$14,000,000
Phoenix, AZ 85012
MLS# 1054026
Status: Closed
73196 sqft
1 / 9
Property Description
The medical building is currently configured with 86 total beds comprised of 39 double-occupancy rooms, three single-occupancy rooms and five high-acuity beds in the intensive care unit wing located on floors three and four. The facility, the property includes physical therapy rooms, surgery center with one operating room, imaging suite, administrative offices, commercial kitchen with equipment in-place and a dining hall.Formerly used as a long-term acute care (LTAC) hospital and has since gone through an extensive re-zoning process to add maximum zoning and use flexibility. The property's zoning includes the following uses, which are uses allowed by right with no special use permit required. The property also includes an extensive amount of FF&E.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 191
Comm Type: Health Care
REO/Short Sale: Not Applicable
Zoning: R-5
General Property Description
Buildings: 1
Source of Measuremnt: Owner
Stories: 4
Parking Spaces: 136
Vac Rate %: 0
CAM $: 0
GRM: 0
Total Liveable SqFt: 73196
Year Built: 1982
Tax Info
Taxes: 178311
Tax Year: 2022
Remarks & Misc
Directions: The property is located just southeast of East Indian School Road and North Central Avenue on the NWC of N 2nd Street and E Indianola Avenue.
Remarks: The medical building is currently configured with 86 total beds comprised of 39 double-occupancy rooms, three single-occupancy rooms and five high-acuity beds in the intensive care unit wing located on floors three and four. The facility, the property includes physical therapy rooms, surgery center with one operating room, imaging suite, administrative offices, commercial kitchen with equipment in-place and a dining hall.Formerly used as a long-term acute care (LTAC) hospital and has since gone through an extensive re-zoning process to add maximum zoning and use flexibility. The property's zoning includes the following uses, which are uses allowed by right with no special use permit required. The property also includes an extensive amount of FF&E.
Status Change Info
Sold Price/SqFt: 191
Financing: Conventional
Under Contract Date: 2022-08-22
Sold Date: 2023-02-03
Sold Price: $14,000,000
Building Type
Medical/Dental: 1
Construction
Block/Brick: 1
Frame - Wood: 1
Stucco: 1
Cooling
Other: 1
See Remarks: 1
External Amenities
Handicap Access: 1
Landscaped: 1
Paved Parking: 1
Security Lights: 1
Flooring
Laminate: 1
Tile: 1
Heating
Other: 1
See Remarks: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Paved: 1
Roof
Rolled/Hot Mop: 1
Bathrooms
ADA: 1
Interior: 1
Business Location
Freestanding Bldg: 1
Terms & Conditions
Lease/Purchase: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Electricity: 1
Natural Gas: 1
Security System: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Elevator(s): 1
Kitchen: 1
Other - See Remarks: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 14000000
Listing Date: 2022-06-01
Status: Closed
Listing Price: 14000000
Street #: 40
Direction: E
Street Name: Indianola
St Suffix: Avenue
City/Township: Phoenix
State: AZ
Zip Code: 85012
County: Maricopa
Tax Parcel: 118-25-005C, 022A, 023A, 024A, 025A
Property Features
Bathrooms: ADA; Interior
Building Type: Medical/Dental
Business Location: Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Block/Brick; Frame - Wood; Stucco
Cooling: Other; See Remarks
External Amenities: Handicap Access; Landscaped; Paved Parking; Security Lights
Flooring: Laminate; Tile
Heating: Other; See Remarks
Internal Amenities: Elevator(s); Kitchen; Other - See Remarks
Parking: On-Site
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop
Utilities Installed: Electricity; Natural Gas; Security System; Water - City; WWT - City Sewer
Listing Office: NON-MEMBER
Last Updated: June - 20 - 2023
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