This is a COMING SOON Listing! Will be ACTIVE 4/26/2021
Great potential. Existing R-5 Zoning on this 1.08 acre Lot permits up to 46 units, before ”bonus”. Or Buyer may decide to renovate existing two, vacant buildings that total approx 8,000sf, and add more square footage. This former school has room for additional improvements to be added. (NOTE: next door is an existing 47-unit apartment complex, on slightly smaller lot, and it recently closed escrow at $5,000,000.) The main school building has been prepared for new owner to retrofit to their own plans. All interior walls removed. Fire Sprinkler System is already in place. OWNER MAY CONSIDER SELLER-CARRYBACK OR A JOINT VENTURE. See Document Tab for more details on Lot Dimensions, etc.Three Lots included in this Listing: 151-01-007A, 007C & 007D
What's Nearby?
Hospitals
50 reviews
10 reviews- Tempe St. Luke's Hospital (6.41 mi)
127 reviews
Education
- Desert Garden Montessori (2.17 mi)
3 reviews - Summit School of Ahwatukee (3.09 mi)
16 reviews - Kyrene De Las Lomas Elementary School (0.97 mi)2 reviews
Restaurants
- Cocina Madrigal (5.1 mi)1863 reviews
- The Kolache Cafe (1.85 mi)
52 reviews - Moku Hawaiian Grill (1.85 mi)303 reviews
Grocery
- Fry's Food Stores (1.73 mi)28 reviews
- Safeway (1.8 mi)52 reviews
- Safeway (2.79 mi)27 reviews
Park
- Sun Ray Park (1.79 mi)6 reviews
- Desert Breeze Park (5.62 mi)63 reviews
- South Mountain Park (3.5 mi)294 reviews
