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

Overview

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.

Listing Details MLS# 6326112

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Assessor Number
134-41-003-T
Tax Year
2021
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

Contract Info

Ownership
Fee Simple

General Property Description

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

Remarks Misc

Cross Street
Southern Avenue and Loop 101

Status Change Info

Off Market Date
2022-06-01
Under Contract Date
2022-03-08
Close of Escrow Date
2022-05-31

Legal Info

Township
1N
Range
5E
Section
30
Lot Number
-

More Information

Sold Info

Loan Type
Conventional
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
Stucco
Yes

Roofing

Foam
Yes

Floors

Concrete
Yes
Carpet
Yes

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
Yes
Industrial
Yes
Office
Yes
Distribution/Warehouse
Yes
Other (See Remarks)
Yes

Business Type

Other
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
2925000
Total Owed
0

Lockbox Type

Supra
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

See Remarks
Yes

Cooling

Central Air
Yes
Office A/C
Yes

Interior Features

Unfinished
Yes
Fire Sprinklers
Yes
Security System
Yes
Alarm System
Yes
Private Restrooms
Yes

Loading Facilities

Drive-in Door(s)
Yes

Road Surface Type

Concrete
Yes

Exterior

Sidewalk(s)
Yes

Source of Fincl Data

Unknown
Yes

Traffic Count

25,001 to 35,000
Yes
175,001 to 200,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes
Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Private
Yes
Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

New Financing

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

Special

Owner/Agent
Yes

Use Restrictions

CC&R's
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: City to City Commercial
Last Updated: September - 21 - 2023
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