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3101 E Shea Boulevard

Phoenix, AZ 85028
  • $4,700,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 6369538
UPDATED: 70 min ago
$4,700,000
  • 0
    BEDS
  • 1.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,652
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

Description

This is your opportunity to own a beautifully updated and maintained medical building! Start your own practice or purchase as an investment to take advantage of everything happening in the Paradise Valley submarket. Located in a qualified opportunity zone, this property has so many upgrades! Newer roof, fully owned solar panels, professional landscaping, new parking lot asphalt and grading, full fiber optics installed, interior renovation and ADA compliant parking and bathrooms. The option to make a surgical center on the property is there. The owner had room and had drawings created for a full surgical center.This is conveniently located near major intersections of Shea and Hwy 51, 15 minutes from Sky Harbor and about 30 minutes from four private airports.

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Realty Foremost. Data last updated 2022-05-23T13:20:13.69.
www.realtyforemost.com/homes/126777681
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3101 E Shea Boulevard Phoenix, AZ 85028

  • Price: $4,700,000
  • Status: Active
  • On Site: 67 Days
  • Updated: 70 min ago
  • MLS #: 6369538
0
Beds
0
Baths
0
½ Baths
1.98
Acres
23,652
SQFT
$199
$/SQFT
1974
Built
Neighborhood:
Valley View Villas
County:
Maricopa
Area:
Phoenix
Property Description
This is your opportunity to own a beautifully updated and maintained medical building! Start your own practice or purchase as an investment to take advantage of everything happening in the Paradise Valley submarket. Located in a qualified opportunity zone, this property has so many upgrades! Newer roof, fully owned solar panels, professional landscaping, new parking lot asphalt and grading, full fiber optics installed, interior renovation and ADA compliant parking and bathrooms. The option to make a surgical center on the property is there. The owner had room and had drawings created for a full surgical center.This is conveniently located near major intersections of Shea and Hwy 51, 15 minutes from Sky Harbor and about 30 minutes from four private airports.
Exterior Features

Construction Stucco Covered Parking Spaces 87.00 Exterior Features Building SignCorner LotDual Street FtgLandscapingMonument Sign Fencing See Remarks Freeway Highway Up To 1 Mile Parking FreeParking StructurePaved Parking Roads Dedicated Street Roofing Rolled Stories 2 Stories Total Parking Spaces 145.00 Uncovered Parking Spaces 58.00

Interior Features

Amenities Conference RoomFiber Optic AvailbleFreight Elevator(S)Reception Room Ceiling Height 14.1 Feet To 16 Feet Cooling Central A/C Flooring Ceramic TileConcrete Heating Solar Interior Features FinishedUnfinished

Property Features

Adjusted Gross Inc 507310.52 Annual Elec Exp 36413.08 Annual Ins Exp 4078.49 Annual Landscape Exp 9740.00 Annual Legal And Acctg 366.00 Annual Maint Exp 7684.72 Annual Mgmt Exp 9699.79 Annual Other Expense 19561.66 Annual Trash Exp 2350.02 Annual Wtr Swr Exp 5200.27 Building Type Commercial Cross Street E Shea & N 31st St Current Use Medical/DentalOffice Electric City ElectricSolar Gas None Gross Annual Sch Inc 559160.36 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 1 Net Operating Income 485978.01 Other Income 4518.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Projected ProformaProvided By AccntntProvided By Owner Taxes 24193.06 Vacancy Allowance 0.10 Water City FranchiseMaster Meter Zoning C-O

Listing provided by My Home Group Real Estate: (480) 685-2760.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Realty Foremost. Data last updated 2022-05-23T13:20:13.69.
 
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