633 E RAY Road 118, Gilbert, AZ 85296
$1,150,000
Property Type:
Comm/Industry Sale
Square Footage:
3,890
Lot Size (sq. ft.):
3,890
Status:
Closed
Current Price:
$1,150,000
List Date:
11/08/2025
Last Modified:
11/13/2025
Description
Welcome to this fantastic commercial office building offering 2990 sq. ft. of well-designed work space PLUS an extra large, 900SF onsite storage garage. This property is perfectly suited for businesses of all types. This bright and spacious office boasts a versatile layout, providing endless possibilities for customization to fit your unique requirements. The floor plan creates an excellent opportunity for collaborative workspaces, while still offering designated areas for private offices or meeting rooms. The thoughtfully designed full kitchen and bathrooms ensure convenience and comfort for you and your team. Modern fixtures and tasteful finishes add a touch of elegance to the overall ambiance. 6 offices PLUS a bullpen area with 4 built-in cubicles. AND two reception areas! WOW
Supplements: access for both employees and clients. Convenient parking options are always a bonus in bustling commercial areas! Located in a prime business district, this building offers excellent visibility and easy access for your clients and customers. Surrounding amenities, such as restaurants, cafes, and shops, provide a vibrant and dynamic environment for your business to thrive. Don't miss out on this incredible opportunity to establish or expand your business in this exceptional commercial office building. Schedule a viewing today and let your entrepreneurial dreams take flight! Remember, I'm here to help with any further questions or assistance you may need.
More Information MLS# 6823813
Contract Info
Ownership: Fee Simple
Current Price: $1,150,000
Sold Price: $1,150,000
Status: Closed
List Date: 2025-02-20
Location, Tax & Legal
Unit #: 118
Assessor's Map #: 44
Legal Description (Abbrev): LOT 112A LIN-RAY CONDOMINIUMS 1ST AMD MCR 079640
Assessor's Parcel #: 911
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 814900
Taxes: 4844
Legal: LOT 112A LIN-RAY CONDOMINIUMS 1ST AMD MCR 079640
House Number: 633
Compass: E
Street Name: RAY
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 4205
County Code: Maricopa
Subdivision: LIN-RAY CONDOMINIUMS 1ST AMD
Assessor Number: 304-44-911
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 3890
# of Buildings: 1
Uncvrd Parking Spcs: 10
Year Built: 2004
Zoning: C-C
Currently Not Used
Sold Price Per SqFt: 295.63
Legal Info
Range: 6E
Section: 30
Township: 1S
Lot Number: 112A
Construction
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Foam: 1
Floors
Ceramic Tile: 1
Bay Info
# of Bays: 1
# of Bay Doors: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 10848
Operating Exp: 15692
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Equity: 1249000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Security System: 1
Loading Facilities
None: 1
Exterior
Building Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Fencing
Other: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Building Features
Kitchen: 1
Showers - Office: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Other: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Other (See Remarks): 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-248-9395
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 25000
Seller Concession $/%: $
Remarks Misc
Cross Street: Lindsey/Ray
Directions: west on ray to complex
Geo Lat: 33.32
Geo Lon: -111.775771
Status Change Info
Off Market Date: 2025-11-08
Under Contract Date: 2025-09-01
Close of Escrow Date: 2025-11-13
Sold Price: $1,150,000
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Stucco; Wood Frame
Roofing: Tile; Foam
Floors: Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Security System
Exterior: Building Sign; Security Light(s)
Fencing: Other
Building Features: Kitchen; Showers - Office
Parking Features: Free; Paved; Other
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Use Restrictions: CC&R's
Environmental: None
Listing Office:
Visionary Properties
Last Updated: November - 13 - 2025
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