1204 E Baseline Road, Tempe, AZ 85283

$2,325,000
20,430
SqFt

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Sold Price
$2,325,000
List Price
$2,950,000
Closing Date
Jul 18, 2025
Days on Market
96
Status
CLOSED
MLS#
6819777
City
Tempe
Living SQFT
20,430
Lot Size
63,359
Subdivision
Lake Country Estates Unit 1
Year Built
1982

Property Description

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.

Additional Information

Acres
1.45
Construction
Other, Block
Cooling
Other, See Remarks
Electric
Other (See Remarks), APS
Fencing
Other
Flooring
Other
Heating
Other, See Remarks
Living Area
20,430
Lot Size
63,359
Parking Features
Other, Paved, Parking Structure
Roofing
Other, Rolled/Hot Mop
Sewer
Public Sewer
Subdivision
Lake Country Estates Unit 1
Taxes
$31,388
Tax Year
2024
Water
Other, City Franchise
Zoning
C-C

Courtesy of R.O.I. Properties. 602-615-1908 Selling Office: HomeSmart.

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