AZ > Tempe > Lake Country Estates Unit 1
Tempe, AZ 85283,1204 E BASELINE Road
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Tempe, AZ 85283,1204 E BASELINE Road
Tempe, AZ 85283,1204 E BASELINE Road
Tempe, AZ 85283,1204 E BASELINE Road
Tempe, AZ 85283,1204 E BASELINE Road
Erin Denk
Erin Denk

+1(602) 525-7717

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$ 2,325,000

$ 2,950,000 21.2%

Est. payment /mo
Sold on 07/18/2025

1204 E BASELINE Road Tempe, AZ 85283

1.45 Acres Lot

UPDATED:

Key Details

Sold Price $2,325,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Lake Country Estates Unit 1

MLS Listing ID 6819777

Sold Date 07/18/25

Year Built 1982

Annual Tax Amount $31,388

Tax Year 2024

Lot Size 1.455 Acres

Acres 1.45

Source Arizona Regional Multiple Listing Service (ARMLS)

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.

Location

State AZ

County Maricopa

Community Lake Country Estates Unit 1

Zoning C-C

Direction From Hwy 60, head South on Rural, then take your first Left (Heading East) on S Lakeshore Dr., Property is located on the Corner of S Lakeshore Dr., and E Baseline Rd.

Interior

Heating Other, See Remarks

Cooling Other, See Remarks

Flooring Other

Exterior

Parking Features Other, Paved, Parking Structure

Fence Other

Roof Type Other,Rolled/Hot Mop

Building

Sewer Public Sewer

Water Other, City Franchise

New Construction No

Others

Senior Community No

Tax ID 133-38-003-E

Financing Other

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by R.O.I. Properties
Bought with HomeSmart
agent

Erin Denk

+1(602) 525-7717

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1204 E BASELINE Road