3944 N MARSHALL Way, Scottsdale, AZ 85251

$2,800,000
Property Type: Comm/Industry Sale Square Footage: 7,688 Lot Size (sq. ft.): 12,800 Status: Closed
Current Price: $2,800,000 List Date: 9/18/2015 Last Modified: 9/15/2016

Overview

Description

Location Location Location Corner Lot!!! High end, Dramatic Remodeled Building for Sale Torrance Steel windows, very high ceilings, 3 Huge Skylights. Corner building on a huge lot with courtyard. Several offices downstairs, 1 office upstairs with bathroom and shower. 3 bathrooms downstairs. 1 Full bath with shower upstairs. 1 large tenant occupies entire building.

Listing Details MLS# 5336191

Location, Tax & Legal

Map Code/Grid
P38
House Number
3944
Compass
N
Street Name
MARSHALL
St Suffix
Way
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85251
Zip4
4318
Country
US
County Code
Maricopa
Subdivision
WEST SCOTTSDALE
Assessor Number
130-12-050-A
Tax Year
2014
Assessor's Map #
12
Legal Description (Abbrev)
WEST SCOTTSDALE MCR 6-26 LOTS 1 & 2 BLOCK 3 P/F 01-0812667
Assessor's Parcel #
50
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Scottsdale
Census Tract
217201
Taxes
18365
Legal
WEST SCOTTSDALE MCR 6-26 LOTS 1 & 2 BLOCK 3 P/F 01-0812667

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
7688
# of Buildings
Yes
Year Built
1953
Zoning
C2
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
1st Ave & Marshall Way
Directions
From Scottsdale Rd, West on Indian School, South on Marshall Way at the Corner of 1st Ave and Marshall Way.

Status Change Info

Off Market Date
2016-03-16
Under Contract Date
2016-03-15
Close of Escrow Date
2016-04-07

Legal Info

Township
2N
Range
4E
Section
27
Lot Number
Yes

More Information

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

Block
Yes

Roofing

Foam
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Annual Elec Exp
16200
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
787.5
Annual Wtr/Swr Exp
787.5
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
36140
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Office
Yes

Business Type

Professional/Office
Yes
Retail
Yes

Stories

2 Stories
Yes

Pmt & Rate Info

Down Payment
0
Equity
3050000
1st Encumbrance
0
2nd Payment
0
3rd Encumbrance
0
Total Owed
0
Assessment Balance
0

Ceiling Height

8 Feet or Less
Yes
16.1 Feet to 28 Feet
Yes

Heating

Electric
Yes

Cooling

Office A/C
Yes

Interior Features

Finished
Yes
Phone System
Yes
Private Restrooms
Yes
Public Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Corner Lot
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

Unknown
Yes

Fencing

Block
Yes

Water Source

City Franchise
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Building Features

Conference Room
Yes
Reception Room
Yes
Showroom
Yes
Kitchen
Yes
Raised Floor
Yes
Showers - Office
Yes
Skylight(s)
Yes
Display Window(s)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Lot
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

Cash Only
Yes
Lease Option
Yes
Sale/Leaseback
Yes
Other (See Remarks)
Yes

Existing 1st Loan

Treat as Free&Clear
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

Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial; Office Business Type: Professional/Office; Retail Stories: 2 Stories Construction: Block Roofing: Foam Floors: Ceramic Tile; Carpet Ceiling Height: 8 Feet or Less; 16.1 Feet to 28 Feet Cooling: Office A/C Loading Facilities: None Interior Features: Finished; Phone System; Private Restrooms; Public Restrooms Exterior: Corner Lot Fencing: Block Building Features: Conference Room; Reception Room; Showroom; Kitchen; Raised Floor; Showers - Office; Skylight(s); Display Window(s) Parking Features: Parking Lot Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Lease Option; Sale/Leaseback; Other (See Remarks) Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear 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 Road Surface Type: Asphalt Traffic Count: Unknown Environmental: None
IDX
Listing Office: Keller Williams Realty Sonoran Living
Last Updated: September - 15 - 2016
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