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.

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