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124 6th St - Tempe Performing Arts Center 0.62 Acres of Commercial Land Offered at $12,150,000 in Tempe, AZ 85281
Executive Summary
The purchaser shall be responsible for any and all costs associated with city processes, obtaining all required permits and completing the existing building demolition in accordance with applicable laws, regulations, and City requirements. Other conditions may apply; contact the broker for details.
Fair market value offers are accepted on an ongoing basis and are subject to City Council approval. The City reserves the right to reject any or all offers at any time for any reason, waive minor irregularities, request additional information, and negotiate with one or more prospective purchasers in the best interests of the City.
Fair market value offers are accepted on an ongoing basis and are subject to City Council approval. The City reserves the right to reject any or all offers at any time for any reason, waive minor irregularities, request additional information, and negotiate with one or more prospective purchasers in the best interests of the City.
Property Facts
| Price | $12,150,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.62 AC |
| No. Lots | 1 | ||
| Zoning | CC - City Center (CC) (previously designated as CCD, Central Commercial District) | ||
| Price | $12,150,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.62 AC |
| Zoning | CC - City Center (CC) (previously designated as CCD, Central Commercial District) |
1 Lot Available
Lot
| Price | $12,150,000 | Lot Size | 0.62 AC |
| Price Per AC | $19,596,774.19 |
| Price | $12,150,000 |
| Price Per AC | $19,596,774.19 |
| Lot Size | 0.62 AC |
Premium parcel for new vertical construction in city of Tempe Core Buyer responsible for demolishing the existing building and preparing the site for construction.
Description
Existing structure on site to be removed and replaced with a project that offer city of Tempe property taxes and other recurring revenue as defined by city of Tempe
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Moderately walkable
60/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Very bikeable
80/100
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Contact the Sale Advisor
124 6th St - Tempe Performing Arts Center