$949,900
$25K PRICE DROP

Estimated payment $5,871/month

Total Views 896
-- Bed
-- Bath
3,306 Sq Ft
$287 Price per Sq Ft

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • Sunnyslope High School Rated A
  • Computer Room
  • Heating unit installed on the ceiling

About This Home

Fully remodeled in 2024, this commercial space sits in the Hatcher Overlay District, which allows for office, retail, restaurant, and multifamily to be developed within the corridor. Currently, this building is owner occupied as office space for admin, but previous occupants have been medical due to the proximity to John Lincoln Hospital. The renovations included a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room, and a bank vault in the back.

Listing Agent

Keith Grayson

Grayson Real Estate License #BR636932000 Listed on: 06/25/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,836

Year Built

  • Built in 1994

Lot Details

  • 0.27 Acre Lot
  • Block Wall Fence
  • Property is zoned R-5

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,306 Sq Ft Home
  • Computer Room
  • Vinyl Flooring

Parking

  • 7 Open Parking Spaces
  • 15 Parking Spaces
  • Public Parking
  • 8 Covered Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heating unit installed on the ceiling
  • Heat Pump System
  • 440 Volts
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 159-45-095

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $8,836
  • Gross Income $72,000
  • Net Operating Income $63,164

Additional Features

  • Building Dimensions are 89 x 137
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$8,836

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Cross Street: Hatcher Road and 5th Street
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 1
  • Year Built: 1994
  • Tax Year: 2024
  • Directions: From AZ 51 and Northern, West on Northern, North on 7th Street, West on Hatcher to property.
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 3306.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Parking Lot, Paved, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Public Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: 440 Volts, 3 Phase Power, Over 220 Amp, Master Meter, APS
  • Cooling: Central Air, Heat Pump, Office A/C
  • Heating: Heat Pump, 2 or More Units, Electric, Ceiling
  • Green Building Features: Conference Room, Reception Room, Kitchen, Computer Room, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size: 89 x 137
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 159-45-095

Multi Family

  • Annual Gross Income: 72000.0
  • Property Net Operating Income: 63164.0
  • Annual Operating Expense: 8836.0

Tax Info

  • Tax Annual Amount: 8836.0
  • Tax Book Number: 159.00
  • Tax Lot: none
  • Tax Map Number: 45.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,836 $65,677 -- --
2024 $8,938 $68,805 -- --
2023 $8,938 $79,696 $14,246 $65,450
2022 $8,901 $72,888 $12,390 $60,498
2021 $9,273 $75,690 $12,744 $62,946
2020 $9,042 $70,848 $13,158 $57,690
2019 $8,877 $61,506 $11,862 $49,644
2018 $8,644 $61,812 $10,674 $51,138
2017 $8,600 $62,118 $10,260 $51,858
2016 $8,444 $53,388 $9,756 $43,632
2015 $8,037 $51,523 $9,343 $42,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $949,900 -2.6% $287 / Sq Ft
06/25/2025 06/25/25 For Sale $975,000 +39.3% $295 / Sq Ft
03/26/2021 03/26/21 Sold $700,000 -5.4% $212 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $740,000 +5.7% $224 / Sq Ft
01/01/2021 01/01/21 Off Market $700,000 -- --
12/23/2020 12/23/20 Price Changed $740,000 +15.6% $224 / Sq Ft
10/28/2020 10/28/20 Price Changed $640,000 -35.9% $194 / Sq Ft
04/07/2020 04/07/20 For Sale $999,000 0.0% $302 / Sq Ft
04/07/2020 04/07/20 Price Changed $999,000 0.0% $302 / Sq Ft
01/20/2020 01/20/20 For Sale $999,000 -- $302 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $675,000 Pioneer Title Agency
Warranty Deed $700,000 Security Title
Cash Sale Deed $93,000 Grand Canyon Title Agency In
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 New Conventional
Previous Owner $420,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6884555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-095