NOT LISTED FOR SALE

Estimated Value: $545,215

Studio
-- Bath
2,071 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $550,000 $266 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,101/month

340 Days on Market

Highlights

  • Community Kitchen
  • Ceramic Tile Flooring
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A
  • Central Air

About This Home

As of November 2024

Fantastic Business Opportunity! This Tri-Level-3 story office building located at 2706 E MAIN ST, Mesa, AZ 85213 is the perfect investment for entrepreneurs looking to start or expand their business. With a total building size of 2,071 sqft and a land size of 10,368 sqft, this property offers plenty of space to accommodate your needs. The property is currently being used as a counseling office but has the potential for multiple income streams. It has previously housed a defensive driving school and even served as an event space. The backyard is equipped for musical performances, cooking, and catering. Additionally, there is a fully functioning Food Prep Kitchen with stainless steel prep space on the basement floor. An ADA compliant bathroom is also available. With a zoning classification C-G/GC (General Commercial), there are endless possibilities for business ventures. Take advantage of the convenient location near Lindsay & Main St and start your business today! Don't miss out on this incredible opportunity. Contact the listing agent for more information. Additional furniture and items are available for purchase separately.

Last Agent to Sell the Property

Phyllis Ann Benson

ProSmart Realty License #BR107059000 Listed on: 10/26/2023

ProSmart Realty

Last Buyer's Agent

Jose Carreon

Balboa Realty, LLC License #SA687310000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1968

Lot Details

  • 10,368 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-G/GC

Home Design

  • 2,071 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 140-70-080-K

Community Details

Overview

  • Building Dimensions are 160' x 64'
  • Lyn Rae Park Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $3,378

Property Details

Property Type

Other

Est. Annual Taxes

$3,378

Year Built

Built in 1968

Lot Details

10,368 Sq Ft Lot

Listing Details

  • Cross Street: Lindsay & Main St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G/GC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2023
  • Lot Size Acres: 0.24
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: LYN RAE PARK
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2071.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Block
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size: 160' x 64'
  • Lot Size Sq Ft: 10368.0
  • Parcel #: 140-70-080-K
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3378.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3378.0
  • Tax Book Number: 140.00
  • Tax Lot: 0
  • Tax Map Number: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Nov 1, 2024
Sold by
Parham Maria
Bought by
Propiedades De Inversion Arizona Llc
Seller's Agent
Phyllis Ann Benson
ProSmart Realty
Buyer's Agent
Jose Carreon
Balboa Realty, LLC
List Price
$630,000
Sold Price
$550,000
Premium/Discount to List
-$80,000
-12.7%
Views
97
Current Estimated Value
$545,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,785
Avg. Annual Appreciation
-0.64%
Original Mortgage
$500,000
Outstanding Balance
$370,108
Interest Rate
6.08%
Mortgage Type
Seller Take Back
Estimated Equity
$175,107

Purchase Details

Closed on
May 27, 2009
Sold by
Parham Joseph and Parham Maria
Bought by
Parham Joseph and Parham Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2003
Sold by
Parham Joseph
Bought by
Parham Joseph and Quezada Maria L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Propiedades De Inversion Arizona Llc $550,000 Title Services Of The Valley
Parham Joseph -- Precision Title Agency Inc
Parham Joseph -- First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Propiedades De Inversion Arizona Llc $500,000
Previous Owner Parham Joseph $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2024 11/06/24 Sold $550,000 -8.3% $266 / Sq Ft
07/26/2024 07/26/24 Price Changed $599,999 -4.8% $290 / Sq Ft
10/27/2023 10/27/23 For Sale $630,000 -- $304 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,170 $32,127 -- --
2024 $3,378 $31,554 -- --
2023 $3,378 $39,151 $18,530 $20,621
2022 $3,405 $42,946 $19,373 $23,573
2021 $3,546 $38,700 $19,926 $18,774
2020 $3,499 $40,860 $17,118 $23,742
2019 $3,269 $29,304 $15,894 $13,410
2018 $3,138 $29,898 $12,402 $17,496
2017 $3,044 $25,056 $11,484 $13,572
2016 $2,988 $33,678 $10,260 $23,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6623169

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-70-080K

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