$242,000
Chandler, AZ 85225
MLS# 4980408
Status: Closed

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Property Description
Commercial Offices w/Studio Apartment* $10,000+ just spent on inspection repairs,Roof,A/C,Sewer,Paint,Lawn & sprinklers, Fronts Chandler Blvd w/High visibility 4 or 5 Excellent offices plus Reception room & booth * West side efficiency apartment w/ kitchen & full bath * Large rooms * 4 entrances * 6 phone lines* Security system * 2 A/C's * Fresh neutral paint & Newer carpet * Covered Patio * Back yard is parking lot concrete slab with 3 covered spaces + 9 additional striped spots * Good size secure storage shed * Main entry from parking lot. ** Former tenant used as residence and office with permit from Chandler * High traffic count on Chandler. Contact agent for investor pro-forma * Near Restaurants, Hotels, Bus & Shops in downtown Chandler xx More info,See Semi Private Remarks xx
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $242,000
Sold Price: $242,000
Status: Closed
List Date: 2013-08-02
Location, Tax & Legal
Assessor's Map #: 60
Assessor's Parcel #: 15
Add'l Parcels: No
Tax Municipality: Chandler
Taxes: 2852
Legal: Town-Range-Section: 1S-5E-28
Marketing Name: Offices + Apartment
Map Code/Grid: T38
House Number: 498
Compass: W
Street Name: Chandler
St Suffix: Boulevard
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
County Code: Maricopa
Subdivision: Park Manors
Assessor Number: 302-60-015
Tax Year: 2012
General Property Description
Type of Property: Office+ Studio Apt
Ttl Apx SqFt Bldg: 1936
# of Buildings: 1
Uncvrd Parking Spcs: 9
Year Built: 1990
Zoning: Commercial
Construction
Block: 1
Stucco: 1
Roofing
Composition: 1
Floors
Concrete: 1
Ceramic Tile: 1
Carpet: 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: 0
Operating Exp: 2852
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 250000
Equity: 250000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8 Feet or Less: 1
Heating
Heat Pump: 1
Electric: 1
2 or More Units: 1
Cooling
Central Air: 1
Heat Pump: 1
Interior Features
Finished: 1
Alarm System: 1
Phone System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
15,001 to 25,000: 1
Fencing
Block: 1
Partial: 1
Water Source
City Franchise: 1
Master Meter: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Conference Room: 1
Reception Room: 1
Showers - Office: 1
Skylight(s): 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Fenced: 1
Free: 1
Paved: 1
Electric
APS: 1
Master Meter: 1
Gas
None: 1
New Financing
Cash Only: 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
Contact Info
List Agent Home Phn: 480-797-2895
List Agent Cell Phn2: 480-797-2896
List Agent Pager: 480-839-6600
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Arizona Ave, Chandler Blvd, Corner of Iowa
Directions: From Arizona Ave go west on Chandler to Iowa, N to first drive, East into parking. Corner of Iowa
Geo Lat: 33.306417
Geo Lon: -111.848129
Status Change Info
Off Market Date: 2014-06-27
Under Contract Date: 2014-01-03
Close of Escrow Date: 2014-07-08
Sold Price: $242,000
Legal Info
Lot Number: 16
Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Block; Stucco
Roofing: Composition
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8 Feet or Less
Heating: Heat Pump; 2 or More Units
Cooling: Central Air; Heat Pump
Loading Facilities: None
Interior Features: Finished; Alarm System; Phone System; Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s)
Fencing: Block; Partial
Building Features: Conference Room; Reception Room; Showers - Office; Skylight(s)
Parking Features: Fenced; Free; Paved
Electric: APS; Master Meter
Gas: None
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only
Source of Fincl Data: Other (See Remarks)
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
Traffic Count: 15,001 to 25,000
Environmental: None
Listing Office: Heins Realty
Last Updated: April - 06 - 2026
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