1850 E MAIN Street, Mesa, AZ 85203

$725,000
Property Type: Comm/Industry Sale Square Footage: 1,954 Lot Size (sq. ft.): 88,035 Status: Closed
Current Price: $725,000 List Date: 2/27/2014 Last Modified: 8/06/2021

Overview

Description

Light Rail Development Opportunity, 2 acre parcel with multi family potential. Property located near future light rail line. Priced to sell at $11 square foot.

Listing Details MLS# 5076406

Location, Tax & Legal

Map Code/Grid
R39
House Number
1850
Compass
E
Street Name
MAIN
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
9022
Country
US
County Code
Maricopa
Assessor Number
138-04-005-G
Tax Year
2013
Assessor's Map #
4
Assessor's Parcel #
5
Assessor Parcel Ltr
G
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
421601
Taxes
8955.5
Legal
SW4 SE4 NE4 EX N 132.62F & EX BEG 50F N OF SW COR SE4 NE4 TH E 14

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
1954
# of Buildings
4
Year Built
1970
Zoning
GC
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Main Street & Gilbert Road
Directions
West on Main to property on North Side

Status Change Info

Off Market Date
2015-02-24
Under Contract Date
2015-01-28
Close of Escrow Date
2015-02-23

Legal Info

Township
1N
Range
5E
Section
24

More Information

Contact Info

List Agent Home Phn
602-451-3684

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Rolled
Yes

Floors

Concrete
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes

Business Type

Automobile
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
968385
Total Owed
0
Assessment Balance
0

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Finished
Yes
Private Restrooms
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Unknown
Yes

Fencing

Chain Link
Yes

Water Source

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Cash Only
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial Business Type: Automobile Stories: 1 Story Construction: Other Roofing: Rolled Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Finished; Private Restrooms Fencing: Chain Link Parking Features: Free; Paved Electric: SRP Gas: None Water Source: None Sewer: Sewer - Public New Financing: Cash Only Source of Fincl Data: Unknown Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: None
IDX
Listing Office: LRA Real Estate Group, LLC
Last Updated: August - 06 - 2021
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