$958,750
Phoenix, AZ 85032
MLS# 6276955
Status: Closed
1 / 21
Property Description
Former KFC fast food restaurant currently being operated as a used car, motorcycle and RV dealership. Zoned C-2SP with a permanent, special permit to operate as a used motor vehicle dealer. C-2 and all underlying uses are also allowed. +/-750 Sq ft office/lounge/bathrooms plus +/-1550 sq ft warehouse. Dealership has been operating since 2015 in this location. Owner will be continuing to operate but is relocating so business, furnishings, vehicles and vehicle service equipment (Lifts, tools, etc.) are not included in the sale. Block construction with open span metal truss roof. Drop ceiling with acoustic tiles in office/lounge/bathrooms. 10' ceiling clearance height in warehouse. Rubber membrane roof is in excellent condition.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $958,750
Sold Price: $958,750
Status: Closed
List Date: 2021-08-10
Location, Tax & Legal
Assessor's Map #: 27
Legal Description (Abbrev): KAY ACRES UNIT 2 MCR 38/33 LOT 16 BLK C N2 EX E 119F P/F 12362-3 & EX W 22F RD P/D 10465-161
Assessor's Parcel #: 3
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103305
Taxes: 8217
Legal: KAY ACRES UNIT 2 MCR 38/33 LOT 16 BLK C N2 EX E 119F P/F 12362-3 & EX W 22F RD P/D 10465-161
Map Code/Grid: L35
House Number: 16421
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 2918
County Code: Maricopa
Subdivision: KAY ACRES 2 LOTS 15, 16, 18 BLK C
Assessor Number: 214-27-003-B
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 2289
# of Buildings: 1
Uncvrd Parking Spcs: 15
Year Built: 1974
Zoning: C2
Legal Info
Range: 3E
Section: 2
Township: 3N
Lot Number: 16
Construction
Block: 1
Roofing
Other: 1
Floors
Concrete: 1
Bay Info
# of Bay Doors: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 8217
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Automobile: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Equity: 999950
Total Owed: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Office Heated: 1
Cooling
Office A/C: 1
Loading Facilities
Grade Level: 1
Exterior
Monument Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
15,001 to 25,000: 1
Unknown: 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
Cash to Loan: 1
1031 Exchange: 1
Existing 1st Loan
Private: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Other
Loan Years: 30
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Cave Creek & Bell rd
Directions: South on Cave Creek to property on East side of road
Geo Lat: 33.63598
Geo Lon: -112.030356
Status Change Info
Off Market Date: 2021-11-04
Under Contract Date: 2021-09-27
Close of Escrow Date: 2021-12-16
Sold Price: $958,750
Property Features
Building Type: Commercial
Business Type: Automobile; Retail
Stories: 1 Story
Construction: Block
Roofing: Other
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Office Heated
Cooling: Office A/C
Loading Facilities: Grade Level
Exterior: Monument Sign; Security Light(s)
Fencing: Chain Link
Parking Features: Fenced
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Othr Ln Trm: Not Applicable
Traffic Count: 15,001 to 25,000; Unknown
Use Restrictions: Other (See Remarks)
Environmental: None
Listing Office: Realty ONE Group
Last Updated: December - 16 - 2021
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