1902 Main St Mesa, AZ 85203
- Turn key restaurants
- 4,140 SF
- 1.33 lot acres
Current Use by Public Records
- Safeway Bakery / Bakery
- Safeway / Bakery / Butcher Shop
- Coinstar Kiosk | Bitcoin ATM / Kiosk / Atm
- Volta Charging Station / Electric Vehicle Charging Station
- Coinstar Kiosk - Bitcoin ATM / Atm / Currency Exchange Service
Property Details for 1902 Main St
- Year built
- 1975
- Lot size
- 1.33 lot acres
- Property size
- 4,140 SF
- Property type
- Turn key restaurants
- APN
- 138-04-001Q
- APU
- 13804001Q
Description
This exceptional redevelopment opportunity encompasses six parcels totaling 1.34 to 1.66 acres situated at the high-traffic intersection of East Main Street and North Gilbert Road in Mesa, Arizona. The property features a combined 419,240 square feet of net rentable space, with existing structures totaling 57,839 to 288,545 square feet, built in 1975. The site benefits from a C-3 zoning designation, allowing for a wide range of development options, including multifamily, office, medical, or mixed-use projects. The land value is $142.52 per square foot. The property's prime location offers excellent visibility and accessibility, with proximity to the Valley Metro Light Rail. This presents a unique chance to capitalize on Mesa's growth and create a thriving development in a vibrant, established area. The individual parcel numbers are 138-04-001Q, 138-04-001M, and 138-04-001L. The asking price for this significant investment is $7,995,000. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly developing area of Mesa.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.79
- Latitude
- 33.4159
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
