$750,000
Phoenix, AZ 85020
MLS# 6565005
Status: Closed

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Property Description
Excellent retail building, city zoned C-2 has been completely renovated in 2019, 3,200 SF building, with 3 suites each with its own electrical meter (currently occupied), plus secured yard with 480 SF storage, pylon sign, and a total of 25 parking spaces. Easy ingress/egress, strong traffic corridor off Cave Creek Rd & close by proximity to residential neighborhoods. Nearby access to SR-51, I-17 & short distance to Loop 101. Excellent store front property would make it ideal for a convenience store, butcher shop, day care, office suites, restaurant, the possibilities are endless. Buyer to verify all material facts pertaining to business restrictions, require city/business permits etc.
Details
Maps
Contract Info
Current Price: $750,000
Sold Price: $750,000
Status: Closed
List Date: 2023-06-04
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: M34
House Number: 10812
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 1441
County Code: Maricopa
Subdivision: HARMONY ACRES REPLATTED
Assessor Number: 159-22-090
Tax Year: 2022
General Property Description
Ttl Apx SqFt Bldg: 3201
# of Buildings: 1
Year Built: 1980
Uncvrd Parking Spcs: 25
Zoning: Store Front Com
Remarks Misc
Cross Street: Thunderbird Rd / Cave Creek Rd
Directions: South on Cave Creek rd., property on the right.
Geo Lat: 33.584343
Geo Lon: -112.05093
Status Change Info
Off Market Date: 2023-12-06
Under Contract Date: 2023-11-30
Close of Escrow Date: 2024-01-16
Sold Price: $750,000
Legal Info
Township: 3N
Range: 3E
Section: 21
Lot Number: 8
Income Expenses
Gross Annual Sch Inc: 50400
Net Operating Income: 44667
Sold Info
Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Business Type: Professional/Office; Retail
Stories: 1 Story
Construction: Block; Tilt-Up; Wood Frame
Roofing: Rolled
Floors: Concrete; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Fencing: Block
Parking Features: Private; Paved
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
Railroad: Other (See Remarks)
New Financing: Cash Only; Cash to Loan
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Other (See Rmks)
Traffic Count: 25,001 to 35,000
Use Restrictions: Currently Leased
Environmental: None
Listing Office: West USA Realty
Last Updated: July - 28 - 2025

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