2304 N CORTEZ Road Unit 2 $6,000,000

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    2304 N CORTEZ Road Unit 2 Apache Junction, AZ 85119

    • 4,661 sq. ft.
    • Commercial Sale
    • MLS# 6243545
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    Views: 72 Days On Site: 56

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    Property Details

    3 Businesses situated on over 7.5 acres of land, with street frontage on one of the busiest Highways in Arizona. 2 restaurants & a storage lot. The Restaurants are on a private well & the home is on Arizona Water. Front Patio Dining as well as Back Patio Dining. Back patio has a bar. Panoramic Views from both Patios. These Restaurants are busy year round, by locals & tourists. The property has 3 different street frontages one of them being a Highway. This is your opportunity to own this spectacular property. PLEASE DO NOT DISTURB THE OCCUPANTS!

    • General Features
      • Building Type Commercial
      • Cooling Central A/C,Warehouse Evap
      • County Pinal
      • Covered Parking Spaces 0.00
      • Cross Street N Apache Trail & Lost Dutchman Blvd
      • Directions US 60 East to Idaho Rd, North on Idaho to North Apache Trail, North on Apache Trail (Highway 88) to Lost Dutchman, Property is on the eastside of the road.
      • Electric SRP
      • Fencing Chain Link
      • Gas None
      • Heating Electric
      • Parking Fenced,Free
      • Roofing Built-Up
      • Sewer Septic in & Cnctd
      • Taxes $15,163
      • Total Approx Building SqFt 4,661
      • Total Approx Land SqFt 328,355
      • Uncovered Parking Spaces 100.00
      • Unit Number 2
      • Water Domestic Well
      • Year Built 1992
      • Zoning B1
    • Building Features
      • Construction Block
      • Ceiling Height 14.1 Feet to 16 Feet
      • Stories 1 Story
      • Interior Finished
      • Exterior Building Sign,Corner Lot,Dual Street Ftg,Monument Sign
      • Floors Concrete
    • Property Features
      • Total Parking Space 100.00
      • Legal Info: Lot Number 2
      • Legal Info: Township 15
      • Legal Info: Range 08E
      • Ownership Fee Simple
      • Income & Expenses: Net Operating Income 1600000.00
      • Income & Expenses: Gross Annual Sch Inc 1600000.00
      • Income & Expenses: Adjusted Gross Inc 1920000.00

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    Neighborhood

    85119 (Apache Junction) Demographics

    57 Median Age
    483 Population Density (per sq. mile)
    25% College Educated
    $45,762 Estimated Median Income
    7,624 Estimated Total Home Owners
    2,289 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    21,271 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    40 New On Market

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      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $6,000,000
        5/30/2021 1:26:00 PM New in Database Source: Multiple Listing Service New Value: $6,000,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 7/25/2021 3:11:06 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.