1829 Main StMesa, AZ 85203
- Other commercial real estate
- 0.92 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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