$300,000
Phoenix, AZ 85007
MLS# 4928974
Status: Closed
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Property Description
SERIES 9 LIQUOR LICENSE INCLUDED IN THIS SALE...do you know how much it would cost you to get a new #9 LIQUOR LICENSE??? Check Out The Maricopa County website...FMV is a MINIMUM $200,000!! Buy the small Grocery and Liquor Store and get a 3 BR, 1 1/2 Bath HOME TOO...right behind the store...live there or rent it or tear it down and expand?...Parking Lot?...YOU DECIDE! High traffic area with Residential Apartments and Homes all around this place! Just Think What You Could Do with this Business and/or PROPERTY...Business established 80 years and Seller opens it from 10:30 AM to 9:00 PM Daily. SERIES 9 LIQUOR LICENSE INCLUDED!!!! Address is also 1106 S. 11th Ave.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $300,000
Sold Price: $300,000
Status: Closed
List Date: 2013-05-01
Location, Tax & Legal
Assessor's Map #: 11
Legal Description (Abbrev): IRVINE ADD 17-18, 23-26
Assessor's Parcel #: 87
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 114302
Taxes: 4989
Legal: IRVINE LOT 3 BLK 14 EX N 3'
Map Code/Grid: Q34
House Number: 1106
Compass: S
Street Name: 11TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3410
County Code: Maricopa
Assessor Number: 112-11-087
Tax Year: 2012
General Property Description
Type of Property: Grocery & Liquor Store
Ttl Apx SqFt Bldg: 3034
# of Buildings: 2
Uncvrd Parking Spcs: 2
Year Built: 1965
Zoning: C-G/Commercial
Legal Info
Range: 3E
Section: 7
Township: 1N
Lot Number: 3
Construction
Block: 1
Roofing
Metal: 1
Floors
Concrete: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 35000
Operating Exp: 39989
Other Income: 98000
Vacancy Allowance: 0
Adjusted Gross Inc: 98000
Building Type
Commercial: 1
Business Type
Packge Store(Liquor): 1
Retail: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 30.15
Down Payment: 0
Equity: 325000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
14.1 Feet to 16 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Exterior
Corner Lot: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Not Available: 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Free: 1
Parking Lot: 1
Private: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Owner May Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: W Grant and 11th Ave
Directions: West Grant and 11th Ave Corner. ADDRESS IS ALSO 1106 S 11th Ave.
Geo Lat: 33.44061
Geo Lon: -112.087134
Status Change Info
Off Market Date: 2014-09-30
Under Contract Date: 2014-08-29
Close of Escrow Date: 2014-09-30
Sold Price: $300,000
Income Expenses
Net Operating Income: 98000
Property Features
Building Type: Commercial
Business Type: Packge Store(Liquor); Retail; Other; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Metal
Floors: Concrete
Ceiling Height: 14.1 Feet to 16 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s)
Exterior: Corner Lot; Curb(s) & Gutter(s); Sidewalk(s)
Fencing: Chain Link
Parking Features: Fenced; Free; Parking Lot; Private
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Owner May Carry
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; Concrete
Traffic Count: Not Available
Environmental: None
Listing Office: Keller Williams Realty Biltmore Partners
Last Updated: April - 07 - 2026
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