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5448 Highway

Show Low, AZ 85901
  • $6,000,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 238674
$6,000,000
  • 0
    BEDS
  • 1.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 33,152
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

Description

Outstanding investment opportunity. Aspen Ridge Medical Office Complex, located less than 1 mile from Summit Regional Medical Center in Show Low, AZ is a 33,152 sq ft two-story medical/professional office building. Classic brick exterior over steel I-beam and girder, metal stud walls and fully-sprinklered interior was constructed in 1999 by Orman Builders. An approved condominium plat, including approved CC&Rs and HOA regime is currently inactive but allows the new owner the option to sell individually parceled suites or continue to lease and operate the building as a multi-tenant single-ownership investment. The first floor includes a certified functioning 3-operatory out-patient surgery center. The second story is currentlyvacant because the seller had plans for it, but changed direction and decided to sell. Potential exists for the owner to renew current leases and lease up vacant space. The location is prime with superb visibility and frontage on Highway 260. Daily traffic count is approximately 20,000 VPD. Sitting on 1.87 acres, parking is plentiful and includes 160 spaces including 40 covered. The property is near business and retail amenities, including Solterra Senior Living, Lowes, Home Depot and Walmart.

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© 2022 White Mountain Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Brokers Intl. Data last updated: 2022-01-24T23:37:55.233.
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5448 Highway Show Low, AZ 85901

  • Price: $6,000,000
  • Status: Active
  • On Site: 48 Days
  • MLS #: 238674
0
Beds
0
Baths
0
½ Baths
1.87
Acres
33,152
SQFT
$181
$/SQFT
1999
Built
Neighborhood:
Other Areas
County:
Navajo
Area:
Lakeside
Property Description
Outstanding investment opportunity. Aspen Ridge Medical Office Complex, located less than 1 mile from Summit Regional Medical Center in Show Low, AZ is a 33,152 sq ft two-story medical/professional office building. Classic brick exterior over steel I-beam and girder, metal stud walls and fully-sprinklered interior was constructed in 1999 by Orman Builders. An approved condominium plat, including approved CC&Rs and HOA regime is currently inactive but allows the new owner the option to sell individually parceled suites or continue to lease and operate the building as a multi-tenant single-ownership investment. The first floor includes a certified functioning 3-operatory out-patient surgery center. The second story is currentlyvacant because the seller had plans for it, but changed direction and decided to sell. Potential exists for the owner to renew current leases and lease up vacant space. The location is prime with superb visibility and frontage on Highway 260. Daily traffic count is approximately 20,000 VPD. Sitting on 1.87 acres, parking is plentiful and includes 160 spaces including 40 covered. The property is near business and retail amenities, including Solterra Senior Living, Lowes, Home Depot and Walmart.
Exterior Features

Construction Brick Exterior Features Handicap AccessibleLandscapedPaved LotSprinklers Foundation Slab Roof Flat

Interior Features

Cooling Central A/C Heating Electric Interior Features ElevatorsFire SprinklersSecurity SystemSmoke/Heat Detectors

Property Features

Additional Parcel Numbers2 Yes Approx Lot Sqft 81457.00 Assessments No Assessor Number 212-84-202 Business Description See Public Remarks For Business Description. Business Type CommercialDentalFinancialHealth ServicesMedicalPhotographerProfessional/OfficeReal EstateRetail Commercial Type Building W/Land Info Available Leases Legal Section 9T9nR22e: Aspen Ridge Medical Office Condominium Unit 2 02 Per Plat 2009-8682Also Prorated Portion Of Common Areas Limited Service No List Price Sqft 180.98 Location Corner Owner Will Sell CashOther Range 84 Reo No Road Maintenance City Section 202 Short Sale No Tax Year 2021 Taxes 55639.00 Township 212 Utilities Available Electric - Master MeteredMetered WaterNavopacheOther ServiceSewer InstalledTelephone

Listing information © 2022 White Mountain Association of Realtors®.
Listing provided courtesy of Shanna Day of Keller Williams East Valley 01.



© 2022 White Mountain Association of Realtors®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Brokers Intl. Data last updated: 2022-01-24T23:37:55.233.
 
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