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501 W Live Oak Street, Miami, AZ 85539
$499,999
501 W Live Oak Street, Miami, AZ 85539View this property at 501 W Live Oak Street, Miami, AZ 85539
501 W Live Oak StreetMiamiAZ85539
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Property Description
Exceptional Investment Opportunity: This multi-tenant building encompasses about 40,000 SF of interior space in Miami, Arizona, located at 501 Live Oak, historically known as The Santa Ana Building. Owner has surrounding parcels able to be included in a sale. This presents a remarkable opportunity, especially suitable for educational institutions, particularly those focusing on mining education, catering to the needs of mining students and international mining companies consistently searching for better educated talent as the mining trade continues to advance as populations rise and technological advances. Additional proposed uses include a grocery store in one of the retail suites on the building's main level-''a much-needed amenity in the Miami area,'' - Miami's Economic Develpmt Directo Previously, The Town of Miami has certified that these properties (601, 605, 523, 511, and 501 Live Oak) are eligible for the processing, growth, and retail of agricultural marijuana, in accordance with local codes and regulations. The property is set to receive numerous upgrades: new ceiling tiles, installation of six air conditioning units, a 3-phase transformer, and stylish new glass door fronts. Furthermore, office spaces will be enhanced with elegant glass partitions, all intended to be included with the property sale. Investors can rest assured as the property has been thoroughly tested and cleared of asbestos, ensuring a safe and compliant environment. This offers a unique blend of commercial potential and educational synergy, making it an attractive investment in the heart of Miami, Arizona.
Full Property Details
Full Property Details for 501 W Live Oak St
General
- Price: $499,999
- Taxes: $7,106 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 6620478
- Updated: 3/26/2024
- Added to Site: 191 day(s) ago
Business
- Business Type: Other, See Remarks, Bar, Wholesale, Retail, Warehouse, O
Rental Information
- Complex Features: Basement, Conference Room, Exercise Room, Reception Room, Showroom, Cafeteria, Kitchen, Showers - Office, Display Window(s)
Interior
- Flooring: Carpet, Wood, Concrete
Parking
- Total Spaces: 10
- Parking Features: Paved Parking, Public Parking, Free
Location
- County: Gila
- Township: 01N
- Subdivision: MIAMI TOWNSITE
- Cross Streets: Highway 60 (AKA Live Oak) to Adonis
Heating & Cooling
- Cooling Type: Office A/C, Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Sewer-In & Connected, Private Sewer
- Water: Individual Meter
Structural Information
- # Buildings: 5
- Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
- Exterior Const.: Frame - Wood, Metal Siding, Block, Brick
- Roof: Composition, Concrete, Rolled/Hot Mop
- Square Feet: 39,635
- Living Area: 39,635 Sq. Ft.
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,152
- Lot Dimensions: IRR
- Frontage: Gravel, Asphalt, Concrete
- Zoning: C-2
Financial Considerations
- Tax Amount: $7,106
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Buyer/Broker Compensation Available: Yes
- Documents Avail.: A lead-based hazard disclosure
- Legal Description: LOTS 501 503 505 507 & 509;TRIANGULAR PIECE ON REAR OF 501-503-505 KNOWN AS LOT 505A ALL IN BLOCK 21
- Property ID: 206-19-072
- Range: 15E
- Section: 30
- Lot Number: 501
Listed by The Firm RE
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Schools
Schools serving 501 W Live Oak St
School District:Miami Unified District
Rating | Name | Grades | Distance |
---|---|---|---|
Dr. Charles A. Bejarano Elementary School
4635 B Ragus Rd, Miami, AZ 85539 | K-3 | 2.1 mi | |
4635 E. Ragus Rd, Miami, AZ 85539 | 3-5 | 2.1 mi | |
4639 E. Ragus Rd, Miami, AZ 85539 | 6-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W Live Oak St
Date
Details
Price
Change
Source
3/26/2024
Price Reduced
$499,999
-19.22%
MLS
12/20/2023
Price Reduced
$619,000
-24.51%
MLS
10/20/2023
Listed
$820,000
310%
MLS
7/13/2009
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 W Live Oak St
501 W Live Oak Street, Miami, AZ 85539 (MLS# 6620478) is a Commercial property. 501 W Live Oak Street is currently listed for $499,999 and was received on October 20, 2023. Want to learn more about 501 W Live Oak Street? Do you have questions about finding other Commercial real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.