$3,000,000
Fountain Hills, AZ 85268
MLS# 6725969
1 / 3
Open House (07/16/2024 - 2:00 pm - 3:00 pm)
Property Description
Exceptional mixed-use building! At the intersection of views and most peaceful setting in the entire valley. Your dream of owning a sports bar, high-end restaurant, real estate office, art gallery, medical facility, or any other venture, this luxurious building presents a unique opportunity. Inside, you'll find a spacious interior with ample seating areas; the kitchen formerly catered to 60% food 40% liquor under C-1 permit use. The overall atmosphere of this establishment is truly spectacular, designed to create a memorable experience for your patrons. One of the standout features is the expansive terrace that provides breathtaking views of the entire valley, stretching for miles. A second story can be added, the outdoor space alone adds immense appeal and potential to ....
Details
Maps
Contract Information
Current Price: $3,000,000
List Price: $3,000,000
Status: Active
List Date: 2024-07-01
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
House Number: 14815
Compass: E
Street Name: Shea
St Suffix: Boulevard
Lot #: 4
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Country: USA
County Code: Maricopa
Assessor's Map #: 72
Assessor's Parcel #: 98
Add'l Parcels: No
Assessor Number: 217-72-098
Subdivision: EAGLE MOUNTAIN VILLAGE MARKETPLACE
Tax Municipality: Fountain Hills
Taxes: 11471
Tax Year: 2023
General Property Description
Apx Total Acres: 1.1
Apx Total Acres G/N: G
Price Per Acre: 2727272.73
# Lots in Listing: 1
Apx SqFt: 47932
Price Per SqFt: 62.59
Apx SqFt G/N: G
Lot Size Dimensions: 260x200
Horses: N
Street Frontage: 200
Zoning: c1
Remarks & Misc
Cross Street: Shea Blvd and Eagle Mountain Pkwy
Directions: From Shea Blvd, S on Eagle Mountain Pkwy into the Parking Lot where the Views are.
Geo Lat: 33.578189
Geo Lon: -111.761668
Status Change Info
Status Change Date: 2024-07-14
Legal Info
Lot Number: 4
Pmt & Rate Info
Equity: 3000000
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 500
HOA Fee: 297
HOA Paid (Freq): Quarterly
HOA Name: Eagle Mtn HOA
HOA Telephone: 480-555-1212
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot; Commercial Lot
Zoned Presently: Existing P.A.D.; Office; Shopping/Retail Cntr; Special Use Permit
Potential Use: Multi-Family; Commercial; Office; Retail; Pad Site; P.A.D.
Parcel Size: 1.00 - 2.49 Acres
Current Density: 02 - 05 Units P/Acre
Proposed Density: 06 - 10 Units P/Acre
Development Status: On Site Imp Cmplete; See Remarks
Land Features: Waterfront; Golf Course Lot; Golf Course Subd; Corner Lot; Dual Street Ftg; City Light View(s); Mountain View(s); North/South Exp; Border Common Area; Borders Pres/Pub Lnd; Greenbelt
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Low Desert; See Remarks
Land Configuration: Square Rectangular; Interior; Intersection
Roads/Streets: Asphalt; Dedicated Street; Private Street; Concrete; Curb(s) & Gutter(s); Sidewalk(s)
Road Responsibility: City Maintained Road; Private Maintained Road
Traffic Count: 15,001 to 25,000
Freeway/Highway: Frontage
Topography: Level
Existing Structures: Garage(s); Warehouse
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: Within 1/2 Mile
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Conventional
Existing 1st Ln Trms: Assume-Qualify; Interest Only
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; Seller May Carry; Wrap; Owner May Lease Land; 1031 Exchange; Trade
Seller May Carry (SMC) Payment: Monthly
Use Restrictions: C.C. & R's
Reports/Disclosures: None
Environmental: None
Showing Notification Methods: Text
Lockbox Type: None
Supplements
the property making it an ideal setting for various events and gatherings.
Surrounded by stunning mountain and golf course views, this property is poised to become a new favorite destination for both locals and travelers alike. Don't miss out on this incredible over an acre, expandable mixed use opportunity or NYC STYLE WORK/LIVE CONDOMINIUM.
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: July - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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