903-933 Main St, Mesa, AZ 85203
32,702 SF | 78% Leased | Retail Building | Mesa, AZ 85203 | $4,200,000 ($128/SF) | 3.99% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,200,000
- Property Type
-
Retail
- Square Feet
- 32,702 SF
- Price / Square Foot
- $128
Listing Contacts
Brandon Koplin
Verified Profile
- Property Info
Property Overview
Mesa Matrix is a functioning retail plaza and a potential industrial / warehouse conversion property. This retail shopping plaza has light rail frontage and is located in a designated Opportunity Zone along Main Street near the booming Downtown Mesa city center which makes it ripe for redevelopment and strongly in the path of progress. The subject property has front and rear yard area and 11 ft clear height ceilings, 100% HVAC, front and rear doors. With some very minor improvements, like adding rollup doors, the subject property could be a multi tenant small bay warehouse facility. Additionally, the subject property has 7300sf of vacancy which could be used for an owner user, and other month to month leases at below market rents. Ideal property for an owner user of retail or warehouse needs. Current zoning is LC city of Mesa- which allows uses including: maintenance and repair services, minor automobile service and repair, commercial recreation, general market, large commercial development, retail sales, tattoo, indoor collection facility, and other retail and office uses.
Property Details
- Class
- C
- Year Built
- 1973
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Storefront, Loft/Creative Space
- Lot Size (sq. ft)
- 68,825 SF
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