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

Overview

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 fo ...

Listing Details MLS# 6823813

Location, Tax & Legal

House Number
633
Compass
E
Street Name
RAY
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85296
Zip4
4205
Country
US
County Code
Maricopa
Subdivision
LIN-RAY CONDOMINIUMS 1ST AMD
Assessor Number
304-44-911
Tax Year
2024
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

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
3890
# of Buildings
Yes
Year Built
2004
Uncvrd Parking Spcs
10
Zoning
C-C

Remarks Misc

Cross Street
Lindsey/Ray
Directions
west on ray to complex

Status Change Info

Off Market Date
2025-11-08
Under Contract Date
2025-09-01
Close of Escrow Date
2025-11-13

Legal Info

Township
1S
Range
6E
Section
30
Lot Number
112A

More Information

Bay Info

# of Bays
Yes
# of Bay Doors
Yes

Showing Notification Methods

Showing Service
Aligned Showings

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 $/%
$
Seller Concession to Buyer
25000
Seller Concession $/%
$
Buyer Concession to Seller
0

Currently Not Used

Sold Price Per SqFt
295.63

Construction

Stucco
Yes
Wood Frame
Yes

Roofing

Tile
Yes
Foam
Yes

Floors

Ceramic Tile
Yes

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
Yes
Office
Yes

Business Type

Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
1249000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Security System
Yes

Loading Facilities

None
Yes

Exterior

Building Sign
Yes
Security Light(s)
Yes

Source of Fincl Data

Owner
Yes

Fencing

Other
Yes

Water Source

City Franchise
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Building Features

Kitchen
Yes
Showers - Office
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes
Other
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Other (See Remarks)
Yes

Special

Owner/Agent
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Use Restrictions

CC&R's
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: Visionary Properties
Last Updated: November - 13 - 2025
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