402 W Monroe Street, Phoenix, AZ 85003 - MLS #4727759

images$3,750,000 images******** Beds

images******** Bath images65,744 sqft images1927

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Description

One of Phoenix's most historic churches built in 1927. 65,744s.f. facility on 2 acres. Large auditorium with seating capacity for 800 including balcony. Offices, Nursery, 225+/- seat Chapel, Dance Studio, Gymnasium on 3rd Floor, multiple classrooms, kitchen, dining hall. Outdoor fenced playground. Fully air conditioned. A fire sprinkler system was installed in the early 80's. Seller may consider lease purchase. Shown by appointment only to prequalified buyers. ADDITIONAL PARCELS: 112-20-096, 098, 100, 102, 104, 106

Property Features
Building Type: Other (See Remarks)
Business Type: Religious Facility
Stories: 3 - 4 Stories
Construction: Block
Roofing: Tile
Floors: Concrete; Vinyl; Wood; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 28.1 Feet or Over
Heating: Natural Gas
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers
Exterior: Corner Lot; Dual Street Ftg; Curb(s) & Gutter(s); Sidewalk(s)
Fencing: Chain Link; Security
Building Features: Public Elevator(s); Basement; Conference Room; Showroom; Cafeteria; Kitchen; Raised Floor
Parking Features: Private; Paved
Road Access Type: Alley; Dedicated Street
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Railroad: RlRd up to 1 Mile
New Financing: Cash Only; Lease Option
Source of Fincl Data: Owner
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; Concrete
Traffic Count: Unknown
Use Restrictions: Existing Easement(s)
Environmental: None
Contract Info
Current Price: $3,750,000
Sold Price: $3,750,000
Status: Closed
List Date: 2012-03-08
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: Q34
House Number: 402
Compass: W
Street Name: Monroe
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 1620
County Code: Maricopa
Assessor Number: 112-20-089-A
Tax Year: 2011
General Property Description
Type of Property: Religious
Ttl Apx SqFt Bldg: 65744
# of Buildings: 1
Lot Size Dimensions: Irregular
Year Built: 1927
Uncvrd Parking Spcs: 138
Zoning: C-3
Remarks Misc
Cross Street: W Monroe & 4th Ave
Directions: One block S. of Van Buren between 4th & 6th Ave.
Geo Lat: 33.45066
Geo Lon: -112.079573
Status Change Info
Off Market Date: 2012-06-11
Under Contract Date: 2012-06-10
Close of Escrow Date: 2012-10-01
Sold Price: $3,750,000
Legal Info
Lot Number: 2,4,6,8,10,12
Sold Info
Loan Type: Bond/IDA
Loan Years: 25
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $