$750,000
Mesa, AZ 85201
MLS# 6952985
1 / 30
Property Description
Fully occupied retail plaza. Parking lot just resurfaced, striped and curbed, roof recently replaced and resealed, new electrical panel in the process of being installed. Septic system pumped, serviced and repaired in 8/2024.Three separate suites with one long term tenant and two month to month tenants leaving room for a value add and/or end user. Great investment opportunity!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $750,000
List Price: $750,000
Status: Active
List Date: 2025-12-01
Location, Tax & Legal
Assessor's Map #: 11
Assessor's Parcel #: 7
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Mesa
Taxes: 4331
Legal: BEG AT PT 33' N & 40' W OF SE COR NE4 SE4 NE4 TH N 128F W 135F S 128F TO POB EX E 12F RD & EX 15X15 TRI IN SE COR TH/O
Marketing Name: Retail Plaza
House Number: 1704
Compass: N
Street Name: Country Club
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
County Code: Maricopa
Assessor Number: 135-11-007-B
Tax Year: 2025
General Property Description
Type of Property: Retail Plaza1
Ttl Apx SqFt Bldg: 4621
# of Buildings: 1
Uncvrd Parking Spcs: 18
Stories: 1
# of Interior Levels: 1
Lot Size Dimensions: 120*128
Flood Zone: No
Year Built: 1961
Zoning: LC
Currently Not Used
Sold Price Per SqFt: 162.3
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Other: 1
Income & Expenses
Annual Elec Exp: 1080
Annual Ins Exp: 3152
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 8563
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 48748.08
Building Type
Commercial: 1
Business Type
Mixed: 1
Service Business: 1
Religious Facility: 1
Packge Store(Liquor): 1
Restaurant: 1
Fast Food: 1
Professional/Office: 1
Retail: 1
Bar/Tavern/Lounge: 1
Other: 1
Pmt & Rate Info
Cap Rate: 5.36
Equity: 750000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
12.1 Feet to 14 Feet: 1
Heating
Forced Air: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Phone Available: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Access Type
City Street: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Pole Sign: 1
Monument Sign: 1
Source of Fincl Data
Unknown: 1
Traffic Count
15,001 to 25,000: 1
Fencing
Block: 1
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Septic Tank: 1
Septic-In & Connected: 1
Parking Features
Parking Lot: 1
Paved: 1
Electric
SRP: 1
Other (See Remarks): 1
Gas
None: 1
New Financing
Cash Only: 1
Cash to Loan: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: Corner of N Country Club & W Ivyglen St
Directions: NW Corner
Geo Lat: 33.446195
Geo Lon: -111.840193
Legal Info
Lot Number: B
Income Expenses
Gross Annual Sch Inc: 48748.08
Net Operating Income: 40185.08
Property Features
Building Type: Commercial
Business Type: Mixed; Service Business; Religious Facility; Packge Store(Liquor); Restaurant; Fast Food; Professional/Office; Retail; Bar/Tavern/Lounge; Other
Construction: Block
Roofing: Built-Up
Floors: Other
Ceiling Height: 12.1 Feet to 14 Feet
Heating: Forced Air
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Phone Available; Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Pole Sign; Monument Sign
Fencing: Block; Chain Link
Parking Features: Parking Lot; Paved
Road Access Type: City Street
Electric: SRP; Other (See Remarks)
Gas: None
Water Source: City Franchise
Sewer: Septic Tank; Septic-In & Connected
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Showing Notification Methods: Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Unknown
Traffic Count: 15,001 to 25,000
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: December - 18 - 2025
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