5314 N 7TH Street, Phoenix, AZ 85014

$4,800,000
Property Type: Comm/Industry Sale Square Footage: 22,156 Lot Size (sq. ft.): 38,771 Status: Closed
Current Price: $4,800,000 List Date: 4/04/2024 Last Modified: 5/01/2024

Description

Discover endless possibilities with this exceptional commercial property! Zoned C2, this class B building offers over 26,000 sq ft of space, designed to provide maximum flexibility for your business needs. Situated with 217 feet of frontage along 7th St, this property ensures high visibility and exposure for any business venture with various signage options, including a pole sign, monument sign, and building sign. The property offers a loading bay with garage door, a large reception area, 41 small private rooms/offices, 6 large rooms/offices, 2 conference rooms, a large private office, 2 breakrooms with multiple stoves and refrigerators along with 6 bathrooms distributed throughout the property.

More Information MLS# 6595590

Contract Info

Ownership: Fee Simple Current Price: $4,800,000 Sold Price: $4,800,000 Status: Closed List Date: 2023-08-22

Location, Tax & Legal

Assessor's Map #: 21 Legal Description (Abbrev): EVANS ADD TO ORANGEWOOD MCR 2/56 S 143.01F OF N 1 78.01 OF FOL DESC PROP-BEG AT SE COR LOT BK 1 TH W Assessor's Parcel #: 52 Assessor Parcel Ltr: B Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 107500 Taxes: 43090 Legal: EVANS ADD TO ORANGEWOOD MCR 2/56 S 143.01F OF N 1 78.01 OF FOL DESC PROP-BEG AT SE COR LOT BK 1 TH W House Number: 5314 Compass: N Street Name: 7TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 2805 County Code: Maricopa Subdivision: EVANS ADDITION TO ORANGEWOOD BLOCK 1 LOTS 1&2 Assessor Number: 162-21-052-B Tax Year: 2022

General Property Description

Ttl Apx SqFt Bldg: 22156 # of Buildings: 1 Uncvrd Parking Spcs: 79 Lot Size Dimensions: 217 x 268 Year Built: 1979 Zoning: C2

Legal Info

Range: 3E Section: 17 Township: 2N Lot Number: 2

Construction

Block: 1 Stucco: 1

Roofing

Foam: 1

Floors

Concrete: 1

Bay Info

# of Bays: 1 # of Bay Doors: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 43090 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Office: 1

Business Type

Dental: 1 Medical: 1 Professional/Office: 1

Stories

2 Stories: 1

Pmt & Rate Info

Equity: 5800000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Ceiling Height

8 Feet or Less: 1 8.1 Feet to 10 Feet: 1 10.1 Feet to 12 Feet: 1 12.1 Feet to 14 Feet: 1 14.1 Feet to 16 Feet: 1 16.1 Feet to 28 Feet: 1

Heating

Other: 1

Cooling

Office A/C: 1 Other: 1

Loading Facilities

Drive-in Door(s): 1

Exterior

Pole Sign: 1 Building Sign: 1

Source of Fincl Data

Owner: 1

Traffic Count

15,001 to 25,000: 1

Fencing

Block: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Private: 1

Electric

APS: 1

Gas

Other (See Remarks): 1

New Financing

Cash Only: 1 Cash to Loan: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

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

Remarks Misc

Cross Street: 7th St & Camelback Rd Directions: North on 7th St. Property is on the west side just south of Missouri Geo Lat: 33.515025 Geo Lon: -112.065575

Status Change Info

Off Market Date: 2024-04-04 Under Contract Date: 2024-01-22 Close of Escrow Date: 2024-04-30 Sold Price: $4,800,000

Property Features

Building Type: Commercial; Office Business Type: Dental; Medical; Professional/Office Stories: 2 Stories Construction: Block; Stucco Roofing: Foam Floors: Concrete Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet; 16.1 Feet to 28 Feet Heating: Other Cooling: Office A/C; Other Loading Facilities: Drive-in Door(s) Exterior: Pole Sign; Building Sign Fencing: Block Parking Features: Free; Private Electric: APS Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Lockbox Type: None Source of Fincl Data: Owner Traffic Count: 15,001 to 25,000 Environmental: None

Documents

Listing Office: Berkshire Hathaway HomeServices Arizona Properties
IDX
Last Updated: May - 01 - 2024
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