40 E Indianola Avenue, Phoenix, AZ 85012
$14,000,000









Property Type:
Commercial/Indstrial
Square Footage:
73,196
Status:
Closed
Current Price:
$14,000,000
List Date:
2/14/2023
Last Modified:
6/20/2023
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.
More Information MLS# 1054026
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
General Property Description
Buildings: 1
Total Liveable SqFt: 73196
Source of Measuremnt: Owner
Stories: 4
Parking Spaces: 136
Year Built: 1982
Tax Info
Taxes: 178311
Tax Year: 2022
Status Change Info
Under Contract Date: 2022-08-22
Sold Date: 2023-02-03
Sold Price: $14,000,000
Sold Price/SqFt: 191
Financing: Conventional
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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