$1,400,000
Phoenix, AZ 85014
MLS# 6480206
Status: Closed
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Property Description
16Thomas At Midtown is a central Phoenix redevelopment that includes a fully remodeled existing retail/office/flex space with controlled access and additional land with retail PAD upside (C-2 PAD Drive Thru Retail With City Of Phoenix CUP Approval), located in Midtown Phoenix, approximately 0.6 miles west of Arizona State Route 51 (Piestewa Freeway) and approximately 1.2 miles north of Interstate 10, west of 16th Street, along Thomas Road, allowing easy access to Downtown Phoenix, the Central Office Corridor, Camelback Corridor and Phoenix Sky Harbor International Airport and numerous employers. The total land area includes approximately 41,029 SF or 0.94 Acres, and the total existing building square footage includes approximately 11,664 square feet.
Details
Maps
Contract Info
Current Price: $1,400,000
Sold Price: $1,400,000
Status: Closed
List Date: 2022-10-21
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P34
House Number: 1541
Compass: E
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5732
County Code: Maricopa
Subdivision: HINTON PARK
Assessor Number: 117-20-006
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 11664
Ttl Apx Net Rnt Spc: 10545
# of Buildings: 2
Year Built: 1957
Uncvrd Parking Spcs: 38
Zoning: C-2, Phoenix
Remarks Misc
Cross Street: 16th Street & Thomas Road
Directions: From 16th Street and Thomas, head west on Thomas to subject property.
From 16th Street and Thomas, head south to Edgemont, turn right (west), property on north side.
Geo Lat: 33.479927
Geo Lon: -112.048274
Status Change Info
Off Market Date: 2023-04-11
Under Contract Date: 2023-04-06
Close of Escrow Date: 2023-05-01
Sold Price: $1,400,000
Legal Info
Township: 2N
Range: 3E
Section: 33
Lot Number: 6
Contact Info
List Agent Cell Phn2: 602-799-7483
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Business Type: Professional/Office; Retail
Stories: 2 Stories
Construction: Block
Roofing: Foam
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: 2 or More Units
Cooling: Central Air
Loading Facilities: Grade Level
Interior: Finished; Alarm System; Private Restrooms
Exterior: Corner Lot; Pole Sign; Monument Sign
Fencing: Block; Other
Parking Features: Fenced; Private; Paved
Electric: 220 Volts
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Traffic Count: 50,001 to 75,000
Environmental: None
Listing Office: Vestis Group
Last Updated: February - 07 - 2024
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