238 2Nd StMesa, AZ 85201
- Office properties
- 1,308 SF
Property Details for 238 2Nd St
- Year built
- 1937
- Construction
- CONCRETE
- Lot size
- 0.19 AC
- Property size (Sq ft)
- 1,308 SF
- Zone code
- DR-2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 138-57-023
- APU
- 13857023
Description
This exceptional Class A executive office suite, totaling 1,308 square feet, is ideally situated at 238 W 2nd St in Mesa, Arizona's historic downtown district. The entire space is currently vacant and ready for immediate occupancy. Located conveniently near the intersection of Country Club and Main Street, this property offers unparalleled access to a vibrant urban environment. Enjoy the benefits of a DR-2 zoned location, providing flexibility for various business uses. The suite is part of a multi-tenant building, offering a professional and collaborative atmosphere. Its prime location places it within a half-mile radius of the light rail station, ensuring easy commutes for employees and clients. Furthermore, the property's proximity to Main Street provides convenient access to a diverse range of retail shops, boutiques, restaurants, and other businesses, fostering a thriving and dynamic work environment. The asking rate is $22.00 per square foot. This is a rare opportunity to secure a highly desirable, fully vacant, Class A office space in a rapidly developing area of Mesa, Maricopa County, Arizona, with the zip code 85201. The property's size and location make it perfect for a variety of businesses seeking a prestigious and convenient address.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $414,652
- 6.5%
- $382,755
- 7%
- $355,416
-
Comparable approach
- Method
- Valuation
- Relative Method
- $295,059
- Geo Method
- $295,059
-
Alternative Use
- Use
- Valuation
- Residential
- $474,617
- Hospitality
- $434,746
- Educational
- $361,704
- Medical
- $374,143
- Retail
- $562,650
Location Insight
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4198
- Longitude
- -111.838
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].