Description
PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN TEMPE. SURROUNDED BY A COLLECTION OF HIGH-END COMMERCIAL/OFFICE DEVELOPMENTS, A BOUTIQUE HOTEL, AND TRENDY URBAN MULTI USE CONDOMINIUMS, THIS PROPERTY IS ONE OF THE LAST BEST INFILL LOCATIONS AVAILABLE FOR LONG TERM INVESTMENT GROWTH. THE 2 PARCELS ARE ALSO LOCATED IN TEMPE'S TRANSPORTATION OVERLAY DISTRICT, ALLOWING ADDITIONAL DEVELOPMENT OPTIONS NOT FOUND IN OTHER R3 ZONED CITY NEIGHBORHOODS. IN ADDITION, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED OFFERING IMMEDIATE CASH FLOW DURING THE PLANNING PROCESS.
Location
Listed By
Listing Agent
Ron Fedri
HomeSmart
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The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Good Oak Real Estate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 24th April, 2026 11:15 PM (UTC)
Listing Office: HomeSmart
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