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$4,700,000
3101 E Shea Blvd, Phoenix, AZ 85028
0 Beds
0 Baths
23,652 SqFt

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This is your opportunity to own a beautifully updated and maintained medical building! Start your own practice or purchase as an investment to take advantage of everything happening in the Paradise Valley submarket. Located in a qualified opportunity zone, this property has so many upgrades! Newer roof, fully owned solar panels, professional landscaping, new parking lot asphalt and grading, full fiber optics installed, interior renovation and ADA compliant parking and bathrooms. The option to make a surgical center on the property is there. The owner had room and had drawings created for a full surgical center.This is conveniently located near major intersections of Shea and Hwy 51, 15 minutes from Sky Harbor and about 30 minutes from four private airports.
  • Price:
  • $4,700,000
  • Square Footage:
  • 23,652
  • Acreage:
  • 1.98
  • Year Built:
  • 1974
  • Listing ID #:
  • 6369538
  • Street Address:
  • 3101 E Shea Blvd
  • City:
  • Phoenix
  • State:
  • Arizona
  • Postal Code:
  • 85028
  • County:
  • Maricopa
  • Subdivision:
  • Valley View Villas
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Amenities:
  • Conference Room, Fiber Optic Availble, Freight Elevator(s), Reception Room
  • Ceiling Height:
  • 14.1 Feet To 16 Feet
  • Construction Description:
  • Stucco
  • Dwelling Type:
  • Commercial
  • Exterior Features:
  • Building Sign, Corner Lot, Dual Street Ftg, Landscaping, Monument Sign
  • Flooring:
  • Ceramic Tile, Concrete
  • Interior Features:
  • Finished, Unfinished
  • Stories:
  • 2 Stories
  • Total Building Square Footage:
  • 23652
  • Type Of Roof:
  • Rolled
  • Year Built:
  • 1974
  • Adjusted Gross Income:
  • 507310.52
  • Annual Electric Expenses:
  • 36413.08
  • Annual Insurance Expenses:
  • 4078.49
  • Annual Landscape Expenses:
  • 9740.00
  • Annual Legal & Accounting Expenses:
  • 366.00
  • Annual Maintenance Expenses:
  • 7684.72
  • Annual Management Expenses:
  • 9699.79
  • Annual Trash Expenses:
  • 2350.02
  • Annual Water/Sewer Expenses:
  • 5200.27
  • Net Operating Income:
  • 485978.01
  • Conforms To Zoning:
  • C-O
  • Existing Land Use:
  • Medical/Dental, Office
  • Federal Flood Zone:
  • Tbd
  • Lot Square Footage:
  • 86221.00
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $24,193
  • Covered Parking Spaces:
  • 87.00
  • Fence:
  • See Remarks
  • Parking Description:
  • Free, Parking Structure, Paved Parking
  • Parking Spaces:
  • 145.00
  • Uncovered Parking Spaces:
  • 58.00
  • Cooling System:
  • Central A/C
  • Electricity:
  • City Electric, Solar
  • Existing Water:
  • City Franchise, Master Meter
  • Heating:
  • Solar
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listings Provided by My Home Group Real Estate
  • ARMLS

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