$2,900,000
Phoenix, AZ 85021
MLS# 6431195
Status: Closed
16045 sqft
1 / 94
Property Description
Building Consists Of Two Suites With The Possibility Of Being Divided Into Four With Four Separate Meters. Total Modern Buildouts In Both Suites Done In The Past 4 Years. Building Is Now Being Used As Office Space But could Be Converted To Medical Or Other Uses. Two Great Tenants Whose Leases Expire In Two Years With Option To Renew. Or Could Move Out Sooner. Great Investment Opportunity Or Owner Occupied. Easy access From I 17. High Ceilings And Endless Possibilities.
Details
Contract Info
Current Price: $2,900,000
Sold Price: $2,900,000
Status: Closed
List Date: 2022-07-08
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: M33
House Number: 2410
Compass: W
Street Name: ROYAL PALM
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Country: US
County Code: Maricopa
Subdivision: BLACK CANYON BUSINESS PARK
Assessor Number: 158-04-079
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 16045
# of Buildings: 1
Year Built: 1985
Uncvrd Parking Spcs: 44
Zoning: IP
Legal Info
Township: 3N
Range: 2E
Section: 36
Lot Number: 3
Bay Info
# of Bays: 1
Contact Info
List Agent Home Phn: 602-978-2175
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: I 17 / North of Northern
Directions: From I 17 and Northern Go North on the Access Road To Royal Palm Road and Turn East. Royal Palm Road Jogs To the Left and the Building is On Your Left, Right After The Storage Building
Geo Lat: 33.55686
Geo Lon: -112.110529
Status Change Info
Off Market Date: 2022-08-22
Under Contract Date: 2022-08-12
Close of Escrow Date: 2022-10-11
Sold Price: $2,900,000
Income Expenses
Gross Annual Sch Inc: 240000
Net Operating Income: 198000
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing
Business Type: Professional/Office
Stories: 1 Story
Construction: Tilt-Up
Roofing: Foam
Floors: Concrete; Sealed
Ceiling Height: 14.1 Feet to 16 Feet
Heating: Ceiling; Heat Pump
Cooling: Central Air; Heat Pump
Loading Facilities: Drive-in Door(s)
Interior Features: Finished; Smoke Detector(s); Security Light(s); Alarm System; Phone System; Private Restrooms
Exterior: Corner Lot; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Monument Sign; Security Light(s)
Fencing: Block
Building Features: Conference Room; Reception Room; Kitchen
Parking Features: Private; Paved
Electric: SRP; Over 220 Amp; 3 Phase Power
Gas: None
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
New Financing: Sale/Leaseback
Showing Notification Methods: Phone Call
Source of Fincl Data: Owner
Existing 1st Loan: SBA
Existing 1st Loan Type: Fixed
Road Surface Type: Asphalt
Traffic Count: Up to 5,000
Environmental: None
Listing Office: Berkshire Hathaway HomeServices Arizona Properties
Office Phone: 623-298-2200
Office Email: [email protected]
Last Updated: February - 16 - 2023
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