1158 Main StMesa, AZ 85203

Property Details for 1158 Main St

Year built

1961

Lot size

0.40 AC

Property size (Sq ft)

5,897 SF

Property type

Banks

APN

138-19-184B

APU

13819184B

Description

This exceptional 5,852 square foot retail property, previously a bank branch, presents a unique opportunity for reuse, repositioning, or redevelopment. Located at 1158 E Main St, Mesa, AZ 85203, this property sits on a 0.967-acre lot and is zoned LC. The sale is conducted via a modified sealed bid process and is an "as-is" transaction, without any warranties expressed or implied regarding property condition. Detailed information, including title, survey, and environmental disclosures, is available online. The property consists of four separate APNs: 138-19-184B; 138-19-181A; 138-19-179A; and 138-19-177A; 138-19-180A. Interested parties should review the complete details and submit offers according to the specified deadline. This prime location in Maricopa County offers significant potential for a variety of commercial ventures. Don't miss this chance to acquire a substantial property in a thriving Arizona market. Further details and offer submission instructions are available at the provided online resource.

• CAP approach

  CAP return

  Valuation

  6%

  $2,748,047

  6.5%

  $2,536,658

  7%

  $2,355,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,352,218

  Geo Method

  $3,352,218

• Alternative Use

  Use

  Valuation

  Residential

  $2,139,766

  Hospitality

  $1,960,014

  Educational

  $1,630,709

  Medical

  $1,686,792

  Retail

  $2,536,658

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4155

Longitude

-111.806

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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