1986 University DrTempe, AZ 85288

Property Details for 1986 University Dr

Year built

1946

Property size (Sq ft)

1,278 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This unique Tempe property presents a rare investment opportunity, encompassing 1,278 square feet on a 1-story, 1946-built building situated on an irrigated lot. Currently zoned agricultural, this versatile property offers a multitude of potential uses, including multi-family development, apartments, retail space, or restaurant establishment. Located at 1986 E University Dr, Tempe, AZ 85288, this infill land boasts a prime location near Arizona State University's Tempe campus and less than half a mile from Loop 101, placing it within a high-demand retail trade area. The property's proximity to Tempe Marketplace and ASU further enhances its desirability. The sale includes the land and a currently occupied 1,278 sq ft adobe home. Buyers are responsible for verifying all details, measurements, and information. Please note that the property is currently occupied, and occupants should not be disturbed. The asking price is $1,350,000.

Location Insight

City

Tempe

County

Maricopa

State

Arizona

Latitude

33.4487

Longitude

-111.956

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