$240,000
Coolidge, AZ 85128
MLS# 6853129
Status: Closed
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Property Description
Turnkey Office Investment Across from City Park that is 100% Occupied | 9% Cap Rate Prime opportunity to acquire a fully leased office building in the heart of Coolidge, AZ. This ±3,100 SF professional office property is situated directly across from Coolidge's main city park, offering high visibility and consistent tenant demand.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $240,000
Sold Price: $240,000
Status: Closed
List Date: 2025-04-17
Location, Tax & Legal
Unit #: 5-6-7
Assessor's Map #: 4
Legal Description (Abbrev): LOT 7 BLOCK 18 JONES ADDITION
Assessor's Parcel #: 47
Add'l Parcels: No
Tax Municipality: Coolidge
Census Tract: 1000
Taxes: 3259
Legal: LOT 7 BLOCK 18 JONES ADDITION
House Number: 345
Compass: W
Street Name: CENTRAL
St Suffix: Avenue
City/Town Code: Coolidge
State/Province: AZ
Zip Code: 85128
Zip4: 4700
County Code: Pinal
Subdivision: JONES ADDITION
Assessor Number: 205-04-047
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 3100
Ttl Apx Net Rnt Spc: 0
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 1953
Zoning: GR
Currently Not Used
Sold Price Per SqFt: 93.55
Legal Info
Range: 08E
Section: 22
Township: 05S
Lot Number: 7
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Carpet: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 33000
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 9
Equity: 300000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Source of Fincl Data
Owner: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
None: 1
Electric
APS: 1
Gas
None: 1
New Financing
Other (See Remarks): 1
Existing 3rd Loan
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-633-5599
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 1000
Seller Concession $/%: $
Remarks Misc
Cross Street: ARIZONA BLVD AND CENTRAL AVENUE
Geo Lat: 32.977345
Geo Lon: -111.520656
Status Change Info
Off Market Date: 2026-02-17
Under Contract Date: 2026-02-17
Close of Escrow Date: 2026-04-17
Sold Price: $240,000
Income Expenses
Gross Annual Sch Inc: 33000
Net Operating Income: 27000
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Fencing: Block
Parking Features: Free; Parking Lot; None
Electric: APS
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Owner
Existing 3rd Loan: Other (See Remarks)
Traffic Count: Unknown
Environmental: None
Listing Office: Realty ONE Group
Last Updated: April - 17 - 2026
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