$2,999,000
UNDER CONTRACT $1K PRICE DROP

Estimated payment $16,042/month

Total Views 2,208
-- Bed
-- Bath
9,106 Sq Ft
$329 Price per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Carpet
  • Heating Available
  • Central Air

About This Home

Tremendous opportunity to own in the heart of Tempe's Commercial district. Building currently improved for private prep school. Possibilities are endless. Multiple offices, community meeting spaces, full kitchen, screening room, barbershop, podcast space and also a sounds studio. street frontage makes this the ideal location for your new business!

Listing Agent

Lee Courtney

West USA Realty License #SA531956000 Listed on: 08/12/2025

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,437

Year Built

  • Built in 2003

Lot Details

  • 7,973 Sq Ft Lot
  • Property is zoned ccs

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 9,106 Sq Ft Home
  • Carpet

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Fairmont Business Center Condominium Amd Subdivision
  • Operating Expense $18,965

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 123-57-336

Property Details

Property Type

Other

Est. Annual Taxes

$5,437

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: Fairmont Dr. and Priest Dr.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: ccs
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 1
  • Year Built: 2003
  • Tax Year: 2024
  • Lot Size Acres: 0.18
  • Subdivision Name: FAIRMONT BUSINESS CENTER CONDOMINIUM AMD
  • Structure Type: Commercial
  • Water Source City Franchise: Yes
  • Special Features: UnderContract
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 9106.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Wood Frame, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking Features Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 7973.0
  • Parcel #: 123-57-336

Multi Family

  • Annual Operating Expense: 18965.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 5437.0
  • Tax Book Number: 123.00
  • Tax Lot: 401
  • Tax Map Number: 57.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Off Market $2,999,000 -- --
12/28/2025 12/28/25 For Sale $2,999,000 0.0% $329 / Sq Ft
11/03/2025 11/03/25 Price Changed $2,999,000 0.0% $329 / Sq Ft
08/12/2025 08/12/25 For Sale $3,000,000 -- $329 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,750,000 Pioneer Title Services
Special Warranty Deed $1,400,000 Fidelity National Title Agen
Cash Sale Deed $1,100,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $894,346 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $900,000 Small Business Administration
Previous Owner $1,084,919 Purchase Money Mortgage
Previous Owner $722,150 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6904793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-57-336