• Price $2,278,800
  • Sq. Ft.1,278
  • Acres0.49
  • Built1946
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1986 E University Drive ,

Perfect infill location for mixed use development including multi-family units, restaurant, entertainment etc. Situated nearArizona State University's large Tempe campus amid dining and entertainment and less than a mile from the Loop 101. This approximately 1.5 acre site is in a high demand rental area. The site holds a well-maintained 1,278 SF residence which includes an original adobe structure dating from the 1800's. Creative use of the special character of this unique property would make this a destination. Located in Qualified Opportunity Zone. 40,000 vehicles pass site daily.

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Essential Information

  • MLS® #5976041
  • Price$2,278,800
  • Taxes$1,261
  • Square Footage1,278
  • Acres0.49
  • Year Built1946
  • TypeCommercial Sale
  • Sub-TypeOther (See Remarks)
  • StatusActive

Amenities

  • Garage Spaces10
  • ParkingFenced, Free, Private Parking

Exterior

  • RoofOther (See Remarks)
  • ConstructionBlock, Wood/Frame, Other (See Remarks), Stucco

Listing Details

  • Listing OfficeKeller Williams Realty East Valley

Community Information

  • Address1986 E University Drive
  • SubdivisionAlso parcels 132-39-002D,F,L,M,N,P and Q available
  • StateAZ

Interior

  • Interior FeaturesFinished
  • HeatingOther (See Remarks)
  • CoolingCentral A/C
  • Stories1 Story

Additional Information

  • ZoningAG

Property Location

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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than eXp Realty. Copyright 2019 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 16th, 2019 at 4:18pm AKDT.

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