903-933 E Main St - Storefront Retail/Office FOR SALE


Mesa, AZ 85203
$4,200,000 USD
480-214-1103
903-933 E Main St, Mesa, AZ for Sale
$4,200,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | 3.99% Cap Rate

903-933 E Main St
Mesa, AZ 85203


OVERVIEW

Mesa Matrix is a functioning retail plaza and a potential industrial / warehouse conversion property. This retail shopping plaza has light rail frontage and is located in a designated Opportunity Zone along Main Street near the booming Downtown Mesa city center which makes it ripe for redevelopment and strongly in the path of progress. The subject property has front and rear yard area and 11 ft clear height ceilings, 100% HVAC, front and rear doors. With some very minor improvements, like adding rollup doors, the subject property could be a multi tenant small bay warehouse facility. Additionally, the subject property has 7300sf of vacancy which could be used for an owner user, and other month to month leases at below market rents. Ideal property for an owner user of retail or warehouse needs. Current zoning is LC city of Mesa- which allows uses including: maintenance and repair services, minor automobile service and repair, commercial recreation, general market, large commercial development, retail sales, tattoo, indoor collection facility, and other retail and office uses.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

3.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

LC

APN/PARCEL ID

138-18-066C,138-18-068A

ASK ABOUT THIS PROPERTY

Brandon KoplinCommercial Properties, Inc.More Info
480-214-1103

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Brandon KoplinCommercial Properties, Inc.More Info
480-214-1103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.