303 E Palm Lane, Phoenix, AZ 85004

$2,250,000
Property Type: Comm/Industry Sale Square Footage: 9,432 Lot Size (sq. ft.): 42,689 Status: Closed
Current Price: $2,250,000 List Date: 4/29/2022 Last Modified: 2/12/2025

Overview

Description

This 9,432 SF office provides an incredible opportunity for a business owner to purchase property in the heart of the Phoenix Midtown Market. Located in the quiet Los Olivos neighborhood, the property enjoys close proximity to all that downtown has to offer without the traffic and parking issues. This commercial office appeals to any business owner that is looking to relocate their office to a superb location with plenty of parking, surrounding restaurants, and close proximity to DTPHX. This is a unique opportunity for an owner user to put their signature on versatile property in a top tier area.

Listing Details MLS# 6391609

Location, Tax & Legal

Map Code/Grid
T38
House Number
303
Compass
E
Street Name
Palm
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85004
Country
US
County Code
Maricopa
Subdivision
Los Olivios 51,52
Assessor Number
118-54-015-A
Tax Year
2021
Assessor's Map #
54
Assessor's Parcel #
15
Assessor Parcel Ltr
A
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Taxes
464
Legal
LOS OLIVOS AMD PT LOT 36 BEG AT NW COR LOT 36 TH S ALG THE W LINE SD LOT 174.63F TH E 153.23F N 17 4.63F TO N LINE SD LO

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
9432
# of Buildings
Yes
Year Built
1974
Uncvrd Parking Spcs
27
Zoning
C-O

Remarks Misc

Cross Street
3rd St & Palm Lane

Status Change Info

Off Market Date
2022-06-01
Under Contract Date
2022-05-31
Close of Escrow Date
2022-07-08

Legal Info

Lot Number
36

More Information

Sold Info

Loan Type
Other
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
Sealed
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
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

Equity
2150000
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Other
Yes

Cooling

Other
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

None
Yes

Exterior

Corner Lot
Yes
Dual Street Ftg
Yes
Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Wood
Yes
Other
Yes

Water Source

City Franchise
Yes
Other
Yes

Freeway/Highway

Up to 1 Mile
Yes

Building Features

Conference Room
Yes
Reception Room
Yes
Kitchen
Yes
Other (See Remarks)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes
Paved
Yes
Other
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Professional/Office Stories: 1 Story Construction: Block Roofing: Other Floors: Concrete; Sealed Ceiling Height: 10.1 Feet to 12 Feet Heating: Other Cooling: Other Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Corner Lot; Dual Street Ftg; Other (See Remarks) Fencing: Wood; Other Building Features: Conference Room; Reception Room; Kitchen; Other (See Remarks) Parking Features: Private; Paved; Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: City Franchise; Other Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: None
IDX
Listing Office: R.O.I. Properties
Last Updated: February - 12 - 2025
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