7025 N 55TH Avenue, Glendale, AZ 85301
$700,000
Property Type:
Comm/Industry Sale
Square Footage:
8,784
Lot Size (sq. ft.):
28,125
Status:
Closed
Current Price:
$700,000
List Date:
6/07/2018
Last Modified:
1/11/2025
Overview
Description
Listing Details MLS# 5777105
Location, Tax & Legal
- Map Code/Grid
- N32
- House Number
- 7025
- Compass
- N
- Street Name
- 55TH
- St Suffix
- Avenue
- City/Town Code
- Glendale
- State/Province
- AZ
- Zip Code
- 85301
- Zip4
- 2511
- Country
- US
- County Code
- Maricopa
- Subdivision
- PARK PLACE BLKS 2,5,6
- Assessor Number
- 147-17-092-A
- Tax Year
- 2017
- Assessor's Map #
- 17
- Legal Description (Abbrev)
- LOT 9 BLOCK 6 PARK PLACE BLKS 2,5,6 MCR 000440
- Assessor's Parcel #
- 92
- Assessor Parcel Ltr
- A
- Add'l Parcels
- Yes
- Tax Municipality
- Glendale
- Census Tract
- 92500
- Taxes
- 0
- Legal
- LOT 9 BLOCK 6 PARK PLACE BLKS 2,5,6 MCR 000440
- Marketing Name
- The Door
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Religious/Commerical
- Ttl Apx SqFt Bldg
- 8784
- # of Buildings
- Yes
- Year Built
- 1957
- Uncvrd Parking Spcs
- 50
- Zoning
- C-2
Remarks Misc
- Cross Street
- W. Glendale Ave & 55th Avenue
- Directions
- West on Glendale Avenue to 55th Avenue, North one block to the subject property.
Status Change Info
- Off Market Date
- 2018-10-05
- Under Contract Date
- 2018-10-05
- Close of Escrow Date
- 2018-11-16
Legal Info
- Township
- 2N
- Range
- 2E
- Section
- 5
- Lot Number
- 9
More Information
Sold Info
- Loan Type
- Conventional
- Loan Years
- 20
- 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
- Concrete
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Elec Exp
- 1
- Annual Gas Exp
- 0
- Annual Ins Exp
- 1
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 1
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 1
- Annual Wtr/Swr Exp
- 1
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 6
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
Business Type
- Mixed
- Yes
- Service Business
- Yes
- Religious Facility
- Yes
- Professional/Office
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Down Payment
- 749000
- Equity
- 509000
- 1st Encumbrance
- 240000
- 1st Years Remaining
- 12
- 1st Payment Freq
- Monthly
- Total Owed
- 240000
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
- 2 or More Units
- Yes
- None
- Yes
Cooling
- Central Air
- Yes
- Heat Pump
- Yes
Interior Features
- Finished
- Yes
- Private Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Access Type
- Dedicated Street
- Yes
Road Surface Type
- Asphalt
- Yes
- Concrete
- Yes
Exterior
- Curb(s) & Gutter(s)
- Yes
- Sidewalk(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- Block
- Yes
- Security
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- 2.1 - 5 Miles
- Yes
Building Features
- Kitchen
- Yes
- Raised Floor
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Fenced
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
Existing 1st Loan
- SBA
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial
Business Type:
Mixed; Service Business; Religious Facility; Professional/Office
Stories:
1 Story
Construction:
Block
Roofing:
Foam
Floors:
Concrete; Ceramic Tile; Carpet
Ceiling Height:
8.1 Feet to 10 Feet
Heating:
Heat Pump; 2 or More Units; None
Cooling:
Central Air; Heat Pump
Loading Facilities:
None
Interior Features:
Finished; Private Restrooms
Exterior:
Curb(s) & Gutter(s); Sidewalk(s)
Fencing:
Block; Security
Building Features:
Kitchen; Raised Floor
Parking Features:
Fenced; Private; Paved
Road Access Type:
Dedicated Street
Electric:
APS
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public; Sewer-In & Connected
New Financing:
Cash Only
Source of Fincl Data:
Owner
Existing 1st Loan:
SBA
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Non Assumable
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt; Concrete
Traffic Count:
Unknown
Environmental:
None
Listing Office:
AZ Brokerage Holdings, LLC
Last Updated: January - 11 - 2025
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