1829 Main StMesa, AZ 85203

  • Other commercial real estate
  • 0.92 AC
For Sale
$875,000 View listing

Property Details for 1829 Main St

Lot size
0.92 AC
Property type
Other commercial real estate
APN
138-03-053A
APU
13803053A

Description

This exceptional 1,000 square foot storefront property, situated on a 1.23-acre lot in Mesa, Arizona (APN: 138-03-052E, -053A), presents a compelling investment opportunity. Currently operating as Home Run Stadium Batting Cages, this established business boasts 100% occupancy and offers significant potential for growth under new ownership. The property features a 1,000 square foot clubhouse/office space and 15 batting cages. Its strategic location on East Main Street in Mesa, AZ 85203, benefits from high visibility and abundant parking, further enhanced by a nearby park-and-ride and a light-rail station across the street. The property includes a large monument sign and 400-amp electrical service. Zoned C-3 (General Commercial), this versatile property allows for a wide range of commercial uses, including but not limited to automotive services, retail, office space, and light industrial applications. The asking price of $875,000 represents a compelling land value proposition, with the existing business included. Built in 1986, this single-story building offers a unique chance to capitalize on an established business or to repurpose the property to suit a variety of commercial ventures. The property's prime location and flexible zoning make it an ideal investment for those seeking high-growth potential and diverse operational possibilities. The land value alone is $16.33 per square foot.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,546,928
    Hospitality
    $13,324,908
    Educational
    $11,086,167
    Medical
    $11,467,437
    Retail
    $17,245,148
1829 Main St, Mesa, Arizona

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4148
Longitude
-111.792
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,481
-
-
$49,319
-
$298,900
-
$298,900

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