724 W Main Street, Mesa, AZ 85201 (MLS# 6433385)

724 W Main Street, Mesa, AZ 85201

$730,000

Property Type: Comm/Industry Sale Square Footage: 2,647 Lot Size (sq. ft.): 22,400 Status: Closed

Current Price: $730,000 List Date: 7/13/2022 Last Modified: 4/22/2023

Overview

Description

Opportunity zone. Both Residential and Commercial possibilities! C-3 Zoning with Residential use grandfathered in. Historic 2-story 1915 Craftsman Bungalow on 22,400 SF lot directly on Main St borders Light Rail route. 6 bed & 2 bath, 200 amp single-phase on main house & 3 Phase 400 amp service available on property. Large backyard is great for entertaining and plenty parking spaces. Upgrades include newer sewer line to street, new 1- inch water main from street, new A/C and heat pump upstairs, downstairs has newer separate gas furnace & A/C, newer natural gas water heater. 8x8x16 block wall & security gate. Many possible uses: medical, attorney, restaurant, Bed & Breakfast, reception center, multifamily, or commercial retail

Listing Details MLS# 6433385

Location, Tax & Legal

Map Code/Grid: R38
House Number: 724
Compass: W
Street Name: Main
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 7207
Country: US
County Code: Maricopa
Assessor Number: 135-57-030
Tax Year: 1499
Assessor's Map #: 57
Assessor's Parcel #: 30
Add'l Parcels: Yes
Tax Municipality: Mesa
Taxes: 2021
Legal: MESA PT BLK 69 E 80' OF W 413' EX S 17'

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 2647
# of Buildings: Yes
Year Built: 1915
Volts/Amps: 200/400
Uncvrd Parking Spcs: 6
Zoning: C-3

Remarks Misc

Cross Street: Main and Extension
Directions: East on Main to property on the North side of the road.

Status Change Info

Off Market Date: 2023-03-13
Under Contract Date: 2023-03-06
Close of Escrow Date: 2023-03-22

Legal Info

Township: 1N
Range: 5E
Section: 21
Lot Number: -

More Information

Contact Info

List Agent Home Phn: 602-451-3684

Sold Info

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

Construction

Stucco: Yes
Wood Frame: Yes

Roofing

Metal: Yes

Floors

Vinyl: Yes
Wood: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2021
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes

Business Type

Other: Yes

Stories

2 Stories: Yes

Pmt & Rate Info

Equity: 750000
Total Owed: 0

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Natural Gas: Yes

Cooling

Central Air: Yes

Interior Features

Finished: Yes

Loading Facilities

None: Yes

Source of Fincl Data

Owner: Yes

Fencing

Block: Yes
Wood: Yes
Chain Link: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
Private: Yes

Electric

SRP: Yes

Gas

City Gas: Yes

New Financing

Cash Only: Yes
Cash to Loan: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Use Restrictions

Deed Restrictions: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial Business Type: Other Stories: 2 Stories Construction: Stucco; Wood Frame Roofing: Metal Floors: Vinyl; Wood Ceiling Height: 8.1 Feet to 10 Feet Heating: Natural Gas Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: Block; Wood; Chain Link Parking Features: Free; Private Electric: SRP Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Use Restrictions: Deed Restrictions Environmental: None

Listing Office: LRA Real Estate Group, LLC

Last Updated: April - 22 - 2023