$1,400,000
$1,400,000
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0.71 Acres Lot
SOLD DATE : 07/05/2023
Key Details
Sold Price $1,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6528427
Sold Date 07/05/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1983
Annual Tax Amount $11,158
Tax Year 2022
Lot Size 0.705 Acres
Acres 0.71
Property Description
ORION is pleased to offer 40 West Brown, a multi-tenant office building located near the heart of downtown Mesa and the nearby redevelopment. Current ownership is the original developer from 1983. Pride of ownership is evident from the well maintained grounds and long-term tenants. This office is unique with spacious, vaulted ceilings, plenty of foliage, and room for expansion on adjacent land. This is an opportunity to own a well built masonry construction office building with vast upside. Significant value can be added through interior renovations, increased rents, and conversion to NNN leases.
Location
State AZ
County Maricopa
Zoning OC
Interior
Heating Electric
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Vinyl
Exterior
Garage Paved Parking, Public Parking, Free
Fence None
Waterfront No
Roof Type Composition
Present Use Office
Parking Type Paved Parking, Public Parking, Free
Total Parking Spaces 9
Building
Sewer Public Sewer
Water City Franchise
Others
Senior Community No
Tax ID 137-20-001-F
Financing SBA
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Bought with Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "