Investment Overview

Marcus & Millichap is pleased to exclusively present for sale +/- 3.52 acres of vacant land at the signalized southwest hard corner of E. Main Street & S. Sossaman, Mesa, AZ. The property is located in a mature area of the city and one of the last remaining vacant hard corners in the area. The property is surrounded by a mix of commercial, single family homes and multifamily communities. The property is currently zoned Limited Commercial (LC) by the City of Mesa, which permits indoor retail, entertainment and service-oriented businesses that serve the surrounding trade area within a 10 mile radius. Per the City zoning ordinance, permitted uses include, but are not limited to, grocery store and additional large commercial developments, anchored tenant shopping centers with additional drug stores, fast-food restaurants, hardware and building supply stores, gas stations with convenience stores, and restaurants and cafes. Other typical uses include, but are not limited to, those anchors and large commercial developments that are typically located within a regional mall, retail outlet, or power center. Other compatible uses include medical and professional offices, as well as public and semi-public uses. This rectangular shaped property has +/- 766 ft of frontage on E. Main Street, +/- 200 ft of frontage on S. Sossaman Road and level topography. City of Mesa water and sewer services are located near the property line. Buyer to verify all utility locations and capacity levels during due diligence period.