16872 E AVE OF THE FOUNTAINS, Fountain Hills, AZ 85268

$3,000,000

Property Type: Comm/Industry Sale Square Footage: 31,275 Lot Size (sq. ft.): 18,463 Status: Closed

Current Price: $3,000,000 List Date: 6/03/2022 Last Modified: 7/05/2022

Overview

Listing Details MLS# 6291903

Location, Tax & Legal

Map Code/Grid: L41
House Number: 16872
Compass: E
Street Name: AVE OF THE FOUNTAINS
St Suffix: --
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 8313
Country: US
County Code: Maricopa
Subdivision: FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208
Assessor Number: 176-25-518
Tax Year: 2021
Assessor's Map #: 25
Legal Description (Abbrev): LOT 3A FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208 MCR 052421
Assessor's Parcel #: 518
Add'l Parcels: No
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 40505
Legal: LOT 3A FOUNTAIN HILLS LOT 3A BLOCK 6 PLAT 208 MCR 052421
Marketing Name: Fountain Oasis

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: Commercial office/retail
Ttl Apx SqFt Bldg: 31275
# of Buildings: Yes
Lot Size Dimensions: IRR
Year Built: 2001
Uncvrd Parking Spcs: 50
Zoning: C-2

Remarks Misc

Cross Street: Soguaro Blvd and Avenue of the Fountains
Directions: Shea Blvd and Saguaro Blvd north on Saguaro Blvd to building

Status Change Info

Off Market Date: 2022-07-05
Under Contract Date: 2022-05-31
Close of Escrow Date: 2022-07-01

Legal Info

Township: 3N
Range: 6E
Section: 14
Lot Number: 3A

More Information

Contact Info

List Agent Home Phn: 480-837-3605

Sold Info

Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Block: Yes
Brick: Yes

Roofing

Built-Up: Yes

Floors

Concrete: Yes
Ceramic Tile: Yes

Income & Expenses

Owner Association: Yes
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Office: Yes

Business Type

Mixed: Yes
Service Business: Yes
Restaurant: Yes
Professional/Office: Yes
Retail: Yes
Food Service: Yes
Bar/Tavern/Lounge: Yes

Stories

2 Stories: Yes

Pmt & Rate Info

Equity: 3900000
Total Owed: 0

Showing Notification Methods

Phone Call: Yes

Lockbox Type

None: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes

Interior Features

Finished: Yes
Fire Sprinklers: Yes
Smoke Detector(s): Yes
Private Restrooms: Yes

Loading Facilities

None: Yes

Road Surface Type

Asphalt: Yes

Exterior

Corner Lot: Yes
Dual Street Ftg: Yes
Roof Sign: Yes

Source of Fincl Data

Owner: Yes

Fencing

None: Yes

Water Source

Private: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
Private: Yes
Paved: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

New Financing

Cash Only: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Use Restrictions

CC&R's: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial; Office Business Type: Mixed; Service Business; Restaurant; Professional/Office; Retail; Food Service; Bar/Tavern/Lounge Stories: 2 Stories Construction: Block; Brick Roofing: Built-Up Floors: Concrete; Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Private Restrooms Exterior: Corner Lot; Dual Street Ftg; Roof Sign Fencing: None Parking Features: Free; Private; Paved Electric: SRP Gas: SW Gas Water Source: Private Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Use Restrictions: CC&R's Environmental: None

Listing Office: MCO Realty

Last Updated: July - 05 - 2022