Professional Office Building | For Sale

424 E Southern Avenue Tempe, AZ 85282

Tempe
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$967,750
Last Verified:
Mar 22, 2024

Highlights

  • - Freestanding office building with +/- 3,950 SF of space
  • - Modern solar panels recently installed for energy efficiency
  • - Newly resurfaced roof for long-term sustainability
  • - Zoned RO, offering flexibility for various office uses
  • - Prime Tempe location with excellent visibility on Southern Avenue
  • - Seamless access to US-60, I-10, and Loop 101 freeways
  • - Built in 1982, ensuring a solid and established structure
  • - Ideal for office building investors seeking a strategic investment opportunity

Description

Introducing a great owner/user investment opportunity in Tempe, AZ - a freestanding office building boasting +/- 3,950 SF of space, ideal for a buyer seeking a property to occupy with in-place rental income (Suite 102). Built in 1982 and zoned RO, this property features upgrades including solar panels and a newly resurfaced roof, ensuring energy efficiency and long-term sustainability. Strategically positioned on Southern Avenue, the property offers excellent visibility and convenient access to major business and retail amenities. With proximity to US-60, I-10, and Loop 101 freeways, this property presents a compelling opportunity for an investor/owner-user.

Approximately 3,950 square foot professional office building available for Sale. Located directly off Southern Avenue in between Rural Road and Mill Avenue, this building offers a prime location in the heart of Tempe with excellent visibility off a major road. Located within close proximity to business and retail amenities and convenient access to major freeways, including the US-60, I-10 and Loop 101.

Located in Tempe, AZ


Year Built: 1982
Building Size: 3950sq ft
Building Class: B
Lot Size: 0.36 acres

Map of 424 E Southern Avenue, Tempe, AZ, 85282

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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