16872 E AVE OF THE FOUNTAINS, Fountain Hills, AZ 85268 (MLS# 6291903)

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
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
IDX
Last Updated: July - 05 - 2022
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