2353 E BASELINE Road, Gilbert, AZ 85234 (MLS# 5566389)

2353 E BASELINE Road, Gilbert, AZ 85234

$797,500

Property Type: Comm/Industry Sale Square Footage: 5,169 Lot Size (sq. ft.): 30,840 Status: Closed

Current Price: $797,500 List Date: 2/25/2017 Last Modified: 9/22/2017

Overview

Description

Great opportunity for Owner/User or can easily be subdivided w/ 3 exterior entrances & 3 meters for multi-tenant. Zoned General Commercial and can be used for a variety of uses; office, restaurant, retail, medical. See attached City of Gilbert permitted uses. Updated 5169 sf Stand-Alone Building. Baseline Rd frontage w/monument signage, resurfaced 35 space parking lot on 30,840 sf lot. Owner updates include: two 5 ton heat pump HVAC units, foam roof, exterior/interior paint, tile, 2 bathrooms remodeled, cabinets & appliances in kitchen area, outside water valves replaced & security baskets installed, blinds, parking lot lights, and 2 updated ADA compliant handicap parking spaces. Reception, bullpen, training room, and 16 offices. Too much to list. Drive by Only. Please do not disturb tena

Listing Details MLS# 5566389

Location, Tax & Legal

Map Code/Grid: S40
House Number: 2353
Compass: E
Street Name: BASELINE
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85234
Zip4: 2342
Country: US
County Code: Maricopa
Subdivision: BURKE PLAZA 1
Assessor Number: 304-95-530
Tax Year: 2016
Assessor's Map #: 95
Legal Description (Abbrev): LOT 3 BURKE PLAZA 1 MCR 045132
Assessor's Parcel #: 530
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 422508
Taxes: 11686
Legal: LOT 3 BURKE PLAZA 1 MCR 045132

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 5169
# of Buildings: Yes
Year Built: 1997
Uncvrd Parking Spcs: 35
Zoning: GC General Comm

Remarks Misc

Cross Street: Baseline & Gilbert Road
Directions: US 60 exit at Gilbert Road, head South on Gilbert Rd to Baseline Rd, Head East on Baseline Rd to building on South Side of Baseline Rd

Status Change Info

Off Market Date: 2017-05-24
Under Contract Date: 2017-05-24
Close of Escrow Date: 2017-07-31

Legal Info

Township: 1S
Range: 6E
Section: 6
Lot Number: 3

More Information

Contact Info

List Agent Home Phn: 602-750-1695

Sold Info

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

Construction

Metal: Yes
Wood Frame: Yes

Roofing

Foam: Yes

Floors

Ceramic Tile: 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: Yes
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 11686
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes

Business Type

Professional/Office: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Down Payment: 0
Equity: 799000
Total Owed: 0
Assessment Balance: 0

Ceiling Height

10.1 Feet to 12 Feet: Yes

Heating

Heat Pump: Yes
Electric: Yes
2 or More Units: Yes

Cooling

Central Air: Yes
Heat Pump: Yes
Office A/C: Yes

Interior Features

Finished: Yes
Fire Sprinklers: Yes
Smoke Detector(s): Yes
Security Light(s): Yes
Private Restrooms: Yes

Loading Facilities

None: Yes

Road Surface Type

Asphalt: Yes

Exterior

Sprinkler System-Ground: Yes
Landscaping: Yes
Roof Sign: Yes
Curb(s) & Gutter(s): Yes
Building Sign: Yes
Sidewalk(s): Yes
Monument Sign: Yes
Security Light(s): Yes

Source of Fincl Data

Owner: Yes

Traffic Count

Unknown: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Freeway/Highway

1.1 - 2 Miles: Yes

Building Features

Conference Room: Yes
Reception Room: Yes
Kitchen: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
Paved: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

New Financing

Cash Only: Yes
Cash to Loan: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial Business Type: Professional/Office Stories: 1 Story Construction: Metal; Wood Frame Roofing: Foam Floors: Ceramic Tile; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: Heat Pump; 2 or More Units Cooling: Central Air; Office A/C; Heat Pump Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security Light(s); Private Restrooms Exterior: Sprinkler System-Ground; Landscaping; Roof Sign; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s) Fencing: None Building Features: Conference Room; Reception Room; Kitchen Parking Features: Free; Paved Electric: SRP; Individual Meter Gas: None Water Source: City Franchise; Individual Meter Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: Unknown Environmental: None

Documents

Owner Updates ›

Permitted Uses for General Commerical ›

Marketing Brochure with Demographics ›

Listing Office: Solutions Real Estate

Last Updated: September - 22 - 2017