$1,685,000
Surprise, AZ 85374
MLS# 4314798
Status: Closed

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Property Description
Property consists of a 17,470 sq.ft. commercial building with a 1277 sq.ft. outdoor enclosed courtyard. The building has been used as the West Valley Art Museum.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,685,000
Sold Price: $1,685,000
Status: Closed
List Date: 2010-01-06
Location, Tax & Legal
Assessor's Map #: 13
Assessor's Parcel #: 1
Assessor Parcel Ltr: M
Add'l Parcels: No
Taxes: 0
Legal: PT W2 SEC 31 Township 4N Range 1E
Marketing Name: West Valley Art Museum
Map Code/Grid: K30
House Number: 17420
Compass: N
Street Name: Avenue of the Arts
St Suffix: Boulevard
City/Town Code: Surprise
State/Province: AZ
Zip Code: 85374
County Code: Maricopa
Assessor Number: 200-13-001-M
Tax Year: 2008
General Property Description
Type of Property: Art Museum
Ttl Apx SqFt Bldg: 17470
# of Buildings: 1
Uncvrd Parking Spcs: 196
Year Built: 1985
Zoning: C-2
Legal Info
Range: 1E
Section: 31
Cnty Rcrd Bk & Pg #: 200-13-016 G&H
Township: 4N
Lot Number: 9
Construction
Block: 1
Stucco: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Bay Info
# of Bays: 1
# of Bay Doors: 1
Income & Expenses
Annual Elec Exp: 18000
Annual Gas Exp: 0
Annual Ins Exp: 2700
Annual Land Lse Exp: 0
Annual Landscape Exp: 500
Annual Legal & Acctg: 1000
Annual Maint Exp: 2500
Annual Mgmt Exp: 0
Annual Trash Exp: 800
Annual Wtr/Swr Exp: 3000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Other: 1
See Remarks: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 2250000
Equity: 2250000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
12.1 Feet to 14 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Electric: 1
Cooling
Heat Pump: 1
Office A/C: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Smoke Detector(s): 1
Security System: 1
Alarm System: 1
Loading Facilities
Truck Well: 1
Dock Leveler(s): 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Exterior
Landscaping: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Up to 5,000: 1
Fencing
Block: 1
Security: 1
Water Source
Private: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Showroom: 1
Kitchen: 1
Skylight(s): 1
Sewer
Sewer - Private: 1
Railroad
Railroad 1 - 5 Miles: 1
Parking Features
Paved: 1
Electric
APS: 1
Gas
None: 1
New Financing
Cash Only: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Appraisal: 1
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
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: Bell Rd and Avenue of the Arts
Directions: Bell to Avenue of the Arts (114th Ave) then north 1/4 mile to the Property.
Geo Lat: 33.64236
Geo Lon: -112.304139
Status Change Info
Off Market Date: 2011-02-17
Under Contract Date: 2011-02-17
Close of Escrow Date: 2011-06-27
Sold Price: $1,685,000
Property Features
Building Type: Commercial
Business Type: Other; See Remarks
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 12.1 Feet to 14 Feet; 16.1 Feet to 28 Feet
Cooling: Office A/C; Heat Pump
Loading Facilities: Truck Well; Dock Leveler(s)
Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Alarm System
Exterior: Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Security Light(s)
Fencing: Block; Security
Building Features: Showroom; Kitchen; Skylight(s)
Parking Features: Paved
Road Access Type: Dedicated Street
Electric: APS
Gas: None
Water Source: Private
Sewer: Sewer - Private
Railroad: Railroad 1 - 5 Miles
New Financing: Cash Only
Special: Owner/Agent
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: Up to 5,000
Environmental: None
Listing Office: Meese & Associates, Inc.
Last Updated: May - 23 - 2020
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