8027 E MAIN Street, Mesa, AZ 85207

$1,200,000
Property Type: Comm/Industry Sale Square Footage: 5,200 Lot Size (sq. ft.): 18,000 Status: Closed
Current Price: $1,200,000 List Date: 3/04/2022 Last Modified: 4/06/2025

Description

EAST MESA AUTO is a family owned and operated business that has successfully serviced the Phoenix Metro Market for 35 years from the time that many car owners serviced their own vehicles and, now, when complexity of systems require professional attention. The ownership currently employs seven full time and one part time employee(s). The business sustains a local customers base as well as servicing contracts that include()s Arizona highway patrol, BPR contracting and electrical, and a few smaller contractors that pay invoices timely. Includes real estate as well as the business., furniture, fixtures, some tools and equipment. Inventory is separate and is typically at $4,000 to $6,000. There are currently 10 bays, 7 bay doors and 9 lifts within the

Supplements: The property is located in Maricopa County within the metropolitan Phoenix-Mesa area and, more specifically, in East Mesa. The subject location along Apache Trail or Main Street in Mesa just est o Power Road is considered to be a good located for a retail or commercial building with it excellent visibility and access from Main Street. Generally, the immediate area of the subject is best identified as being a mature business retail area. Retail/service retail buildings are located along Main Street and corners of the major arterial intersections. The remaining of the interior of the area within the neighborhood consists of multi- family and single-family dwellings. The subject is a retail metal building built around the early 70's with a location on the south side of Main Street AKA Apache Trail in Mesa, Arizona. It consists of single 2,350 square foot metal building and 2,348 enclosed work bays. There is also 450 square feet of storage. Together these structures total 5,150 of covered work area. The building has with 5-12 x 12 roll-up doors and a metal pedestrian door. Located within the building is an 864 square foot- 2 story office area. Power is provided by SRP with a 240 volt/200 AMP service. There are 9 parking spaces located along the outside of the fenced yard and in front of the building. A side storage yard is also part of the subject. The improvements are located on two lot totaling 18,000 square feet. There is 120 feet of frontage along E Apache Trail/East Main street. Visibility is good with good access from the east bound traffic.

More Information MLS# 6362275

Contract Info

Ownership: Fee Simple Current Price: $1,200,000 Sold Price: $1,200,000 Status: Closed List Date: 2022-03-01

Location, Tax & Legal

Assessor's Map #: 32 Legal Description (Abbrev): LOT 11 BLOCK 1 DESERT SAGE TR BLKS 1, 2, 3, 4 MCR 003805 Assessor's Parcel #: 11 Add'l Parcels: No Tax Municipality: Mesa Census Tract: 422627 Taxes: 3315 Legal: LOT 11 and 13 BLOCK 1 DESERT SAGE TR BLKS 1, 2, 3, 4 MCR 003805 Marketing Name: East Mesa Auto Map Code/Grid: R42 House Number: 8027 Compass: E Street Name: MAIN St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85207 Zip4: 8503 County Code: Maricopa Subdivision: DESERT SAGE TR BLKS 1, 2, 3, 4 Assessor Number: 218-32-011 Tax Year: 2021

General Property Description

Ttl Apx SqFt Bldg: 5200 # of Buildings: 1 Uncvrd Parking Spcs: 29 Year Built: 1970 Zoning: C-G General Com

Construction

Tilt-Up: 1 Metal: 1

Roofing

Metal: 1

Floors

Concrete: 1

Bay Info

# of Bays: 10 # of Bay Doors: 7

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 3315 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 951962

Building Type

Commercial: 1 Other (See Remarks): 1

Business Type

Service Business: 1 Automobile: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 50.34 Equity: 1350000 Total Owed: 0

Showing Notification Methods

Email: 1

Lockbox Type

None: 1

Ceiling Height

12.1 Feet to 14 Feet: 1

Heating

Radiant: 1 Electric: 1

Cooling

Office A/C: 1 Other: 1

Interior Features

Alarm System: 1 Phone System: 1 Private Restrooms: 1

Loading Facilities

Grade Level: 1 Drive-in Door(s): 1 Other (See Remarks): 1

Road Access Type

Dedicated Street: 1

Exterior

Building Sign: 1

Source of Fincl Data

Owner: 1 Accountant: 1 Tax Return: 1

Fencing

Block: 1 Chain Link: 1

Water Source

City Franchise: 1

Sewer

Septic Tank: 1

Parking Features

Paved: 1 Other: 1

Electric

SRP: 1

Gas

SW Gas: 1

New Financing

1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-266-6898

Sold Info

Loan Type: Other Loan Years: 25 Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Power and Main Directions: The property is located in East Mesa along Apache Trail or Main Street just East of Power Road. Geo Lat: 33.414794 Geo Lon: -111.657346

Status Change Info

Off Market Date: 2022-04-11 Under Contract Date: 2022-03-28 Close of Escrow Date: 2022-06-28 Sold Price: $1,200,000

Legal Info

Lot Number: 11 and 13

Income Expenses

Gross Annual Sch Inc: 951962 Net Operating Income: 679559

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Service Business; Automobile Stories: 1 Story Construction: Tilt-Up; Metal Roofing: Metal Floors: Concrete Ceiling Height: 12.1 Feet to 14 Feet Heating: Radiant Cooling: Office A/C; Other Loading Facilities: Grade Level; Drive-in Door(s); Other (See Remarks) Interior Features: Alarm System; Phone System; Private Restrooms Exterior: Building Sign Fencing: Block; Chain Link Parking Features: Paved; Other Road Access Type: Dedicated Street Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Septic Tank New Financing: 1031 Exchange Showing Notification Methods: Email Lockbox Type: None Source of Fincl Data: Owner; Accountant; Tax Return Environmental: None
Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: April - 06 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.