Active
8019 E MAIN Street
Mesa AZ, 85207
$3,500,000
Active
Other
Built in 1945
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.
6658864
MLSⓇ ID
February 2, 2024
Listed
December 3, 2024
Updated
Map
8019 E MAIN Street
Mesa AZ, 85207
Interior Features
Floor Description
Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Individual, Electric, Ceiling Fan(s)
Heating
Yes
Heating Description
Individual, Central, Electric
Exterior/Building Features
Roof
Tile, Built-Up, Metal
Sewer
Septic in Cnctd, Septic Tank
Other Property Details
Taxes
$10,345
Tax Frequency
Annually
Days on Market
305
Garage
No
Parking
Paved Parking, Addl Parking Avail, 1 Space/Unit
Parking Total
24
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
C-3, R-3
Listing History
Date | Event | Price |
---|---|---|
10/23/2024 | Price change | $3,500,000 -12% |
Courtesy of Iannelli and Associates
Listing Contact: 402-499-4133
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 Gregory Corbett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 11:18 PM UTC, 12/3/2024.