620 E American Ave, Oracle, AZ 85623
- Retail space
- 3,060 SF
- 0.77 lot acres
Current Use by Public Records
- Outpaw's pet grooming / Pet Grooming Service
- Oracle 24hr Fitness Center / Gym & Fitness Center
- Connie's Barber Shop / Barber Shop
- Frank C Martinez Agency Farmers / Insurance Agency
Property Details for 620 E American Ave
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 0.77 lot acres
- Property type
- Retail space
- APN
- 308-03-053D
- APU
- 30803053D
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 15, 2016 | — | Gerald J Mcguire | Van Sant,darcy J | Quit Claim Deed · related | — |
| Mar 16, 2015 | — | Van Sant Darcy J|mcguire David P | Mcguire John W | Quit Claim Deed · related | — |
| May 12, 2014 | — | Darcy J Van Sant | Mcguire John W | Quit Claim Deed · related | — |
Description
This exceptional commercial property located at 620 E American Avenue in the thriving town of Oracle, Arizona, presents a compelling investment opportunity. The 3,060 square foot building sits on a 0.77-acre lot and boasts five individual units, each with its own utilities. Unit A, a spacious 1,200 square feet, is currently leased to a local gym. Unit B and Unit C each offer 600 square feet of usable space. Unit D, measuring 300 square feet, is under a one-year lease, while Unit E, also 300 square feet, has a six-month lease in place. Three units are currently vacant, providing immediate potential for increased revenue. The property features a newer roof, evaporative cooling, and baseboard heating systems. Ample parking is available with 20 spaces. While some updates are needed in the vacant units, the utilities will be turned on for prospective buyers' inspections. The property benefits from excellent main road visibility. Please note that an extended closing escrow period may be required. This property offers a unique chance to capitalize on the growth of Oracle, Arizona. Don't miss this chance to acquire a multi-unit commercial building with significant upside potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Oracle
- County
- Pinal
- State
- Arizona
- Longitude
- -110.767
- Latitude
- 32.6108
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
