NOT LISTED FOR SALE
-- Bed
-- Bath
26,530 Sq Ft
0.93 Acres

Last Sold June 24, 2021

Last sale price $2,500,000 $94 Per Sq Ft

803 Days on Market

About This Home

As of June 2021

• Brand New 6,000 SF Lease Signed with $123,000.00 Gross Income in Place
• Great Owner/User Opportunity for Additional Space (Up to 20,000 SF Available)
• 58 Parking Spaces (44 are covered) plus 3 Handicap spaces as well as street parking along Virginia Circle
• Building Signage and a brand new cooling tower with a 1-year transferable warranty
• Walking distance to the Light rail and quick freeway access to the I-10
• Close proximity to major hospitals, retailers, Arts District, and the Phoenix Country Club
• Located in uptown Phoenix with easy access to the financial districts, Sky Harbor Airport, and I-10
• New Cooling Tower Added to the Building & Building has Solar Power.

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 04/07/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $33,958

Year Built

  • Built in 1981

Lot Details

  • 0.93 Acre Lot
  • Property is zoned R-5

Home Design

  • 26,530 Sq Ft Home

Parking

  • 14 Open Parking Spaces
  • 58 Parking Spaces
  • 44 Covered Spaces
  • Paved Parking

Community Details

  • Virginia Circle Subdivision
  • Operating Expense $33,958

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 118-45-127

Property Details

Property Type

Other

Est. Annual Taxes

$33,958

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: E Virginia Ave & N 3rd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1981
  • Tax Year: 2018
  • Lot Size Acres: 0.93
  • Subdivision Name: VIRGINIA CIRCLE
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 26530.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 44.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 58.0
  • General Property Description:Covered Parking Spcs: 44.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 58.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 40418.0
  • Parcel #: 118-45-127
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 33958.0

Tax Info

  • Tax Annual Amount: 33958.0
  • Tax Book Number: 118.00
  • Tax Lot: 4
  • Tax Map Number: 45.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $2,500,000 -16.7% $94 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
07/01/2020 07/01/20 Price Changed $2,999,999 -6.3% $113 / Sq Ft
04/07/2020 04/07/20 For Sale $3,200,000 0.0% $121 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $3,200,000 -- $121 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888837

Arizona Regional Multiple Listing Service (ARMLS)