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7305 S KYRENE Road, Tempe, AZ 85283

$4,700,000
Property Type: Comm/Industry Sale Square Footage: 12,200 Lot Size (sq. ft.): 57,499 Status: Active
Current Price: $4,700,000 List Date: 12/23/2024 Last Modified: 1/03/2025

Description

Discover an exceptional add-value and owner-user opportunity at 7305 S Kyrene Road in Tempe. This 12,220 SF property, situated on 1.32 acres, is zoned I-1 (Light Industrial), offering flexible space ideal for light industrial and office purposes. Built-in 2000 as a retail strip center, the property previously housed notable tenants like FedEx, office users, and a Pilates studio. It is currently being occupied as a boxing gym. This versatile asset provides eligibility for all l-1 uses, including permits allowing medical clinics. Additionally, the property is eligible for permits for retail and various special use permits, making it a prime opportunity for repositioning or redevelopment.

More Information MLS# 6797092

Contract Info

Current Price: $4,700,000 List Price: $4,700,000 Status: Active List Date: 2024-12-23 Ownership: Fee Simple

Location Tax Legal

House Number: 7305 Compass: S Street Name: KYRENE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85283 Zip4: 4608 Country: USA County Code: Maricopa Assessor Number: 301-47-015-H Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 12200 # of Buildings: 1 Year Built: 2000 Uncvrd Parking Spcs: 60 Zoning: I-1

Remarks Misc

Cross Street: W Elliot Rd & S Kyrene Rd Geo Lat: 33.352671 Geo Lon: -111.945263

Status Change Info

Status Change Date: 2024-12-23

Legal Info

Township: 1S Range: 4E Section: 10 Lot Number: n/a

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Building Type: Commercial; Industrial Current Use: Mixed Use; Service Business; Medical/Dental; Retail Stories: 1 Story Construction: Block Roofing: Foam Floors: Concrete; Vinyl Ceiling Height: 16.1 Feet to 28 Feet Heating: Other Cooling: Central A/C Loading Facilities: Other (See Remarks) Interior: Finished; Security System; Security Camera(s); Private Restrooms Fencing: Block Parking: Fenced Electric: Other (See Remarks) Gas: Other (See Remarks) Water: City Franchise Sewer: Sewer - Public New Financing: 1031 Exchange Lockbox Type: None Source of Fincl Data: Other (See Remarks) Traffic Count: 100,001 to 120,000 Environmental: None
Listing Office: Realty ONE Group
Last Updated: January - 03 - 2025
7305 S KYRENE Road, Tempe, AZ 85283- MLS# 6797092
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