1818 E Baseline Rd

Mesa, AZ 85204
  • $2,352,746

    Price
  • 0

    Bed
  • Bath
  • 9,101

    SqFt

About the Listing dele002 - lr178,ac6615

Great income producing property BELOW MARKET with a CAP Rate of 6.39% and a potential of 7.5% once the basement office is leased out. The basement office lends for affordability and unique work environment of 1,900 sq.ft. available at $14/sq.ft Strategically located across the street, just steps away from Gilbert. Excellent value Gilbert location at Mesa prices. Just west of Gilbert Road, near the US-60 freeway, making it easily accessible. Boarders the Town of Gilbert which is across the street. Seller will Carry $1 million if needed. Ideal for a medical practice or other professional services due to its established use and proximity to the Mesa and Gilbert communities. The Learning Center Tenant has 3 yrs left of a 5-yr lease and the Dermatology Tenant has 2 yrs left of 5 yr lease.

Listing Highlights for 1818 E Baseline Rd

Status Active
Days on Site 380
Property Type Commercial Sale
MLS ® 6768391
Year Built 1996
Total Square Footage 9,101
Lot/Acreage 1.25
County Maricopa

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Electric
  • Fireplaces:
  • Floor: Carpet,Ceramic Tile,Vinyl,Wood,Concrete
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City Franchise

Exterior Details

  • Garage Capacity: N/A
  • Roof: Foam,Rolled/Hot Mop
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved

Financial Details

  • Tax Amount: $19,425
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 139-09-003-A
  • Tax Year: 2023

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Listing Location

Questions About..

1818 E Baseline Rd Mesa, AZ 85204

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Originating MLS: Arizona Regional Multiple Listing Service (ARMLS)

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