$2,500,000
320 E VIRGINIA Avenue
Phoenix, AZ 85004
MLS# 5888837
Status: Closed
26530 sqft


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Property Description
• Brand New 6,000 SF Lease Signed with $123,000.00 Gross Income in Place • Great Owner/User Opportunity for Additional Space (Up to 20,000 SF Available) • 58 Parking Spaces (44 are covered) plus 3 Handicap spaces as well as street parking along Virginia Circle • Building Signage and a brand new cooling tower with a 1-year transferable warranty • Walking distance to the Light rail and quick freeway access to the I-10 • Close proximity to major hospitals, retailers, Arts District, and the Phoenix Country Club • Located in uptown Phoenix with easy access to the financial districts, Sky Harbor Airport, and I-10 • New Cooling Tower Added to the Building & Building has Solar Power.

Details
Contract Info
Current Price: $2,500,000
Sold Price: $2,500,000
Status: Closed
List Date: 2019-02-27
Ownership: Other (See Remarks)
Location, Tax & Legal
Map Code/Grid: P34
House Number: 320
Compass: E
Street Name: VIRGINIA
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 1226
Country: US
County Code: Maricopa
Subdivision: VIRGINIA CIRCLE
Assessor Number: 118-45-127
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 26530
# of Buildings: 1
Year Built: 1981
Uncvrd Parking Spcs: 14
Zoning: R-5
Legal Info
Township: 2N
Range: 3E
Section: 32
Lot Number: 4
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: E Virginia Ave & N 3rd St
Geo Lat: 33.476827
Geo Lon: -112.068326
Status Change Info
Off Market Date: 2021-05-10
Under Contract Date: 2021-05-10
Close of Escrow Date: 2021-06-24
Sold Price: $2,500,000
Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 2 Stories
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior Features: Finished
Fencing: Other; See Remarks
Parking Features: Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)

IDX
Listing Office: The Menlo Group Commercial Real Estate

Office Phone: 480-659-1777

Office Email: [email protected]

Last Updated: January - 25 - 2025

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