For Sale
$1,025,000

52 Meridian Dr Apache Junction, AZ 85120

Retail, Multifamily Land Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This 1.36-acre lot in Apache Junction, Arizona, presents a unique investment opportunity. The property features a remodeled 1,144 square foot building, ideal for immediate use as an office or retail space. The building boasts recent upgrades including a new roof, upgraded AC system, new interior can lights, and a completely remodeled kitchen with quartz countertops, new appliances, sink, disposal, and backsplash. The expansive lot offers significant redevelopment potential for multifamily, commercial, or residential projects. The existing structure provides immediate income potential while the land offers long-term growth opportunities. The property also includes a gated yard, a graded lot with crushed gravel for dust control, and a 6-foot perimeter wall, enhancing security and functionality. Built in 1970, this property is priced at $1,025,000, or $895.98 per square foot, representing a compelling value in the thriving Apache Junction market. The property's location at 52 N Meridian Dr, Apache Junction, AZ 85120, offers excellent visibility and accessibility. Don't miss this chance to acquire a versatile property with immediate income and significant future upside.

Highlights

  • New roof.
  • Upgraded AC system.
  • New interior can lights.
  • Remodeled kitchen with quartz countertops, new appliances, sink, disposal, and backsplash.
  • Gated yard and graded lot with crushed gravel.
  • 6-foot perimeter wall.

Property Details for 52 Meridian Dr

Property type
Retail properties, Land
Square Feet
1,144 SF
Year Built
1970
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Apache Junction
County
Maricopa
State
Arizona
Latitude
33.4166492
Longitude
-111.5812365

FAQs

What type of property is this?
Retail property - Retail, Multifamily Land Opportunity
Where is the retail property located?
The property is located at 52 Meridian Dr Apache Junction, AZ.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: New roof.; Upgraded AC system.; New interior can lights.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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52 Meridian Dr
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