1204 E BASELINE Road new Save Request In-Person Tour Request Virtual Tour
Tempe,AZ 85283
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Lake Country Estates Unit 1
MLS Listing ID 6819777
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $31,388
Tax Year 2024
Lot Size 1.455 Acres
Acres 1.45
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
Direction From Hwy 60, head South on Rural, then take your first Left (Heading East) on S Lakeshore Dr., Property is located on the Corner of S Lakeshore Dr., and E Baseline Rd.
Interior
Heating Other,See Remarks
Cooling Other,See Remarks
Flooring Other
Exterior
Parking Features Other (See Remarks),Paved Parking,Parking Structure
Fence Other
Roof Type See Remarks,Rolled/Hot Mop
Present Use Mixed Use,Office
Total Parking Spaces 64
Building
Dwelling Type Other (See Remarks),Commercial,Office
Sewer Public Sewer
Water Other,City Franchise
New Construction No
Others
Senior Community No
Tax ID 133-38-003-E