2346 E SOUTHERN Avenue, Tempe, AZ 85282

$2,560,000
Property Type: Comm/Industry Sale Square Footage: 15,241 Lot Size (sq. ft.): 54,580 Status: Closed
Current Price: $2,560,000 List Date: 5/27/2022 Last Modified: 9/21/2023

Description

RARE opportunity to purchase/lease in the heart of Tempe, Arizona. This unique space was formerly occupied by Copenhagen Imports, which is one of the most prominent upscale furniture stores here in Arizona. This property offers a wide variety of potential uses and is conveniently located off the Loop 101 freeway which has approximately 188,000 ± vehicles per day. Contact broker for more details.

More Information MLS# 6326112

Contract Info

Ownership: Fee Simple Current Price: $2,560,000 Sold Price: $2,560,000 Status: Closed List Date: 2021-11-29

Location, Tax & Legal

Assessor's Map #: 41 Legal Description (Abbrev): COMM SW COR SEC 30 E 560F N 50F E 219.11F TO TPOB N 185F E 295F S 185F W 295F TO POB Assessor's Parcel #: 3 Assessor Parcel Ltr: T Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319404 Taxes: 26249 Legal: COMM SW COR SEC 30 E 560F N 50F E 219.11F TO TPOB N 185F E 295F S 185F W 295F TO POB Map Code/Grid: R38 House Number: 2346 Compass: E Street Name: SOUTHERN St Suffix: Avenue City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 7627 County Code: Maricopa Assessor Number: 134-41-003-T Tax Year: 2021

General Property Description

Ttl Apx SqFt Bldg: 15241 # of Buildings: 1 Uncvrd Parking Spcs: 40 Year Built: 1980 Zoning: PCC-1

Legal Info

Range: 5E Section: 30 Township: 1N Lot Number: -

Construction

Block: 1 Stucco: 1

Roofing

Foam: 1

Floors

Concrete: 1 Carpet: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 26249 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Industrial: 1 Office: 1 Distribution/Warehouse: 1 Other (See Remarks): 1

Business Type

Other: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 2925000 Total Owed: 0

Lockbox Type

Supra: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

See Remarks: 1

Cooling

Central Air: 1 Office A/C: 1

Interior Features

Unfinished: 1 Fire Sprinklers: 1 Security System: 1 Alarm System: 1 Private Restrooms: 1

Loading Facilities

Drive-in Door(s): 1

Road Surface Type

Concrete: 1

Exterior

Sidewalk(s): 1

Source of Fincl Data

Unknown: 1

Traffic Count

25,001 to 35,000: 1 175,001 to 200,000: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

Frontage: 1 Up to 1 Mile: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Parking Lot: 1 Private: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1

New Financing

Cash Only: 1 Owner May Carry: 1 1031 Exchange: 1 Lease Option: 1 Lease: 1 Sale/Leaseback: 1

Special

Owner/Agent: 1

Use Restrictions

CC&R's: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Conventional 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: Southern Avenue and Loop 101 Geo Lat: 33.393386 Geo Lon: -111.888932

Status Change Info

Off Market Date: 2022-06-01 Under Contract Date: 2022-03-08 Close of Escrow Date: 2022-05-31 Sold Price: $2,560,000

Property Features

Building Type: Commercial; Industrial; Office; Distribution/Warehouse; Other (See Remarks) Business Type: Other Stories: 1 Story Construction: Block; Stucco Roofing: Foam Floors: Concrete; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: See Remarks Cooling: Central Air; Office A/C Loading Facilities: Drive-in Door(s) Interior Features: Unfinished; Fire Sprinklers; Security System; Alarm System; Private Restrooms Exterior: Sidewalk(s) Fencing: None Parking Features: Free; Parking Lot; Private; Paved Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange; Lease Option; Lease; Sale/Leaseback Lockbox Type: Supra Special: Owner/Agent Source of Fincl Data: Unknown Road Surface Type: Concrete Traffic Count: 25,001 to 35,000; 175,001 to 200,000 Use Restrictions: CC&R's Environmental: None
Listing Office: City to City Commercial
IDX
Last Updated: September - 21 - 2023
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