8011 E Main Street

    Mesa, AZ 85207
    • $524,000
    • STATUS: Active
    • ON SITE: 528 days
    • MLS #: 5858962
    UPDATED: 70 min ago
    $524,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,300
      SQFT
    • $99
      $/SQFT
    Type:
    Commercial
    Built:
    1966
    County:
    Area:

    School Ratings & Info

    Description

    Tenant occupied, great cash flow opportunity with an 7.5% CAP Rate. Excellent commercial property with frontage on the high traffic count Main Street/Apache Trail. This former auto repair shop has 1555 sqft of reception, waiting, office and storage plus 3800 sqft steel framed addition, 13' ceilings for warehouse/storage/auto bays etc. Warehouse is insulated, swamp cooler, 10'x12' roll up and more. Owner is including misc. existing equipment including 5 lifts, furniture and appliances.

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    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Lux Home Group at Keller Williams Realty Phoenix. Data last updated 2020-05-30T23:12:27.52.
    www.searchallhouses.com/homes/90171167

    8011 E Main Street Mesa, AZ 85207

    • Price: $524,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 5858962
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,300
    SQFT
    $99
    $/SQFT
    1966
    Built
    County:
    Maricopa
    Area:
    Mesa
    Property Description
    Tenant occupied, great cash flow opportunity with an 7.5% CAP Rate. Excellent commercial property with frontage on the high traffic count Main Street/Apache Trail. This former auto repair shop has 1555 sqft of reception, waiting, office and storage plus 3800 sqft steel framed addition, 13' ceilings for warehouse/storage/auto bays etc. Warehouse is insulated, swamp cooler, 10'x12' roll up and more. Owner is including misc. existing equipment including 5 lifts, furniture and appliances.
    Exterior Features

    Construction BlockFrame - WoodMetalTilt-Up Covered Parking Spaces 9.00 Exterior Features Building SignRoof Sign Fencing Chain LinkSecurity Freeway Highway Frontage Parking Paved ParkingPublic Parking Roofing Comp ShingleFoam Stories 1 Story Total Parking Spaces 19.00 Uncovered Parking Spaces 10.00

    Interior Features

    Amenities Computer RoomReception Room Ceiling Height 12.1 Feet To 14 Feet8 Feet Or Less Cooling Office A/CWarehouse Evap Flooring CarpetConcrete Heating ElectricOffice Heated Interior Features Alarm SystemFinishedPhone SystemPrivate RestroomsPublic RestroomsSecurity System

    Property Features

    Adjusted Gross Inc 42000.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 2200.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 5000.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialDistribution/WarehseManufacturingOffice Cross Street Main Street & Sossaman Current Use AutomobileMixed UseService BusinessWarehouse Electric 220Individual MeterSrp Gas City Gas Gross Annual Sch Inc 42000.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Drive-In Door(S) Lot Number 5 Net Operating Income 38400.00 Operating Exp 8726.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer SepticSeptic in & Cnctd Source Of Financial Data Provided By Owner Taxes 1526.00 UCB No Vacancy Allowance 0.00 Water City Franchise Zoning C-3

    Listing courtesy of Re/Max Solutions.


    © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Lux Home Group at Keller Williams Realty Phoenix. Data last updated 2020-05-30T23:12:27.52.
     
    Lux Home Group at Keller Williams Realty Phoenix
    3920 South Rural Road Suite 110
    Tempe AZ, 85282