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INVESTMENT HIGHLIGHTS
- Downtown Gilbert Trophy Asset
- Approved Plans
EXECUTIVE SUMMARY
Clements Garage is one of the last standing historic properties in Downtown Gilbert. It offers 4,255 square feet on 0.41 acres. The property has been rezoned HVC for commercial rebuild, making it suitable for retail, restaurant, and office use. The parcels included are 304-11-097 and 304-11-098, totaling 0.41 acres.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,255 SF
Building Class
C
Year Built
1933
Price
$3,950,000
Price Per SF
$928.32
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.41 AC
Zoning
HVC - Heritage Village Center
Parking
35 Spaces (8.23 Spaces per 1,000 SF Leased)
Frontage
117’ on North Gilbert Road
AMENITIES
- 24 Hour Access
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $10,344 | Total Assessment | $36,834 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$10,344
Improvements Assessment
$0
Total Assessment
$36,834
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141 N Gilbert Rd
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