3716 S CENTRAL Avenue, Phoenix, AZ 85040 (MLS# 6606793)

$420,000

3716 S CENTRAL Avenue
Phoenix, AZ 85040
MLS# 6606793
Status: Closed

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Property Description
You do not want to miss this incredible opportunity in this quickly growing South Phoenix neighborhood. The light rail is extending down past the property, which will only improve the value. C-3 zoned 2,000+ sqft commercial building that needs some work and could be divided into several suites, with great rental potential.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $420,000

Sold Price: $420,000

Status: Closed

List Date: 2023-09-18

Location, Tax & Legal

Assessor's Map #: 6

Legal Description (Abbrev): LOT 14 AVENEL MCR 002207

Assessor's Parcel #: 17

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 115400

Taxes: 3419

Legal: LOT 14 AVENEL MCR 002207

Marketing Name: Two Parcels

House Number: 3716

Compass: S

Street Name: CENTRAL

St Suffix: Avenue

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85040

Zip4: 1065

County Code: Maricopa

Subdivision: AVENEL

Assessor Number: 113-06-017

Tax Year: 2022

General Property Description

Ttl Apx SqFt Bldg: 2122

# of Buildings: 1

Uncvrd Parking Spcs: 6

Lot Size Dimensions: IRR

Year Built: 1928

Zoning: C-3

Legal Info

Range: 3E

Section: 20

Township: 1N

Lot Number: 14

Construction

Wood Frame: 1

Roofing

Composition: 1

Floors

Concrete: 1

Wood: 1

Income & Expenses

Annual Elec Exp: 0

Annual Gas Exp: 0

Annual Ins Exp: 0

Annual Land Lse Exp: 0

Annual Landscape Exp: 0

Annual Legal & Acctg: 0

Annual Maint Exp: 0

Annual Mgmt Exp: 0

Annual Trash Exp: 0

Annual Wtr/Swr Exp: 0

Owner Association: No

Annual Ownr Asoc Fee: 0

Annual PAD Fee: 0

Annual Rplcmnt Rsrvs: 0

Annual Other Expense: 0

Operating Exp: 3419

Other Income: 0

Vacancy Allowance: 0

Adjusted Gross Inc: 0

Building Type

Commercial: 1

Business Type

Dental: 1

Mixed: 1

Service Business: 1

Religious Facility: 1

Automobile: 1

Restaurant: 1

Fast Food: 1

Medical: 1

Recreation: 1

Storage: 1

Professional/Office: 1

Retail: 1

Wholesale: 1

Food Service: 1

Bar/Tavern/Lounge: 1

Other: 1

Stories

1 Story: 1

Pmt & Rate Info

Down Payment: 0

Equity: 450000

Total Owed: 0

Assessment Balance: 0

Ceiling Height

8 Feet or Less: 1

Heating

Other: 1

See Remarks: 1

Cooling

Central Air: 1

Interior Features

Unfinished: 1

Loading Facilities

None: 1

Exterior

Corner Lot: 1

Storage Yard: 1

Pole Sign: 1

Source of Fincl Data

Other (See Remarks): 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Sewer

Other: 1

Parking Features

Free: 1

Paved: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Type

Not Applicable: 1

Existing 1st Loan Terms

Assume-No Qualify: 1

Assume-Qualify: 1

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

Wrap: 1

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Sold Info

Loan Type: Conventional

Loan Years: 30

Payment Type: Fixed

Clsing Cost Split: Normal - N

Buyer Concession to Seller: 0

Buyer Concession $/%: $

Seller Concession to Buyer: 0

Seller Concession $/%: $

Remarks Misc

Cross Street: Central/Broadway

Directions: Heading South on Central, property is on the right

Geo Lat: 33.412443

Geo Lon: -112.073808

Status Change Info

Off Market Date: 2023-11-08

Under Contract Date: 2023-09-24

Close of Escrow Date: 2023-11-07

Sold Price: $420,000

Property Features

Building Type: Commercial

Business Type: Dental; Mixed; Service Business; Religious Facility; Automobile; Restaurant; Fast Food; Medical; Recreation; Storage; Professional/Office; Retail; Wholesale; Food Service; Bar/Tavern/Lounge; Other

Stories: 1 Story

Construction: Wood Frame

Roofing: Composition

Floors: Concrete; Wood

Ceiling Height: 8 Feet or Less

Heating: Other; See Remarks

Cooling: Central Air

Loading Facilities: None

Interior Features: Unfinished

Exterior: Corner Lot; Storage Yard; Pole Sign

Fencing: Chain Link

Parking Features: Free; Paved

Electric: SRP

Gas: None

Water Source: City Franchise

Sewer: Other

New Financing: Other (See Remarks)

Source of Fincl Data: Other (See Remarks)

Existing 1st Loan: Treat as Free&Clear

Existing 1st Loan Type: Not Applicable

Existing 1st Loan Terms: Assume-No Qualify; Assume-Qualify; Not Applicable

Existing 2nd Loan: Treat as Free&Clear

Existing 2nd Loan Type: Not Applicable

Existing 2nd Loan Terms: Not Applicable

Existing 3rd Loan: Wrap; Treat as Free&Clear

Existing 3rd Loan Type: Not Applicable

Existing 3rd Loan Terms: Not Applicable

Existing Othr Ln Trm: Not Applicable

Environmental: None

Listing Office: Keller Williams Realty Phoenix

Last Updated: May - 11 - 2025