings: 1
Year Built: 2018
Uncvrd Parking Spcs: 15
Zoning: C-2
Flood Zone: No
Remarks & Misc
Cross Street: Carefree Hwy and 7th Street
Directions: Carefree Hwy and 7th Street Directions: From I-17 go east on Carefree Hwy to 7th Street. Freestanding Building on the South east corner of Carefree Hwy and 7th Street. Access south off 7th Street.
Geo Lat: 33.798515
Geo Lon: -112.064889
Status Change Info
Status Change Date: 2024-05-15
Legal Info
Township: 5N
Range: 3E
Section: 9
Lot Number: 1
Cnty Rcrd Bk & Pg #: 1469 & 16
Income & Expenses
Annual Elec Exp: 2800
Owner Association: Yes
Annual Ownr Asoc Fee: 6600
Operating Exp: 18151
Pmt & Rate Info
Equity: 2400000
Showing Notification Methods
Showing Service: No Showing Service Used
Contact Info
List Agent Home Phn: 602-616-5430
Property Features
Building Type: Office; Other (See Remarks)
Current Use: Service Business; Office; See Remarks
Stories: 1 Story
Construction: Stucco; Frame - Wood
Roofing: Other (See Remarks)
Floors: Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Heating: Heat Pump
Cooling: Heat Pump
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Security Light(s); Security Camera(s); Alarm System; Private Restrooms
Exterior: Corner Lot; Building Sign; Monument Sign; Security Light(s); Security Camera(s)
Fencing: Other
Amenities: Physcl Chlgd (SRmks); Conference Room; Computer Room; Fiber Optic Availble
Parking: Free; Paved Parking
Electric: APS; Underground; Individual Meter; 220
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Private; Sewer-In & Connected
Freeway/Highway: Frontage
New Financing: Cash Only
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Unincorporated Area
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
Reports/Disclosures: Seller Prop Disc Stm; Boundary Survey Avlb
Use Restrictions: CC&R's
Environmental: None

Listing Office: Realty ONE Group

Last Updated: May - 15 - 2024

701 E Carefree Highway, Phoenix, AZ 85085 - MLS# 6705586
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