2820 E BROADWAY Road, Mesa, AZ 85204

$1,300,000
Property Type: Comm/Industry Sale Square Footage: 6,656 Lot Size (sq. ft.): 46,003 Status: Closed
Current Price: $1,300,000 List Date: 5/05/2025 Last Modified: 5/30/2025

Description

ABI Multifamily is pleased to present 2820 East Broadway Road, a standalone commercial retail building in a busy East Mesa submarket with ~6,650 sq ft of space. The building offers one large room covering the majority of the sq ft, a kitchen, small office space, & two restrooms. This building is situated on a little larger than a one-acre lot with ample parking. The vaulted ceilings give a buyer many options with this space. It will be delivered vacant at close, providing a blank canvas for an owner / operator or an investor placing a tenant. Built in 1998, all components of the property are in good condition and well-maintained. This property can be operated as a turnkey solution for a business owner or tenant's needs. Many commercial uses are permitted in the current C-G zoning.

Supplements: 2820 East Broadway Road is located in an active part of East Mesa, right on the Northeast corner of East Broadway Road & South Lindsay Road with ~185 feet of frontage on East Broadway Road. The property is located ~1.5 miles to highway 60, ~5.5 miles to Loop 202, and ~9.5 miles to downtown Mesa, making this site conveniently located in close proximity to various activities in East Mesa. The owner is open to seller financing with the right buyer and is selling the property in as-is condition.

More Information MLS# 6804097

Contract Info

Ownership: Fee Simple Current Price: $1,300,000 Sold Price: $1,300,000 Status: Closed List Date: 2025-01-13

Location, Tax & Legal

Assessor's Map #: 27 Assessor's Parcel #: 22 Assessor Parcel Ltr: D Add'l Parcels: No Tax Municipality: Mesa Taxes: 7538 Legal: To be completed by Escrow company House Number: 2820 Compass: E Street Name: BROADWAY St Suffix: Road City/Town Code: Mesa State/Province: AZ Zip Code: 85204 County Code: Maricopa Assessor Number: 140-27-022-D Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 6656 # of Buildings: 1 Uncvrd Parking Spcs: 44 Flood Zone: No Year Built: 1998 Zoning: C-G

Construction

Stucco: 1 Wood Frame: 1

Roofing

Rolled: 1

Floors

Vinyl: 1 Carpet: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1

Business Type

Service Business: 1 Recreation: 1 Professional/Office: 1 Warehouse: 1 Retail: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 1600000 Total Owed: 0

Showing Notification Methods

Showing Service: Non-MLS Showing Service - See Private Remarks Text: 1 Email: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Ceiling Height

16.1 Feet to 28 Feet: 1 28.1 Feet or Over: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Fire Sprinklers: 1 Smoke Detector(s): 1 Security System: 1 Alarm System: 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

None: 1

Exterior

Building Sign: 1

Source of Fincl Data

Owner: 1 Projected Proforma: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1 2.1 - 5 Miles: 1 Access: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Paved: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Cash Only: 1 Owner May Carry: 1 1031 Exchange: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Carryback Loan Years: 3 Payment Type: Interest Only Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: NE Corner of E Broadway Rd & S Lindsay Rd Directions: Heading east on Highway 60, get off at the S Gilbert Rd exit in Mesa going north. Turn east at E Broadway Rd. Property is on the north side of E Broadway Rd just past S Lindsay Rd. Geo Lat: 33.408716 Geo Lon: -111.770157

Status Change Info

Off Market Date: 2025-05-05 Under Contract Date: 2025-02-12 Close of Escrow Date: 2025-05-28 Sold Price: $1,300,000

Legal Info

Lot Number: -

Property Features

Building Type: Commercial Business Type: Service Business; Recreation; Professional/Office; Warehouse; Retail Stories: 1 Story Construction: Stucco; Wood Frame Roofing: Rolled Floors: Vinyl; Carpet Ceiling Height: 16.1 Feet to 28 Feet; 28.1 Feet or Over Cooling: Central Air Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Smoke Detector(s); Security System; Alarm System; Private Restrooms; Public Restrooms Exterior: Building Sign Fencing: None Parking Features: Free; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Owner; Projected Proforma Existing 1st Loan: Treat as Free&Clear Environmental: None
Listing Office: ABI Multifamily
IDX
Last Updated: May - 30 - 2025
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