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Home > 1301 E MCDOWELL Road, Phoenix, AZ 85006 (MLS# 5864372)

1301 E MCDOWELL Road, Phoenix, AZ 85006

$3,100,000
Property Type: Comm/Industry Sale Square Footage: 28,834 Lot Size (sq. ft.): 53,218 Status: Closed
Current Price: $3,100,000 List Date: 1/15/2020 Last Modified: 8/06/2021

Description

• Multi-Tenant Medical/Office Building • Brand New Monument Signage • Ample Parking of 4.00/1,000 with additional street parking • 3-story parking structure with ample covered parking • Value creation through Opportunity Zone benefits, re-position/lease-up, rising rates in a growing area • Less than 1/2 mile from North 7th St and I-10 full diamond interchange • Bus stop out front and less than 2 miles from the light rail

More Information MLS# 5864372

Contract Info

Current Price: $3,100,000 Sold Price: $3,100,000 Status: Closed List Date: 2019-01-07 Ownership: Other (See Remarks)

Location Tax Legal

Map Code/Grid: P34 House Number: 1301 Compass: E Street Name: MCDOWELL St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 2605 Country: USA County Code: Maricopa Subdivision: BURROUGHS Assessor Number: 116-22-025-A Tax Year: 2017

General Property Description

Ttl Apx SqFt Bldg: 28834 # of Buildings: 1 Year Built: 1986 Uncvrd Parking Spcs: 47 Zoning: C-2

Remarks Misc

Cross Street: E McDowell Rd & N 13th St Geo Lat: 33.465266 Geo Lon: -112.05386

Status Change Info

Status Change Date: 2020-02-29 Off Market Date: 2020-01-15 Under Contract Date: 2020-01-14 Close of Escrow Date: 2020-02-28 Sold Price: $3,100,000

Legal Info

Township: 1N Range: 3E Section: 4 Lot Number: 1

Sold Info

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

Property Features

Building Type: Office Current Use: Medical/Dental; Office Stories: 2 Stories Construction: Other (See Remarks) Roofing: Other (See Remarks) Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Fencing: Other; See Remarks Parking: Parking Structure; Paved Parking Electric: Other (See Remarks) Gas: Other (See Remarks) Water: Other; See Remarks Sewer: Other (See Remarks) New Financing: Other (See Remarks) Lockbox Type: None Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: August - 06 - 2021
1301 E MCDOWELL Road, Phoenix, AZ 85006- MLS# 5864372
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