$343,524
201 N FLORENCE Street
Casa Grande, AZ 85122
MLS# 5790104
4672 sqft


201 N FLORENCE Street, Casa Grande, AZ 85122
  1 / 8  
201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122 201 N FLORENCE Street, Casa Grande, AZ 85122

Property Description
INVESTMENT PROPERTY - 9.25% CAP Actual. Downtown Casa Grande is a very quaint historic city. Downtown recently renovated and beautified via city project with streetscaping, etc. Two suites shall be leased back by seller for 5 years with established chiropractic business. Suite 205 (2000 SF) has recently renewed for 3 years. Suite 108 (600SF) currently vacant. Solid investment opportunity. Classic building that is well maintained. Ample parking in newly resurfaced parking lot (shared). Do not disturb occupants.

Details
Maps
Contract Info
Current Price: $343,524
List Price: $343,524
Status: Active
List Date: 2018-06-28
Location, Tax & Legal
Map Code/Grid: X41
House Number: 201
Compass: N
Street Name: FLORENCE
St Suffix: Street
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Zip4: 4420
Country: USA
County Code: Pinal
Assessor Number: 507-07-090
Taxes: 4631
General Property Description
Approx SQFT: 4672
Year Built: 1952
Zoning: B2
Remarks & Misc
Geo Lat: 32.876699
Geo Lon: -111.754382
Status Change Info
Status Change Date: 2018-07-06
Legal Info
Township: 06S
Range: 06E
Section: 29
Lot Number: 15
Income & Expenses
Owner Association: No
Annual Other Expense: 14222
Gross Annual Sch Inc: 45998
Adjusted Gross Inc: 45998
Net Operating Income: 31776
Pmt & Rate Info
Down Payment: 343524
Cap Rate: 9.25
Equity: 343524
Property Features
Building Type: Commercial; Office
Current Use: Service Business; Medical/Dental; Retail
Stories: 1 Story
Construction: Block
Roofing: Rolled
Floors: Concrete; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Electric
Cooling: Central A/C
Loading Facilities: None
Interior: Finished
Exterior: Corner Lot
Fencing: None
Amenities: Reception Room
Parking: Free; Paved Parking
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Other (See Remarks)
Owner Wants: Cash to Loan
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt/Blacktop
Traffic Count: Not Available
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Keller Williams Legacy One

Last Updated: September - 11 - 2019

201 N FLORENCE Street, Casa Grande, AZ 85122 - MLS# 5790104

Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Tuesday 19th of November 2019 08:31 AM