7305 S KYRENE Road, Tempe, AZ 85283 - MLS #6797092

images$3,500,000 images******** Beds

images******** Bath images12,200 sqft images2000

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Description

Discover an exceptional add-value and owner-user opportunity at 7305 S Kyrene Road in Tempe. This 12,220 SF property, situated on 1.32 acres, is zoned I-1 (Light Industrial), offering flexible space ideal for light industrial and office purposes. Built-in 2000 as a retail strip center, the property previously housed notable tenants like FedEx, office users, and a Pilates studio. It is currently being occupied as a boxing gym. This versatile asset provides eligibility for all l-1 uses, including permits allowing medical clinics. Additionally, the property is eligible for permits for retail and various special use permits, making it a prime opportunity for repositioning or redevelopment.

Property Features
Building Type: Commercial; Industrial
Business Type: Dental; Mixed; Service Business; Medical; Retail
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Concrete; Vinyl
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Other
Cooling: Central Air
Loading Facilities: Other (See Remarks)
Interior Features: Finished; Security System; Security Camera(s); Private Restrooms
Fencing: Block
Parking Features: Fenced
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: 1031 Exchange
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Traffic Count: 100,001 to 120,000
Environmental: None
Contract Info
Current Price: $3,500,000
Sold Price: $3,500,000
Status: Closed
List Date: 2024-12-23
Ownership: Fee Simple
Location Tax Legal
House Number: 7305
Compass: S
Street Name: KYRENE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 4608
County Code: Maricopa
Assessor Number: 301-47-015-H
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 12200
# of Buildings: 1
Year Built: 2000
Uncvrd Parking Spcs: 60
Zoning: I-1
Remarks Misc
Cross Street: W Elliot Rd & S Kyrene Rd
Geo Lat: 33.352671
Geo Lon: -111.945263
Status Change Info
Off Market Date: 2026-01-27
Under Contract Date: 2025-10-17
Close of Escrow Date: 2026-01-29
Sold Price: $3,500,000
Legal Info
Township: 1S
Range: 4E
Section: 10
Lot Number: n/a
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $