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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

8019 E Main Street, Mesa, AZ – $3,500,000

  • $3.5M Price
  • $3.5M Price

8019 E Main Street

GREAT OPPORTUNITY TO OWN THE EAST MESA INN MOTEL -- A TURN-KEY 24-UNIT MOTEL WITH 1700 SQ.FT. OWNER'S RESIDENCE ON SITE! FOUR 9,000 SQ. FT. LOTS. THE 2ND-STORY BUILDING WAS BUILT IN 1998. TEN KITCHENETTES. ALL ROOMS HAVE REFRIGERATORS & MICROWAVES. MANY UPGRADES INCLUDING NEW ASPHALT PARKING LOT (2023). NEW 16' X 30' PATIO AREA AWNING FOR OWNER'S SUMMER ENJOYMENT. GUEST ROOMS HAVE UP-TO-DATE KEYLESS ENTRY (NO LOST KEYS!). LAUNDRY ROOM FOR TENANTS. POTENTIAL FOR ADDITIONAL ROOMS TO BE ADDED. GREAT LOCATION -- BUSINESS IS CONVENIENTLY LOCATED TO SR 60 AND THE 202. NINETY PERCENT+ OCCUPANCY. NEW OWNER HAS ROOM TO INCREASE RATES. THIS IS AN ESTABLISHED MOTEL WITH CONSISTENT RETURNING GUESTS.

Essential Information

  • MLS® #6658864
  • Price$3,500,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1945
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address8019 E Main Street
  • SubdivisionDESERT SAGE TR BLKS 5, 6, 7
  • CityMesa
  • CountyMaricopa
  • StateAZ
  • Zip Code85207

Amenities

  • AmenitiesManager Res/Office, No Pool
  • Parking Spaces24

Parking

Paved Parking, Add'l Parking Avail, 1 Space/Unit

Interior

  • AppliancesMicrowave
  • HeatingIndividual, Central, Electric

Cooling

Central A/C, Individual, Electric, Ceiling Fan(s)

Exterior

  • RoofTile, Built-Up, Metal
  • ConstructionStucco, Block

School Information

  • DistrictMesa Unified District

Additional Information

  • ZoningC-3, R-3

Listing Details

  • OfficeIannelli and Associates
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Price Change History for 8019 E Main Street, Mesa, AZ (MLS® #6658864)

Date Details Change
Price Reduced from $3,950,000 to $3,500,000 $450,000 (11.39%)

Iannelli and Associates.

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 Launch Real Estate LLC. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on November 10th, 2024 at 6:30pm MST.