MLS# 6658864 – 8019 E Main Street, Mesa, AZ 85207

Price: $3,500,000
Units: 24
Property Type: Other
Status: Active
Year Built: 1945
Neighborhood: Desert Sage Tr Blks 5, 6, 7
Days on Website: 145

Courtesy of Iannelli and Associates

Property Description

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.

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Property Details and Features

  • Appliances & Equipment
  • “Microwave”
  • Building
  • Built in 1945
  • Construction materials: “Stucco”, “Block”
  • 24 total units
  • Cooling
  • “Central A/C”
  • “Individual”
  • “Electric”
  • “Ceiling Fan(s)”
  • Floors
  • “Ceramic Tile”
  • Heating
  • “Individual”
  • “Central”
  • “Electric”
  • Listing
  • Listing ID: 6658864
  • Standard status: Active
  • 334 days on market
  • Location
  • Subdivision name: DESERT SAGE TR BLKS 5, 6, 7
  • Parking
  • “Paved Parking”
  • “Add’l Parking Avail”
  • “1 Space/Unit”
  • 24 total parkings
  • Property
  • Zoning: C-3, R-3
  • Roof
  • “Tile”
  • “Built-Up”
  • “Metal”
  • Sewer
  • “Septic in & Cnctd”
  • “Septic Tank”
  • Taxes
  • Annual amount: $10,345
  • Lot: 7, 8, 9, 10
  • Tenant Pays
  • “None”
  • Utilities
  • “SRP”

Property Map

$3,500,000 – 8019 E Main Street, Mesa, AZ 85207

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This content last updated on January 1, 2025 1:05AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.