$1,700,000
$1,700,000
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0.61 Acres Lot
SOLD DATE : 03/31/2023
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Hidden Valley 2
MLS Listing ID 6451513
Sold Date 03/31/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $6,929
Tax Year 2022
Lot Size 0.609 Acres
Acres 0.61
Property Description
Commercial property in the heart of Cave Creek
Long time owner who is retiring.
All units are rented except Auto Shop Unit which is available April 1st, 2023
good cash flow
Newest Roof lease is with Dish.
Phase 1 environmental being completed
Property is next (south) to City of Cave Creek Town Administration offices and facilities.
Across form Oregano's Restaurant. The Baker Building is Next to the heart of the Cities facilities including City Administration and Police.
Multiple uses with all units currently leased.
Two tenants are in longer term leases but most of the units are month to month. All tenants are in good standing however some rents are low.
Do not disturb tenants.
Building is under contract so any information is attainable from the listing Agent.
Location
State AZ
County Maricopa
Community Hidden Valley 2
Zoning c-n
Direction Carefree Highway and N. Cave Creek RD North on N. Cave Creek RD for about 2 miles Property on the left (westside) Just south of the Town of Cave Creek City Administration Offices
Interior
Heating Electric, Natural Gas
Cooling Central A/C
Flooring Concrete, Other
Exterior
Garage Fenced, Free, Paved Parking, Public Parking, Private Parking
Fence Block
Waterfront No
Roof Type Built-Up, Other, See Remarks
Present Use Mixed Use, Retail, Service Business, Automobile, Office
Parking Type Fenced, Free, Paved Parking, Public Parking, Private Parking
Total Parking Spaces 32
Building
Sewer Public Sewer
Water City Franchise
Others
Senior Community No
Tax ID 211-14-040-C
Financing Carryback
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