1204 E BASELINE Road Active

Tempe,AZ 85283

$ 2950000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Lake Country Estates Unit 1

MLS Listing ID 6819777

Year Built 1982

Annual Tax Amount $31,388

Tax Year 2024

Lot Size 1.455 Acres

Property Description

Strategically positioned at the high-traffic northeast corner of Baseline & Lakeshore Drive, 1204 E Baseline offers a rare chance to own a premier garden office space in Tempe's booming market. This property boasts exceptional real estate fundamentals and is surrounded by upscale development and a growing high-income demographic. With a strong income stream already in place, there is potential for owner-user buyers looking for additional rental income, or value-add investors looking to fill the vacancies and increase current rental rates. Additionally, the property offers significant redevelopment potential, as it is located within the mixed-use area designated in the City of Tempe General Plan.

Location

State AZ

County Maricopa

Community Lake Country Estates Unit 1

Zoning C-C

Interior

Heating Other,See Remarks

Cooling Other,See Remarks

Flooring Other

Exterior

Parking Features Other,Paved,Parking Structure

Fence Other

Roof Type Other,Rolled/Hot Mop

Building

Dwelling Type Other (See Remarks),Commercial,Office

Sewer Public Sewer

Water Other,City Franchise

New Construction No

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