1986 E University Drive

    Tempe, AZ 85281
    • $2,278,800
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 5976041
    UPDATED: 61 min ago
    $2,278,800
    • 0
      BEDS
    • 0.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,278
      SQFT
    • $1,783
      $/SQFT
    Type:
    Commercial
    Built:
    1946
    County:
    Area:

    School Ratings & Info

    Description

    Perfect infill location for mixed use development including multi-family units, restaurant, entertainment etc. Situated nearArizona State University's large Tempe campus amid dining and entertainment and less than a mile from the Loop 101. This approximately 1.5 acre site is in a high demand rental area. The site holds a well-maintained 1,278 SF residence which includes an original adobe structure dating from the 1800's. Creative use of the special character of this unique property would make this a destination. Located in Qualified Opportunity Zone. 40,000 vehicles pass site daily.

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    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2019-10-17T00:11:04.493.
    www.melindamurphy.com/homes/98783472

    1986 E University Drive Tempe, AZ 85281

    • Price: $2,278,800
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 5976041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.49
    Acres
    1,278
    SQFT
    $1,783
    $/SQFT
    1946
    Built
    Neighborhood:
    Also Parcels 132-39-002D,F,L,M,N,P And Q Available
    County:
    Maricopa
    Area:
    Tempe
    Property Description
    Perfect infill location for mixed use development including multi-family units, restaurant, entertainment etc. Situated nearArizona State University's large Tempe campus amid dining and entertainment and less than a mile from the Loop 101. This approximately 1.5 acre site is in a high demand rental area. The site holds a well-maintained 1,278 SF residence which includes an original adobe structure dating from the 1800's. Creative use of the special character of this unique property would make this a destination. Located in Qualified Opportunity Zone. 40,000 vehicles pass site daily.
    Exterior Features

    Construction BlockWood/FrameOther (See Remarks)Stucco Covered Parking Spaces 0.00 Fencing Other (See Remarks) Parking FencedFreePrivate Parking Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 10.00 Uncovered Parking Spaces 10.00

    Interior Features

    Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic Tile Heating Other (See Remarks) Interior Features Finished

    Property Features

    Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Other (See Remarks) Cross Street University Drive & Smith Rd Current Use Other (See Remarks) Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number - Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 1261.00 Vacancy Allowance 0.00 Water Other (See Remarks) Zoning Ag

    Listing courtesy of Keller Williams Realty East Valley.


    © 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Keller Williams Biltmore Partners - Lifestyle Partners Team. Data last updated 2019-10-17T00:11:04.493.
     
    Keller Williams Biltmore Partners - Lifestyle Partners Team
    2920 E Camelback Rd
    Phoenix AZ, 85016