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29063589
29063588

2130 W Main St, Mesa, AZ 85201

BW
AZ BR545459000
LRA Real Estate Group, LLC
Listed by LRA Real Estate Group, LLC
$895,000
1166 days on market
Updated 79 days ago
Opportunity zone

Icon Apartments Concept

Details
APN 5 APNs
Property Type Multifamily, Retail
Sub Type Apartment Building, Bar
Square Footage 73,571
Net Rentable (SqFt) 73,571
Units 29
Broker Co-Op Yes
Class B
Stories 5
Acreage 0.840
Zoning Commercial General/RM-4
Investment Type Core
Ownership Fee Simple

21 Luxury Apartment Complex with 8 Retail Spaces

Marketing description

CONCEPTUAL Site Plan: 21 Luxury apartments, 8 Retail spaces, Lobby, Security Roon, Club House, Gym, Coffee/Bar, Pool and Jacuzzi, walking circuit and pet area. Owner has cleared the site, discussed with City Planning who is very favorable and 'Green Lights' the project. 5 lots, 2 lots on Main Street are Commercial Zoned. The 3 lots in back are Zoned Multifamily R.

Phoenix location characteristics

The subject property is located at 2130-2144 W Main Street in the City of Mesa, Maricopa County, Arizona. The subject property is West the City Center on Main Street and is in a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is good and in redevelopment in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along Main Street. The area is anticipated to experience growth in the foreseeable future due to its location on the light rail extension. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, which generally allows up to 5 stories in new construction along the light rail corridor. Arizona State University, St. Benedictine, Wilkes Universities are located in the downtown area.

The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. Phoenix is the 6th largest city in the United States and is the financial, commercial cultural, entertainment and government center of Arizona. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey

Investment highlights

  • CONCEPTUAL SITE PLANS ONLY, call for details

  • 21 Luxury Apartments

  • 8 Retail Spaces

  • Faces Light Rail

  • Site plan and floor plans

  • Buyer can change any conceptual plan

Listing Contacts

BW
AZ BR545459000
LRA Real Estate Group, LLC
Listed by LRA Real Estate Group, LLC

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