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    124 W 1st Street

    Mesa, AZ 85201
    • $1,400,000
    • STATUS: Active Under Contract
    • ID#: 6298344
    Under Contract
    UPDATED: 15 min ago
    $1,400,000
    • 0
      BEDS
    • 0.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,805
      SQFT
    • $499
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1912
    County:
    Area:

    School Ratings & Info

    Description

    This property is a great opportunity for Investors. Has many potential opportunities in the downtown Mesa area. Features 3 detached units - 2 Bedroom / 1 Bath 575 SQFT, 2 Bedroom / 1 Bath 927 SQFT, 1 Bedroom / 1 Bath / Loft 1303 SQFT. The .875 Acre Lot allows for potential buildout of more. The Zoning is [DB-1] Downtown Business District 1 75% [DR-2] Downtown Residence District 2 25%. Water well that has 2 - 3000 Gallon Tanks. Has ability to apply for Form Based Zoning. Near the new ASU Campus, Light Rail, Downtown Businesses and Restaurants. Located in Opportunity Zone.Great area for Multi-Family Buildout.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2021-10-28T12:13:15.077.
    www.arizonahomesearch.com/homes/121769041
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    124 W 1st Street Mesa, AZ 85201

    • Price: $1,400,000
    • Status: Active Under Contract
    • Updated: 15 min ago
    • ID#: 6298344
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.88
    Acres
    2,805
    SQFT
    $499
    $/SQFT
    1912
    Built
    Neighborhood:
    Mesa City Arizona
    County:
    Maricopa
    Area:
    Mesa
    Property Description
    This property is a great opportunity for Investors. Has many potential opportunities in the downtown Mesa area. Features 3 detached units - 2 Bedroom / 1 Bath 575 SQFT, 2 Bedroom / 1 Bath 927 SQFT, 1 Bedroom / 1 Bath / Loft 1303 SQFT. The .875 Acre Lot allows for potential buildout of more. The Zoning is [DB-1] Downtown Business District 1 75% [DR-2] Downtown Residence District 2 25%. Water well that has 2 - 3000 Gallon Tanks. Has ability to apply for Form Based Zoning. Near the new ASU Campus, Light Rail, Downtown Businesses and Restaurants. Located in Opportunity Zone.Great area for Multi-Family Buildout.
    Exterior Features

    Construction BlockStucco Covered Parking Spaces 0.00 Exterior Features Other (See Remarks) Fencing Other Freeway Highway 1.1 - 2 Miles2.1 - 5 Miles Parking Other (See Remarks)Private Parking Railroad Railroad 1 - 5 Miles Roads Asphalt Roofing Comp Shingle Stories 1 Story Total Parking Spaces 3.00 Uncovered Parking Spaces 3.00

    Interior Features

    Amenities Other (See Remarks) Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Wood Heating Natural Gas Interior Features Other (See Remarks)

    Property Features

    Adjusted Gross Inc 0.00 Building Type CommercialOther (See Remarks) Cross Street 1st Street And Center Current Use See Remarks Electric City ElectricUnderground Gas City GasUnderground Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 2 Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Unknown Taxes 3834.00 Traffic Count Unknown UCB Ucb (Under Contract-Backups) Vacancy Allowance 0.00 Water City FranchiseSee Remarks Zoning C-TcR-Tc

    Listing courtesy of Jp & Associates Realtors Vantage.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2021-10-28T12:13:15.077.
     
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    Long Realty Company
    4051 E. Sunrise Dr, Suite 101
    Tucson AZ, 85718