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$825,000
2420 E APACHE Boulevard, 1
Tempe, AZ 85281
MLS# 5679140
Status: UCB (Under Contract-Backups)



2420 E APACHE Boulevard, 1, Tempe, AZ 85281
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Property Description
COMMERCIAL DREAM PROPERTY IN PRIME TEMPE LOCATION. ON A MAIN STREET WITH THE VALLEY METRO LIGHT RAIL SYSTEM AT YOUR FRONT DOOR. THIS SUPER MARKET HAS SERVED THE VALLEY SINCE THE 1940'S AND IS WELL KNOWN THROUGHOUT ARIZONA AND BEYOND. INCLUDED IN THIS SALE IS A COMMERCIAL RESIDENTIAL HOUSE ON A SEPARATE LOT AND A VACANT PARKING LOT IN THE REAR. ALL 3 PARCELS ARE JUST UNDER 1 ACRE. UNLIMITED POSSIBILITIES AS VALUE IS IN THE LAND ALONE. EVERYTHING ELSE IS A PLUS. HIGHEST AND BEST USE: THE REASONABLY PROBABLE USE OF PROPERTY THAT RESULTS IN THE HIGHEST VALUE. THE FOUR CRITERIA THAT THE HIGHEST AND BEST USE MUST MEET ARE LEGAL PERMISSIBILITY, PHYSICAL POSSIBILITY, FINANCIAL FEASIBILITY AND MAXIMUM PRODUCTIVITY. ALL OF THIS AT ONLY $20.15 PER SQUARE FOOT OF NET SITE AREA.

Details
Maps
Contract Information
Current Price: $825,000
List Price: $825,000
Status: UCB (Under Contract-Backups)
For Sale or Lease?: Sale
Location, Tax & Legal
Map Code/Grid: R38
House Number: 2420
Compass: E
Street Name: APACHE
St Suffix: Boulevard
Unit #: 1
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4922
Country: USA
County Code: Maricopa
Assessor Number: 135-42-065-F
Subdivision: VICTORY TRACT
Taxes: 6000
Marketing Name: BILL'S MARKET
General Property Description
Apx Total Acres: 1
Apx Total Acres G/N: N
# Lots in Listing: 3
Apx SqFt G/N: N
Apx Lot Size Range: 140 X 277
Horses: N
Street Frontage: 140
Zoning: COMMERCIAL
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Elem School Dist #: 003 - Tempe School District
High School Dist #: 213 - Tempe Union High School District
Remarks & Misc
Geo Lat: 33.415757
Geo Lon: -111.886559
Status Change Info
Status Change Date: 2018-09-05
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Township: 1N
Range: 5E
Section: 19
Lot Number: 1
Pmt & Rate Info
Owner May Carry Amt: 500000
Owner Carry Term: 10
Equity: 825000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot; Commercial Acreage; Packaged Lot; Other (See Rmks)
Zoned Presently: Commercial; Office
Potential Use: Multi-Family; Commercial; Office; Shopping/Retail Cntr; Pad Site; Hotel/Motel
Parcel Size: .50 - .99 Acres
Land Features: Corner Lot; Dual Street Ftg; Historic District; City Light View(s); Mountain View(s); North/South Exp; Other (See Rmks)
Land Configuration: Pad Site; Square Rectangular; Intersection
Roads/Streets: Asphalt/Blacktop; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: 50,001 to 75,000
Freeway/Highway: Frontage; Up to 1 Mile; Other (See Rmks)
Railroad: Rail Served; Available; Other (See Rmks)
Topography: Level
Existing Structures: Residence; Other (See Rmks)
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
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 Other Loan: Not Applicable
New Financing: Cash; Conventional; SBA; Seller Approve Terms; Seller May Carry
Reports/Disclosures: None
Environmental: None
Fencing: Block

Listing Office: HomeSmart

Last Updated: September - 05 - 2018

2420 E APACHE Boulevard, 1, Tempe, AZ 85281 - MLS# 5679140

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Wednesday 26th of September 2018 12:28 PM