101 E BUCHANAN Street, Phoenix, AZ 85004 (MLS# 5516094)

101 E BUCHANAN Street, Phoenix, AZ 85004

$2,325,000

Property Type: Comm/Industry Sale Square Footage: 26,521 Lot Size (sq. ft.): 21,009 Status: Closed

Current Price: $2,325,000 List Date: 10/25/2016 Last Modified: 5/23/2020

Overview

Description

Creative space opportunity. One of the few historic buildings left downtown. 101 Buchanan is located in the premier high growth Warehouse District in Phoenix and it is the perfect fit for companies desiring creative office space. Users will enjoy the proximity to major transportation hubs, walking distance to all downtown attractions, including sporting venues and the Phoenix convention center. The building provides opportunity for shared creative space with outside patio that could include a cafe, coffee shop. (Building has Brewery equipment as a potential restaurant brewery use)

Listing Details MLS# 5516094

Location, Tax & Legal

Map Code/Grid: Q34
House Number: 101
Compass: E
Street Name: BUCHANAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2517
Country: US
County Code: Maricopa
Subdivision: TOMMYKNOCKER BREWERY AND PUB
Assessor Number: 112-26-127
Tax Year: 2015
Assessor's Map #: 26
Legal Description (Abbrev): TOMMYKNOCKER BREWERY AND PUB MCR 511-07
Assessor's Parcel #: 127
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 114200
Taxes: 22893
Legal: TOMMYKNOCKER BREWERY AND PUB MCR 511-07

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 26521
# of Buildings: Yes
Year Built: 1921
Uncvrd Parking Spcs: 50
Zoning: COMMER

Remarks Misc

Cross Street: 1ST STREET & BUCHANAN
Directions: One block south of Talking Stick Resort Area/ SEC of Buchanan and 1st ST.

Status Change Info

Off Market Date: 2017-10-08
Under Contract Date: 2017-06-12
Close of Escrow Date: 2017-10-03

Legal Info

Township: 1N
Range: 3E
Section: 8
Lot Number: Yes

More Information

Bay Info

# of Bays: 2
# of Bay Doors: 2

Sold Info

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

Construction

Block: Yes

Roofing

Other: Yes

Floors

Concrete: Yes
Carpet: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 22893
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes

Business Type

Mixed: Yes
Service Business: Yes
Religious Facility: Yes
Packge Store(Liquor): Yes
Restaurant: Yes
Recreation: Yes
Professional/Office: Yes
Warehouse: Yes
Retail: Yes
Food Service: Yes
Bar/Tavern/Lounge: Yes
Other: Yes
See Remarks: Yes

Stories

2 Stories: Yes

Pmt & Rate Info

Down Payment: 0
Equity: 2400000
Total Owed: 0
Assessment Balance: 0

Ceiling Height

12.1 Feet to 14 Feet: Yes
16.1 Feet to 28 Feet: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes

Interior Features

Finished: Yes

Loading Facilities

Dock High: Yes
Dock Leveler(s): Yes

Exterior

Corner Lot: Yes
Dual Street Ftg: Yes
Storage Yard: Yes
Building Sign: Yes
Security Light(s): Yes
Security Camera(s): Yes

Source of Fincl Data

Other (See Remarks): Yes

Fencing

Block: Yes
Chain Link: Yes

Water Source

City Franchise: Yes

Building Features

Freight Elevator(s): Yes
Basement: Yes
Kitchen: Yes
Skylight(s): Yes
Other (See Remarks): Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

New Financing

Cash Only: Yes
Owner May Carry: Yes
1031 Exchange: Yes
Lease Option: Yes
Other (See Remarks): Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

Other (See Remarks): Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial Business Type: Mixed; Service Business; Religious Facility; Packge Store(Liquor); Restaurant; Recreation; Professional/Office; Warehouse; Retail; Food Service; Bar/Tavern/Lounge; Other; See Remarks Stories: 2 Stories Construction: Block Roofing: Other Floors: Concrete; Carpet Ceiling Height: 12.1 Feet to 14 Feet; 16.1 Feet to 28 Feet Cooling: Central Air Loading Facilities: Dock High; Dock Leveler(s) Interior Features: Finished Exterior: Corner Lot; Dual Street Ftg; Storage Yard; Building Sign; Security Light(s); Security Camera(s) Fencing: Block; Chain Link Building Features: Freight Elevator(s); Basement; Kitchen; Skylight(s); Other (See Remarks) Parking Features: Free Electric: APS Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange; Lease Option; Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)

Listing Office: My Home Group Real Estate

Last Updated: May - 23 - 2020