8027 E MAIN Street, Mesa, AZ 85207 (MLS# 6362275)

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

Overview

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, ... (Read more)

Listing Details MLS# 6362275

Location, Tax & Legal

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
Country: US
County Code: Maricopa
Subdivision: DESERT SAGE TR BLKS 1, 2, 3, 4
Assessor Number: 218-32-011
Tax Year: 2021
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

Contract Info

Ownership: Fee Simple

General Property Description

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

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.

Status Change Info

Off Market Date: 2022-04-11
Under Contract Date: 2022-03-28
Close of Escrow Date: 2022-06-28

Legal Info

Lot Number: 11 and 13

More Information

Bay Info

# of Bays: 10
# of Bay Doors: 7

Income Expenses

Gross Annual Sch Inc: 951962
Net Operating Income: 679559

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 $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Tilt-Up: Yes
Metal: Yes

Roofing

Metal: Yes

Floors

Concrete: Yes

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: Yes
Other (See Remarks): Yes

Business Type

Service Business: Yes
Automobile: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Cap Rate: 50.34
Equity: 1350000
Total Owed: 0

Showing Notification Methods

Email: Yes

Lockbox Type

None: Yes

Ceiling Height

12.1 Feet to 14 Feet: Yes

Heating

Radiant: Yes
Electric: Yes

Cooling

Office A/C: Yes
Other: Yes

Interior Features

Alarm System: Yes
Phone System: Yes
Private Restrooms: Yes

Loading Facilities

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

Road Access Type

Dedicated Street: Yes

Exterior

Building Sign: Yes

Source of Fincl Data

Owner: Yes
Accountant: Yes
Tax Return: Yes

Fencing

Block: Yes
Chain Link: Yes

Water Source

City Franchise: Yes

Sewer

Septic Tank: Yes

Parking Features

Paved: Yes
Other: Yes

Electric

SRP: Yes

Gas

SW Gas: Yes

New Financing

1031 Exchange: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

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

Documents

Offering Memorandum ›

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: April - 06 - 2025