903-933 E Main St Mesa, AZ 85203
32,000 SF commercial building on 1.58 acres, ideal for redevelopment.
Property size:
32,702 SFProperty Features for 903-933 E Main St
General Information
- Size
- 32,702 SF
Building Details
- Year built
- 1973
Source:
Corfac
Listing Agent: Brandon Koplin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Redevelopment Opportunity with Light Rail Frontage
This 32,000 square foot commercial building, situated on 1.58 acres, presents a redevelopment opportunity. The property is located in an area with limited land availability and features direct light rail frontage, offering visibility and access. It is suitable for mixed-use or multifamily projects. The location is near downtown Mesa's restaurants and amenities and is within an Opportunity Zone, which may provide tax incentives. The property has a parking ratio of 10/1,000. Short-term leases are in place, generating income while planning and entitlement processes are underway. The property is located in Mesa East. All leases are month-to-month, with one exception. In-place rental rates are below market averages.
Location Intelligence
Current Use by Public Records
Specialty properties
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.8113805
- Latitude
- 33.4145826
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FAQs
What type of property is this?
Specialty property - 32,000 SF commercial building on 1.58 acres, ideal for redevelopment.
Where is this specialty property located?
The property is located at 903-933 E Main St Mesa, AZ.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: - High-density redevelopment opportunity on 1.58 acres with light rail frontage.; - Located in an Opportunity Zone offering attractive tax incentives.; - Short-term leases provide income to offset holding costs during planning and entitlement.