$1,500,000
Mesa, AZ 85203
MLS# 6148982
Status: Closed
1 / 3
Property Description
100% leased. New road improvements in front of building on Main Street with Light Rail. Additional area for more parking. Roof Mounted A/C Unites for each Suite.
Details
Maps
Contract Info
Current Price: $1,500,000
Sold Price: $1,500,000
Status: Closed
List Date: 2020-10-19
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R40
House Number: 1410
Compass: E
Street Name: Main Street
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Country: USA
County Code: Maricopa
Assessor's Map #: 5
Assessor's Parcel #: 146
Assessor Parcel Ltr: N
Add'l Parcels: No
Assessor Number: 138-05-146-N
Legal: To be supplied in Escrow by Title Company.
Tax Municipality: Mesa
Taxes: 21030.8
Tax Year: 2019
Marketing Name: Main Street Building
General Property Description
Ttl Apx SqFt Bldg: 40233
# of Buildings: 1
Year Built: 1965
Uncvrd Parking Spcs: 88
Zoning: GC
Remarks & Misc
Cross Street: E. Main Street and N. Lazona Drive
Directions: 1410 - 1422 E. Main Street
Geo Lat: 33.415611
Geo Lon: -111.80051
Status Change Info
Status Change Date: 2021-07-01
Off Market Date: 2021-07-01
Under Contract Date: 2021-05-04
Close of Escrow Date: 2021-06-30
Sold Price: $1,500,000
Legal Info
Lot Number: -
Income & Expenses
Annual Ins Exp: 16059.98
Annual Maint Exp: 12000
Owner Association: No
Gross Annual Sch Inc: 215317.56
Adjusted Gross Inc: 215317.56
Net Operating Income: 166226.78
Pmt & Rate Info
Equity: 2000000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Retail
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Vinyl
Ceiling Height: 16.1 Feet to 28 Feet
Heating: 2 or More Units
Cooling: Other; See Remarks
Loading Facilities: Grade Level
Interior: Finished; Fire Sprinklers; Smoke Detector(s)
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Building Sign; Monument Sign
Fencing: None
Amenities: Kitchen
Parking: Free; None
Electric: SRP
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Reports/Disclosures: None
Use Restrictions: Currently Leased
Environmental: None
Listing Office: Kax Group, L.L.C.
Last Updated: August - 06 - 2021
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