$950,000
SOLD MAY 12, 2025

6195 E Cave Creek Rd Cave Creek, AZ 85331

-- Bed
-- Bath
3,675 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

14% Below List Price

109 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Black Mountain Elementary School Rated A-

About This Home

As of May 2025

Prime Multi-Use Retail/Office Property - Exceptional Value-Add Opportunity.This two-story property, offers 3,675 SF of versatile retail/office space on a .10-acre lot. Strategically located on Basin Road, just off Cave Creek Road, the primary road through town, this property has excellent visibility and proximity to popular restaurants, bars, retail shops, and affluent residential areas. Perfect for owner-users, this asset delivers both flexibility and strong growth potential. The property offers excellent infrastructure, including high water pressure for optimal functionality and a variety of uses. The first floor is ideal for retail, such as: art galleries, consignment shops, or food and bar-related concepts. See more... The second floor features nine individual office spaces with privately secured doors. These are suitable for boutique office leasing or a transformative opportunity, such as a boutique B&B with complementing retail or dining operations below. There are four six-ton HVAC units (two per floor) for optimal climate control.There are two sets of restrooms for convenience. There are four 3-phase 120/240 electrical panels (two upstairs, two downstairs) to support a wide variety of business operations. There are 19 total parking spaces (4.98 spaces per 1,000 SF), in the rear of the building for easy access. Stunning views of Black Mountain. Conveniently located just 20 minutes from Scottsdale, 30 minutes from Phoenix, and 40 minutes to Phoenix Sky Harbor Airport. Detailed building blueprints are available for future planning. Zoned Town Commercial Core (TCC), it offers flexibility for various business uses, enhancing opportunities for dining, hospitality, or entertainment ventures. Potential for expanded amenities, income streams, and capital growth in a charming, Western-themed community. Additionally, there is 50 feet of prominent frontage onto Basin Street. Excellent walkable location with scenic views and connectivity to nearby businesses and attractions. Important Note: Please do not disturb existing business operations, owners, or customers. All information provided is deemed reliable but should be independently verified by buyer for due diligence.

Last Agent to Sell the Property

Jackie Lind

Keller Williams Realty East Valley License #SA686151000 Listed on: 01/09/2025

Keller Williams Realty East Valley

Co-Listed By

Alicia Milton

Keller Williams Realty East Valley License #SA562701000

Last Buyer's Agent

Julie Semple

HomeSmart License #SA683405000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 2007

Home Design

  • 3,675 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Concrete

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Treehouse Condominium Subdivision
  • Showroom
  • Operating Expense $5,489

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 211-11-938

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,489

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Road/Basin Rd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 2007
  • Tax Year: 2024
  • Directions: CAVE CREEK ROAD TO N. BASIN RD THEN SOUTH TO BUILDING. PARKING IN REAR.
  • Lot Size Acres: 0.1
  • Road Surface Type: Treated, Dedicated Street
  • Co List Office Mls Id: kwevt01
  • Co List Office Phone: 480-839-6600
  • Subdivision Name: TREEHOUSE CONDOMINIUM
  • Structure Type: Other (See Remarks), Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 3675.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Foam
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 19.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: 3 Phase Power, Individual Meter, APS
  • Cooling: Central Air, Office A/C
  • Heating: Electric
  • Green Building Features: Showroom
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 4295.0
  • Parcel #: 211-11-938
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5489.0

Tax Info

  • Tax Annual Amount: 3489.0
  • Tax Book Number: 211.00
  • Tax Lot: 105
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
May 12, 2025
Sold by
Quarter Horse Antiques Llc
Bought by
6195 E Cave Creek Llc
Seller's Agent
Jackie Lind
Keller Williams Realty East Valley
Buyer's Agent
Julie Semple
HomeSmart
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Total Days on Market
109
Views
35

Purchase Details

Closed on
Apr 28, 2016
Sold by
Tuscany Executive Center Llc
Bought by
Quarter Horse Antiques Llc

Purchase Details

Closed on
Mar 9, 2005
Sold by
Colonial Bank
Bought by
Tuscany Executive Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
5.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Dhi Title Agency
Cash Sale Deed $435,000 Greystone Title Agency Llc
Special Warranty Deed $275,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $675,000 Commercial
Previous Owner $233,750 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $950,000 -13.6% $259 / Sq Ft
01/09/2025 01/09/25 For Sale $1,100,000 -- $299 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $3,489 $73,223 -- --
2024 $3,405 $71,915 -- --
2023 $3,405 $129,183 $56,491 $72,692
2022 $3,436 $121,205 $54,705 $66,500
2021 $3,855 $123,858 $56,268 $67,590
2020 $3,792 $111,366 $44,406 $66,960
2019 $3,685 $106,434 $42,282 $64,152
2018 $3,561 $101,610 $38,682 $62,928
2017 $3,446 $64,800 $28,800 $36,000
2016 $3,433 $53,100 $21,006 $32,094
2015 $3,350 $54,576 $21,590 $32,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6802515

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-11-938