5314 N 7TH Street, Phoenix, AZ 85014
$4,800,000
Property Type:
Comm/Industry Sale
Square Footage:
22,156
Lot Size (sq. ft.):
38,771
Status:
Closed
Current Price:
$4,800,000
List Date:
4/04/2024
Last Modified:
5/01/2024
Description
Discover endless possibilities with this exceptional commercial property! Zoned C2, this class B building offers over 26,000 sq ft of space, designed to provide maximum flexibility for your business needs. Situated with 217 feet of frontage along 7th St, this property ensures high visibility and exposure for any business venture with various signage options, including a pole sign, monument sign, and building sign. The property offers a loading bay with garage door, a large reception area, 41 small private rooms/offices, 6 large rooms/offices, 2 conference rooms, a large private office, 2 breakrooms with multiple stoves and refrigerators along with 6 bathrooms distributed throughout the property.
More Information MLS# 6595590
Contract Info
Ownership: Fee Simple
Current Price: $4,800,000
Sold Price: $4,800,000
Status: Closed
List Date: 2023-08-22
Location, Tax & Legal
Assessor's Map #: 21
Legal Description (Abbrev): EVANS ADD TO ORANGEWOOD MCR 2/56 S 143.01F OF N 1 78.01 OF FOL DESC PROP-BEG AT SE COR LOT BK 1 TH W
Assessor's Parcel #: 52
Assessor Parcel Ltr: B
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 107500
Taxes: 43090
Legal: EVANS ADD TO ORANGEWOOD MCR 2/56 S 143.01F OF N 1 78.01 OF FOL DESC PROP-BEG AT SE COR LOT BK 1 TH W
House Number: 5314
Compass: N
Street Name: 7TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 2805
County Code: Maricopa
Subdivision: EVANS ADDITION TO ORANGEWOOD BLOCK 1 LOTS 1&2
Assessor Number: 162-21-052-B
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 22156
# of Buildings: 1
Uncvrd Parking Spcs: 79
Lot Size Dimensions: 217 x 268
Year Built: 1979
Zoning: C2
Legal Info
Range: 3E
Section: 17
Township: 2N
Lot Number: 2
Construction
Block: 1
Stucco: 1
Roofing
Foam: 1
Floors
Concrete: 1
Bay Info
# of Bays: 1
# of Bay Doors: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 43090
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Stories
2 Stories: 1
Pmt & Rate Info
Equity: 5800000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
8 Feet or Less: 1
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
12.1 Feet to 14 Feet: 1
14.1 Feet to 16 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Other: 1
Cooling
Office A/C: 1
Other: 1
Loading Facilities
Drive-in Door(s): 1
Exterior
Pole Sign: 1
Building Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
15,001 to 25,000: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Private: 1
Electric
APS: 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1
Cash to Loan: 1
1031 Exchange: 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: 7th St & Camelback Rd
Directions: North on 7th St. Property is on the west side just south of Missouri
Geo Lat: 33.515025
Geo Lon: -112.065575
Status Change Info
Off Market Date: 2024-04-04
Under Contract Date: 2024-01-22
Close of Escrow Date: 2024-04-30
Sold Price: $4,800,000
Property Features
Building Type: Commercial; Office
Business Type: Dental; Medical; Professional/Office
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Foam
Floors: Concrete
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet; 16.1 Feet to 28 Feet
Heating: Other
Cooling: Office A/C; Other
Loading Facilities: Drive-in Door(s)
Exterior: Pole Sign; Building Sign
Fencing: Block
Parking Features: Free; Private
Electric: APS
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Lockbox Type: None
Source of Fincl Data: Owner
Traffic Count: 15,001 to 25,000
Environmental: None
Documents
Listing Office:
Berkshire Hathaway HomeServices Arizona Properties
Last Updated: May - 01 - 2024
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