300 W WHITE MOUNTAIN Boulevard, Lakeside, AZ 85929 - MLS #6752921

images$4,215,000 images******** Beds

images******** Bath images22,249 sqft images2006

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Description

6.9% CAP NOI apx $295,000, stable income investment property in Pinetop- Lakeside, AZ with diverse tenants that serve the local community featuring fully leased medical, office and retail uses. Well maintained pride of ownership asset fronting Highway 260 with 3 buildings 218-300-316 West White Mnt Blvd, APN= 212-30-014C. and 212-30-031C. Buyer shall independently investigate all utilities, service, lot boundaries and all other data to verify all information for Buyer's intended use.

Property Features
Building Type: Commercial; Office
Business Type: Dental; Mixed; Medical; Professional/Office; Other
Stories: 1 Story
Construction: Wood Frame
Roofing: Composition
Floors: Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Heating: Natural Gas; See Remarks
Cooling: Central Air; Office A/C; See Remarks
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s); Security System; Security Light(s); Phone System; Private Restrooms; Public Restrooms; Other (See Remarks)
Exterior: Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s)
Fencing: None
Building Features: Conference Room; Reception Room; Kitchen; Skylight(s); Other (See Remarks)
Parking Features: Free; Parking Lot; Private
Electric: City Electric
Gas: Unisource
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Private
Road Surface Type: Asphalt; Gravel
Traffic Count: 25,001 to 35,000
Use Restrictions: Currently Leased
Environmental: Other (See Remarks)
Contract Info
Current Price: $4,215,000
Sold Price: $4,215,000
Status: Closed
List Date: 2024-09-05
Ownership: Fee Simple
Location Tax Legal
House Number: 300
Compass: W
Street Name: WHITE MOUNTAIN
St Suffix: Boulevard
City/Town Code: Lakeside
State/Province: AZ
Zip Code: 85929
Zip4: 7015
County Code: Navajo
Assessor Number: 212-30-031-C
Tax Year: 2023
General Property Description
Type of Property: Office/ Medical
Ttl Apx SqFt Bldg: 22249
# of Buildings: 3
Year Built: 2006
Uncvrd Parking Spcs: 105
Zoning: C-1
Flood Zone: No
Remarks Misc
Cross Street: White Mountain Blvd (Highway 260) and Yaeger LN
Directions: Highway frontage off the 260 in Pinetop - Lakeside
Geo Lat: 34.145349
Geo Lon: -109.957658
Status Change Info
Off Market Date: 2024-11-22
Under Contract Date: 2024-11-22
Close of Escrow Date: 2025-01-28
Sold Price: $4,215,000
Legal Info
Township: 09N
Range: 22E
Section: 25
Lot Number: 014C
Income Expenses
Gross Annual Sch Inc: 419014.32
Net Operating Income: 295500
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %