850 W LINCOLN Street, Phoenix, AZ 85007 (MLS# 5740087)

850 W LINCOLN Street, Phoenix, AZ 85007

$1,550,000

Property Type: Comm/Industry Sale Square Footage: 45,827 Lot Size (sq. ft.): 46,811 Status: Closed

Current Price: $1,550,000 List Date: 3/22/2018 Last Modified: 8/06/2021

Overview

Description

Historic, 1926 Industrial Warehouse Building with red-brick, open, flexible floor plan. Located on Lincoln and 9th Avenue; adjacent to 7th Avenue and PHX Warehouse District. Building includes: Conference Room, Open Office Corridor/Bull-Pen, Reception Area, Supply Room, Break Room, Large Open Warehouse w/ Mezzanine, 7 Roll-up Doors, Break Room (No Plumbing), and Private Restrooms. 16 Roof-Mounted EVAP Coolers approximately 5-6 years old; Office A/C Unit, Taxes: $12,975, Zoned A-1 (Light Industrial), City of Phoenix. Make an Offer!

Listing Details MLS# 5740087

Location, Tax & Legal

Map Code/Grid: Q34
House Number: 850
Compass: W
Street Name: LINCOLN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3425
Country: US
County Code: Maricopa
Subdivision: IRVINE ADD 17-18, 23-26
Assessor Number: 112-12-033
Tax Year: 2017
Assessor's Map #: 12
Legal Description (Abbrev): IRVINE S 81.3' OF LOTS 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22 & 24 BLK 8 EX P/DKT 6499/569 F
Assessor's Parcel #: 33
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 114302
Taxes: 14045
Legal: IRVINE S 81.3' OF LOTS 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22 & 24 BLK 8 EX P/DKT 6499/569 F

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 45827
# of Buildings: Yes
Year Built: 1927
Zoning: A-1
Uncvrd Parking Spcs: 0

Status Change Info

Off Market Date: 2018-10-03
Under Contract Date: 2018-10-03
Close of Escrow Date: 2019-01-30

Legal Info

Township: 1N
Range: 3E
Section: 7
Lot Number: 2

More Information

Contact Info

List Agent Home Phn: 602-319-1326

Sold Info

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

Construction

Brick: Yes
Metal: Yes
Wood Frame: Yes
Other: Yes

Roofing

Foam: Yes
Rolled: Yes

Floors

Concrete: Yes
Ceramic Tile: Yes
Other: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 14045
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Industrial: Yes
Distribution/Warehouse: Yes

Business Type

Warehouse: Yes
Retail: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Down Payment: 1
Equity: 2000000
Total Owed: 0
Assessment Balance: 1
Assessment Bal Yrs: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes
14.1 Feet to 16 Feet: Yes
16.1 Feet to 28 Feet: Yes

Heating

Other: Yes
See Remarks: Yes

Cooling

Office A/C: Yes
Warehouse Evap: Yes

Interior Features

Fire Sprinklers: Yes
Other (See Remarks): Yes

Loading Facilities

Dock High: Yes
Grade Level: Yes
Drive-in Door(s): Yes
Other (See Remarks): Yes

Exterior

Corner Lot: Yes

Source of Fincl Data

Other (See Remarks): Yes

Fencing

None: Yes

Water Source

City Franchise: Yes
Other: Yes
See Remarks: Yes

Freeway/Highway

Over 5.1 Miles: Yes

Building Features

Conference Room: Yes
Reception Room: Yes
Showroom: Yes
Kitchen: Yes

Sewer

Sewer-In & Connected: Yes
Other: Yes

Parking Features

Other: Yes

Electric

APS: Yes
220 Volts: Yes
Over 220 Amp: Yes
3 Phase Power: Yes

Gas

SW Gas: Yes
Other (See Remarks): Yes

New Financing

Cash Only: Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

ALTA Survey Availbl: Yes
Other (See Remarks): Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

Phase I Available: Yes
Other (See Remarks): Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Industrial; Distribution/Warehouse Business Type: Warehouse; Retail Stories: 1 Story Construction: Metal; Wood Frame; Brick; Other Roofing: Foam; Rolled Floors: Concrete; Ceramic Tile; Other Ceiling Height: 8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet; 16.1 Feet to 28 Feet Heating: Other; See Remarks Cooling: Office A/C; Warehouse Evap Loading Facilities: Dock High; Grade Level; Drive-in Door(s); Other (See Remarks) Interior Features: Fire Sprinklers; Other (See Remarks) Exterior: Corner Lot Fencing: None Building Features: Conference Room; Reception Room; Showroom; Kitchen Parking Features: Other Electric: APS; 220 Volts; Over 220 Amp; 3 Phase Power Gas: SW Gas; Other (See Remarks) Water Source: City Franchise; Other; See Remarks Sewer: Sewer-In & Connected; Other New Financing: Cash Only Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Phase I Available; Other (See Remarks)

Listing Office: R.O.I. Properties

Last Updated: August - 06 - 2021