16872 E AVE OF THE FOUNTAINS, Fountain Hills, AZ 85268

$3,000,000
Property Type: Comm/Industry Sale Square Footage: 31,275 Lot Size (sq. ft.): 18,463 Status: Closed
Current Price: $3,000,000 List Date: 6/03/2022 Last Modified: 7/05/2022

More Information MLS# 6291903

Contract Info

Ownership: Fee Simple Current Price: $3,000,000 Sold Price: $3,000,000 Status: Closed List Date: 2021-09-10

Location, Tax & Legal

Assessor's Map #: 25 Legal Description (Abbrev): LOT 3A FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208 MCR 052421 Assessor's Parcel #: 518 Add'l Parcels: No Tax Municipality: Fountain Hills Census Tract: 216818 Taxes: 40505 Legal: LOT 3A FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208 MCR 052421 Marketing Name: Fountain Oasis Map Code/Grid: L41 House Number: 16872 Compass: E Street Name: AVE OF THE FOUNTAINS St Suffix: -- City/Town Code: Fountain Hills State/Province: AZ Zip Code: 85268 Zip4: 8313 County Code: Maricopa Subdivision: FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208 Assessor Number: 176-25-518 Tax Year: 2021

General Property Description

Type of Property: Commercial office/retail Ttl Apx SqFt Bldg: 31275 # of Buildings: 1 Uncvrd Parking Spcs: 50 Lot Size Dimensions: IRR Year Built: 2001 Zoning: C-2

Legal Info

Range: 6E Section: 14 Township: 3N Lot Number: 3A

Construction

Block: 1 Brick: 1

Roofing

Built-Up: 1

Floors

Concrete: 1 Ceramic Tile: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Office: 1

Business Type

Mixed: 1 Service Business: 1 Restaurant: 1 Professional/Office: 1 Retail: 1 Food Service: 1 Bar/Tavern/Lounge: 1

Stories

2 Stories: 1

Pmt & Rate Info

Equity: 3900000 Total Owed: 0

Showing Notification Methods

Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Loading Facilities

None: 1

Exterior

Corner Lot: 1 Dual Street Ftg: 1 Roof Sign: 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

Private: 1

Freeway/Highway

2.1 - 5 Miles: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Private: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1

New Financing

Cash Only: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Use Restrictions

CC&R's: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 480-837-3605

Sold Info

Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Soguaro Blvd and Avenue of the Fountains Directions: Shea Blvd and Saguaro Blvd north on Saguaro Blvd to building Geo Lat: 33.603808 Geo Lon: -111.715689

Status Change Info

Off Market Date: 2022-07-05 Under Contract Date: 2022-05-31 Close of Escrow Date: 2022-07-01 Sold Price: $3,000,000

Property Features

Building Type: Commercial; Office Business Type: Mixed; Service Business; Restaurant; Professional/Office; Retail; Food Service; Bar/Tavern/Lounge Stories: 2 Stories Construction: Block; Brick Roofing: Built-Up Floors: Concrete; Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Exterior: Corner Lot; Dual Street Ftg; Roof Sign Fencing: None Parking Features: Free; Private; Paved Electric: SRP Gas: SW Gas Water Source: Private Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Existing Othr Ln Trm: Not Applicable Use Restrictions: CC&R's Environmental: None
Listing Office: MCO Realty
IDX
Last Updated: July - 05 - 2022
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