Overview

Description

FOR SALE or FOR LEASE: Retail hard corner property, 0.42 acres +/-; Assessor reports 7,048 sf building interior; access from Main St and also N Extension; currently a specialty motorcycle retail and repair business. Remodeled in 2018 with roof, electric panel/wiring, LED lighting, HVAC/coolers, paint, breakroom and restrooms. Owner runs the motorcycle shop business. Drive by, make an appointment with the Broker to tour.

Light Rail inspired development projects are pushing towards W Main St. The value and price today will be less than the price tomorrow. Make a strategic move, invest and control your future pipeline and project status.

Phoenix location characteristics

Subject Property Location
The subject property is located at 764 W Main Street in the City of Mesa, Maricopa County, Arizona. The subject property is West of the City Center and is a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is very good and in redevelopment in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along Main Street. The area is anticipated to experience growth in the foreseeable future due to its location on the light rail extension. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, which generally allows up to 5 stories in new construction along the light rail corridor. St. Benedictine, Wilkes Universities are located in the downtown area. ASU (Arizona State University) has a new campus in the City Center.

Metro Phoenix Location
The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. Phoenix is the 6th largest city in the United States and is the financial, commercial cultural, entertainment and government center of Arizona. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.


220 Amps power, City water, public sewer

Highlights

• NEC, Hard corner, 0.42 acres +/-
• Remodeled in 2018: New roof, electric panel, LED lighting, HVAC/coolers, paint, breakroom and restrooms
• Currently a Retail specialty motorcycle shop
• Zoning is Commercial General, City of Mesa
• Favorable Light Rail development standards apply
• Development is pushing West to the Tempe border
• Attractive corner parcel - linchpin to future neighborhood development

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