MU-4 Mixed Use High density 50' max height allowance. Additional height may be granted based on project quality, City of Tempe may provide variance to exceed 50' height allowance. Preliminary design block sketch prepared yielding 112 residential units with approximately 6,000 SF of ground level Retail/Office area on the 1st Floor which could be an additional 6 units totaling 118. A parking facility, entering at grade, lying below the residential units with 156 stalls. All utilities are on site with additional power added to accommodate a multi-story development.
Age: 31-40 Years Old
Architecture Style: Other
Cooling System: Central A/C, Heat Pumps, Window Unit(s) A/C
URBAN INFILL DEVELOPMENT OPPORTUNITY****Incredible opportunity for an Investor or Developer to pick up a corner commercial building with existing revenue stream, on a major intersection, for a song and a dance. PRIME Tempe location adjacent to light rail (check availability of Public funds for neighborhood revitalization within 1 mile of lightrail). Right around the corner from ASU and SunDevil's Stadium. Next to major freeways. Lots of MIXED USE retail in the area. Building is currently leased till July 2015, with a renewal coming up shortly. Once renewed, Buyer will have to honor additional 2 year lease. Developers, ACT NOW or buy and hold for a later development focus. Contact Listing agent for NDA for details.
THIS 4-PLEX IS IN GREAT CONDITION! FOUR LARGE 2-BDRM, 1-BATH apartments. 2 upstairs w/Balconies. 2 downstairs with Private Yards. HOT LOCATION! Close to ASU, Downtown Tempe, light rail and park. Convenient to the 101 and US-60. Currently fully rented. 8 off-street parking spaces, NEW A/C units, NEW Stack Washer/Dryer's in each unit. NEW Awnings. A GREAT INVESTMENT OPPORTUNITY! Drive-by only, please DO NOT DISTURB OCCUPANTS.
Multi-family property in highly desired Tempe.This well built, updated block duplex sits on two lots, leaving plenty of room to expand. Minutes from ASU, Tempe Town Lakes & the Light Rail. Free Orbit bus service is also available. Built in 1977 and updated over the past several years with dual pane, low E tinted windows, awnings, easy care commercial flooring, six panel doors, kitchen cabinets, wood shutters, security doors, and Corian/tile countertops. Property has been well maintained with annual roof and AC inspections. Sale includes lot 23 & Lot 24: APN 132-67-024 & 132-67-023. Please do not disturb tenants, drive by only.