Active

1204 E BASELINE Road

Tempe AZ, 85283

$2,950,000


$144.40 per sqft

Active

20,430 sqft

Other

Built in 1982

Strategically positioned at the high-traffic northeast corner of Baseline & Lakeshore Drive, 1204 E Baseline offers a rare chance to own a premier garden office space in Tempe's booming market. This property boasts exceptional real estate fundamentals and is surrounded by upscale development and a growing high-income demographic. With a strong income stream already in place, there is potential for owner-user buyers looking for additional rental income, or value-add investors looking to fill the vacancies and increase current rental rates. Additionally, the property offers significant redevelopment potential, as it is located within the mixed-use area designated in the City of Tempe General Plan.

6819777

MLS ID

February 13, 2025

Listed

February 20, 2025

Updated

Interior Features

Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other, See Remarks


Heating

Yes


Heating Description

Other, See Remarks

Exterior/Building Features

Lot Size

1.45 Acres


Roof

See Remarks, Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Taxes

$31,388


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

Other (See Remarks), Paved Parking, Parking Structure


Parking Total

64


View

No


County

Maricopa


Water Source

Other, City Franchise


Pool

No


Zoning

C-C

Courtesy of R.O.I. Properties, Reuben Z Nach

Listing Contact: 602-881-4724 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mary Chen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 9:36 PM UTC, 2/20/2025.

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