Property Listing No Longer Available for Sale

734 - 750 E. Main Street, Mesa, AZ

Retail for Sale - $800,000 - 9,133 Sq. Ft. on 0.66 acres


Property Info

CIMLS#973028
Location
  734 - 750 E. Main Street
  Mesa AZ 85203
UpdatedJanuary 30th, 2018
TypeRetail
Price$800,000
Building9,133 Sq. Ft.
Land0.66 acres

Property Description

Value-add, 3-tenant retail center in rapidly redeveloping Main Street Corridor, on the north side of the street and right on Light Rail. Property is anchored by Super Pawn, one of the largest pawn shops in the country. **Note: Light Rail is approved and fully funded to Gilbert Road, so there is currently construction in front of the property. Also, the City has exercised its right of eminent domain and will be taking a portion of the property along the Horne side (+/- 2,500 SF of improvements and +/- 3,400 SF of land). Sale is for the remaining property, +/- 9,133 SF of improvements on a +/- 28,571 SF parcel.

Location Description:

Located on north side of Main Street, right on Light Rail in Downtown Mesa. Property runs from Bellview on the west to Horne on the east, encompassing the entire block.

Highlights:

>> - Remodel and re-tenant, or redevelop into retail, residential or mixed-use project.

>> - Runs "block to block" (Bellview to Horne) along the north side of Main Street.

>> - City recently took a portion of the property for Light Rail, and Seller is now motivated to sell the remaining project and exchange into something else.

>> - Low price/SF for Improvements

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Financials