1751 E MARYLAND Avenue, Phoenix, AZ 85016

$4,900,000

Property Type: Comm/Industry Sale Square Footage: 32,516 Lot Size (sq. ft.): 279,873 Status: Closed

Current Price: $4,900,000 List Date: 8/03/2018 Last Modified: 1/13/2025

Overview

Description

DO NOT DISTURB DURING SCHOOL BUSINESS HOURS AND SHOWN ONLY BY APPOINTMENT TO FINANCIALLY QUALIFIED BUYERS. A very functional, beautiful and modern church and school facility east of 16th Street and backing up to the 51 Freeway. Copper roofed Auditorium with pew seating for 700+-, baptistry, abundant classrooms, nurseries, open foyer leading out to the covered walkway to the offices and educational building. Kitchen/dining room, 227+- paved parking with potential room for more parking or additional buildings. Currently operating as a christian school with fenced playgrounds. No current income from the cell tower. Sale to be approved by State Administrative Bishop.

Listing Details MLS# 5802230

Location, Tax & Legal

Map Code/Grid: N35
House Number: 1751
Compass: E
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 1303
County Code: Maricopa
Assessor Number: 164-37-010-C
Tax Year: 2017
Assessor's Map #: 37
Legal Description (Abbrev): NE4 NW4 SW4 EX S 104F E 140F & EX N 33F & E 25F RDS P/D 86-036024 & EX TH PT DEEDED PER FEE NO 87-
Assessor's Parcel #: 10
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106400
Taxes: 0
Legal: NE4 NW4 SW4 EX S 104F E 140F & EX N 33F & E 25F RDS P/D 86-036024 & EX TH PT DEEDED PER FEE NO 87-514710
Marketing Name: Parkway Community Church

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 32516
# of Buildings: 2
Lot Size Dimensions: Irregular
Year Built: 1987
Uncvrd Parking Spcs: 227
Zoning: R1-6

Remarks Misc

Cross Street: 16th Street and East Maryland Ave
Directions: North on 16th St to East Maryland Avenue, best on Maryland Ave to the subject property.

Status Change Info

Off Market Date: 2018-08-13
Under Contract Date: 2018-08-13
Close of Escrow Date: 2019-02-08

Legal Info

Township: 2N
Range: 3E
Section: 10
Lot Number: -/-/-

More Information

Sold Info

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

Construction

Block: Yes

Roofing

Built-Up: Yes
Tile: Yes
Metal: Yes

Floors

Concrete: Yes
Carpet: Yes

Income & Expenses

Annual Elec Exp: 1
Annual Gas Exp: 0
Annual Ins Exp: 1
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 1
Annual Wtr/Swr Exp: 1
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 4
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Other (See Remarks): Yes

Business Type

Religious Facility: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Down Payment: 4595000
Equity: 4595000
1st Encumbrance: 0
Total Owed: 0
Assessment Balance: 0

Ceiling Height

16.1 Feet to 28 Feet: Yes

Heating

Heat Pump: Yes
Electric: Yes
2 or More Units: Yes

Cooling

Central Air: Yes
Heat Pump: Yes

Interior Features

Finished: Yes
Fire Sprinklers: Yes
Security System: Yes
Security Camera(s): Yes
Alarm System: Yes
Private Restrooms: Yes

Loading Facilities

None: Yes

Road Access Type

Dedicated Street: Yes

Road Surface Type

Asphalt: Yes

Exterior

Sprinkler System-Ground: Yes
Curb(s) & Gutter(s): Yes

Source of Fincl Data

Owner: Yes

Traffic Count

Unknown: Yes

Fencing

Block: Yes

Water Source

City Franchise: Yes

Freeway/Highway

Frontage: Yes

Building Features

Kitchen: Yes
Security Gate: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Fenced: Yes
Private: Yes
Paved: Yes

Electric

SRP: Yes

Gas

None: Yes

New Financing

Cash Only: Yes

Existing 1st Loan

SBA: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Non Assumable: 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

Existing Easement(s): Yes
Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Other (See Remarks) Business Type: Religious Facility Stories: 1 Story Construction: Block Roofing: Built-Up; Tile; Metal Floors: Concrete; Carpet Ceiling Height: 16.1 Feet to 28 Feet Heating: Heat Pump; 2 or More Units Cooling: Central Air; Heat Pump Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Security System; Security Camera(s); Alarm System; Private Restrooms Exterior: Sprinkler System-Ground; Curb(s) & Gutter(s) Fencing: Block Building Features: Kitchen; Security Gate Parking Features: Fenced; Private; Paved Road Access Type: Dedicated Street Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only Source of Fincl Data: Owner Existing 1st Loan: SBA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable 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 Traffic Count: Unknown Use Restrictions: Existing Easement(s); Other (See Remarks) Environmental: None

Listing Office: AZ Brokerage Holdings, LLC

Last Updated: January - 13 - 2025