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7112 N 55TH Avenue

Glendale, AZ 85301
  • $390,000
  • STATUS: Closed
  • ON SITE: 269 days
  • MLS #: 6137483
Sold - 06/07/2021
$390,000
SOLD - 06/07/2021
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,272
    SQFT
  • $119
    $/SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Fresh $10k price reduction....HIGH DEMAND/LOW SUPPLY OWNER USER OR INVESTMENT OPPORTUNITY..WALK TO CITY HALL....SELLERS WILL LEASEBACK FOR 3 YEARS PLUS ADDITIONAL TENANT INCOME IF BUYER WANTS OR USE some SPACE AND STILL HAVE INCOME FROM 2 TENANTS!! *** PRICED AT A 7.88% CAP RATE ON $11.45 MG INCOME***4 AC UNITS, 3 APX 5-YEARS OLD, ONE WATER METER, 3 SEPARATE ELEC METERS...ADDITIONAL PARKING INCOME FOR SPECIAL EVENTS..2 CONTIGUOUS PARCELS 042/043...GAS SERVED, C2 ZONED RETAIL OR OFFICE USES, GOOD PARKING..MAIN SEWER LINE REPLACED 2 YEARS AGO.

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© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-06-22T11:12:37.387.
www.yosthomes.com/homes/110403914
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7112 N 55TH Avenue Glendale, AZ 85301

  • Price: $390,000
  • Status: Closed
  • Updated: 51 min ago
  • MLS #: 6137483
0
Beds
0
Baths
0
½ Baths
0.39
Acres
3,272
SQFT
$119
$/SQFT
1985
Built
Neighborhood:
Park ADDN BLKS 26-28, 7-15
County:
Maricopa
Area:
Glendale
Property Description
Fresh $10k price reduction....HIGH DEMAND/LOW SUPPLY OWNER USER OR INVESTMENT OPPORTUNITY..WALK TO CITY HALL....SELLERS WILL LEASEBACK FOR 3 YEARS PLUS ADDITIONAL TENANT INCOME IF BUYER WANTS OR USE some SPACE AND STILL HAVE INCOME FROM 2 TENANTS!! *** PRICED AT A 7.88% CAP RATE ON $11.45 MG INCOME***4 AC UNITS, 3 APX 5-YEARS OLD, ONE WATER METER, 3 SEPARATE ELEC METERS...ADDITIONAL PARKING INCOME FOR SPECIAL EVENTS..2 CONTIGUOUS PARCELS 042/043...GAS SERVED, C2 ZONED RETAIL OR OFFICE USES, GOOD PARKING..MAIN SEWER LINE REPLACED 2 YEARS AGO.
Exterior Features

Construction BlockFrame - Wood Covered Parking Spaces 0.00 Fencing Chain Link Lot Size Dimensions 100 X 170 Parking FreePaved ParkingPrivate Parking Roofing Comp Shingle Stories 1 Story Total Parking Spaces 19.00 Uncovered Parking Spaces 19.00

Interior Features

Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring CarpetConcrete Heating Heat Pump Interior Features Finished

Property Features

Adjusted Gross Inc 0.00 Building Type CommercialOffice Cross Street Glendale/55 Ave Current Use Office Electric Aps Gas Sw Gas Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 4 Net Operating Income 29619.00 Operating Exp 850.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Projected Proforma Taxes 850.00 Vacancy Allowance 5.00 Water City Franchise Zoning C2

Listing courtesy of Stone West Properties.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Yost Realty Group at RE/MAX Casa Grande. Data last updated 2021-06-22T11:12:37.387.
 
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Yost Realty Group at RE/MAX Casa Grande
317 E. Cottonwood Lane, Suite C
Casa Grande AZ, 85122