6909 W RAY Road 5, Chandler, AZ 85226

$1,800,000
Property Type: Comm/Industry Sale Square Footage: 14,153 Lot Size (sq. ft.): 7,754 Status: Closed
Current Price: $1,800,000 List Date: 7/29/2024 Last Modified: 12/07/2024

Description

7754 square foot retail condo located on a hard corner in a great Chandler Location. This suite is currently occupied by an owner user of a flooring company, a co-op owner of Flooring America. This business is also available for sale, however the owner will vacate therefore it is available for many other uses as well. The current layout consists of primarily open showroom with a large storage room, double doors customer restrooms plus additional employee restroom. There are multiple entrances allowing the potential for this large corner suite to be split into multiple smaller suites. Great opportunity for any retail use looking for a central, high traffic location.

More Information MLS# 6737060

Contract Info

Ownership: Fee Simple Current Price: $1,800,000 Sold Price: $1,800,000 Status: Closed List Date: 2024-07-22

Location, Tax & Legal

Unit #: 5 Building Number: B Assessor's Map #: 68 Legal Description (Abbrev): LOT 1 CHANDLER CROSSING 5 CONDOMINIUM MCR 095037 Assessor's Parcel #: 981 Add'l Parcels: No Tax Municipality: Chandler Census Tract: 810400 Taxes: 13020 Legal: LOT 1 CHANDLER CROSSING 5 CONDOMINIUM MCR 095037 House Number: 6909 Compass: W Street Name: RAY St Suffix: Road City/Town Code: Chandler State/Province: AZ Zip Code: 85226 Zip4: 1699 County Code: Maricopa Subdivision: CHANDLER CROSSING 5 CONDOMINIUM Assessor Number: 301-68-981 Tax Year: 2023

General Property Description

Ttl Apx SqFt Bldg: 14153 Ttl Apx Net Rnt Spc: 7754 # of Buildings: 1 Uncvrd Parking Spcs: 70 Flood Zone: No Year Built: 1999 Zoning: PAD

Construction

Tilt-Up: 1

Roofing

Built-Up: 1

Floors

Concrete: 1 Ceramic Tile: 1

Income & Expenses

Owner Association: Yes Annual Ownr Asoc Fee: 5824.08 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1

Business Type

Warehouse: 1 Retail: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 1202824.32 1st Encumbrance: 502146.63 2nd Encumbrance: 245029.05 Total Owed: 747175.68

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1

Loading Facilities

Grade Level: 1 None: 1

Exterior

Corner Lot: 1 Building Sign: 1 Monument Sign: 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Parking Lot: 1 Paved: 1

Electric

SRP: 1

Gas

SW Gas: 1 Individual Meter: 1

New Financing

Cash Only: 1 Cash to Loan: 1

Use Restrictions

Deed Restrictions: 1 CC&R's: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Cash Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Ray & Priest/56th St Directions: South East Corner, Building B, Suite 5 Geo Lat: 33.318655 Geo Lon: -111.962223

Status Change Info

Off Market Date: 2024-12-07 Under Contract Date: 2024-09-05 Close of Escrow Date: 2024-12-06 Sold Price: $1,800,000

Legal Info

Lot Number: 5

Property Features

Building Type: Commercial Business Type: Warehouse; Retail Stories: 1 Story Construction: Tilt-Up Roofing: Built-Up Floors: Concrete; Ceramic Tile Ceiling Height: 10.1 Feet to 12 Feet Cooling: Central Air Loading Facilities: Grade Level; None Interior Features: Finished Exterior: Corner Lot; Building Sign; Monument Sign Fencing: None Parking Features: Parking Lot; Paved Electric: SRP Gas: SW Gas; Individual Meter Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Lockbox Type: None Source of Fincl Data: Owner Use Restrictions: Deed Restrictions; CC&R's Environmental: None
Listing Office: RE/MAX Solutions
IDX
Last Updated: December - 07 - 2024
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