5827 N 35TH Avenue, Phoenix, AZ 85017

$1,550,000
Property Type: Comm/Industry Sale Square Footage: 9,308 Lot Size (sq. ft.): 34,350 Status: Closed
Current Price: $1,550,000 List Date: 3/08/2023 Last Modified: 1/31/2025

Overview

Description

This is a rare opportunity to acquire two commercial buildings in a solid infill location near multiple freeways with great signage. This property has been owned and occupied by one family sine 1991. The second building was constructed for a Charter School and the first occupied by a preschool. The pride of ownership is evident throughout the buildings and grounds. Please see the list of improvements in the Documents section. zoned C-2. Massive street traffic counts of 43,000 cars daily. Buyer to verify all fact , figures, measurements an d information.

Listing Details MLS# 6483869

Location, Tax & Legal

Map Code/Grid
N33
House Number
5827
Compass
N
Street Name
35TH
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85017
Zip4
1915
Country
US
County Code
Maricopa
Subdivision
BUILDING B REPLAT
Assessor Number
153-01-152
Tax Year
2022
Assessor's Map #
1
Legal Description (Abbrev)
LOT 1 BUILDING B REPLAT MCR 058343
Assessor's Parcel #
152
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
107202
Taxes
20871
Legal
LOT 1 BUILDING B REPLAT MCR 058343

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Commercial
Ttl Apx SqFt Bldg
9308
# of Buildings
2
Lot Size Dimensions
Irregular
Year Built
1958
Uncvrd Parking Spcs
22
Zoning
C2
Flood Zone
No

Remarks Misc

Cross Street
35th Ave and Bethany Home Road
Directions
From I-17 Freeway, head West on Bethany home Road, turn left into the property North 35th Ae.

Status Change Info

Off Market Date
2023-03-08
Under Contract Date
2023-01-14
Close of Escrow Date
2023-03-17

Legal Info

Township
2N
Range
2E
Section
14
Lot Number
Yes

More Information

Sold Info

Loan Type
Conventional
Loan Years
30
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
Brick
Yes
Wood Frame
Yes

Roofing

Foam
Yes
Metal
Yes

Floors

Concrete
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
Other (See Remarks)
Yes

Business Type

Retail
Yes
Other
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
1500000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8 Feet or Less
Yes
10.1 Feet to 12 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Security System
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Monument Sign
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

35,001 to 50,000
Yes

Fencing

Block
Yes
Other
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Building Features

Kitchen
Yes

Sewer

Sewer - Public
Yes

Parking Features

Paved
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Use Restrictions

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Phase I Available
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Retail; Other Stories: 1 Story Construction: Block; Wood Frame; Brick Roofing: Foam; Metal Floors: Concrete Ceiling Height: 8 Feet or Less; 10.1 Feet to 12 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Security System Exterior: Monument Sign Fencing: Block; Other Building Features: Kitchen Parking Features: Paved Electric: APS Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 35,001 to 50,000 Use Restrictions: Other (See Remarks) Environmental: Phase I Available
IDX
Listing Office: Realty ONE Group
Last Updated: January - 31 - 2025
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