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Home > 4520 N CENTRAL Avenue, Phoenix, AZ 85012 (MLS# 6405362)

4520 N CENTRAL Avenue, Phoenix, AZ 85012

$9,500,000
Property Type: Comm/Industry Sale Square Footage: 88,800 Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $9,500,000 List Date: 5/25/2022 Last Modified: 5/23/2023

Description

Outstanding opportunity to acquire the fee simple interest in 4520 N. Central (the ''Property'') located in the heart of the Central Avenue Corridor. Built in 1975, the property consists of 88,800 square feet and a structured parking garage on a +/- 90,000 SF site. The property currently has flexible lease structures for an owner user or providing an investor an attractive blend for upside. The offering is being made at $10,000,000 and on an ''as-is, where-is'' basis.

More Information MLS# 6405362

Contract Info

Current Price: $9,500,000 Sold Price: $9,500,000 Status: Closed List Date: 2022-05-24 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: P34 House Number: 4520 Compass: N Street Name: CENTRAL St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85012 Zip4: 1831 Country: USA County Code: Maricopa Assessor Number: 155-29-127-B Tax Year: 2021

General Property Description

Ttl Apx SqFt Bldg: 88800 # of Buildings: 1 Year Built: 1975 Uncvrd Parking Spcs: 93 Zoning: C-2, Phoenix

Remarks Misc

Cross Street: W Campbell Ave and N Central Ave Directions: Central Ave & Camelback Directions: South to property on West side of street, 2nd building past canal and directly across from Central High School Geo Lat: 33.502739 Geo Lon: -112.07473

Status Change Info

Status Change Date: 2023-05-23 Off Market Date: 2022-12-01 Under Contract Date: 2022-11-29 Close of Escrow Date: 2023-05-19 Sold Price: $9,500,000

Legal Info

Township: 2N Range: 3E Section: 20 Lot Number: B

Sold Info

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

Property Features

Building Type: Office Current Use: Office; Other; See Remarks Stories: Other (See Remarks) Construction: Other (See Remarks) Roofing: Other (See Remarks) Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central A/C Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Fencing: None Parking: Parking Structure; Paved Parking Electric: APS Gas: SW Gas Water: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: May - 23 - 2023
4520 N CENTRAL Avenue, Phoenix, AZ 85012- MLS# 6405362
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