2640 W Medtronic Way Tempe, AZ ^$ 4,500,000

2640 W Medtronic Way

^$ 4,500,000

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2640 W Medtronic Way

Tempe, AZ, 85281

^$ 4,500,000

Studio Baths0.0 Sq 21,218

Monthly Estimate*

^$ 31,434

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Studio

Commercial Property for sale in Tempe, AZ

for $4,500,000. This 21,218 square foot building was built in 1980 on a lot size of 1.36.

Over 21,000 SF, fully air conditioned production - flex space with additional uses including distribution, manufacturing, laboratory and office. Current building layout is perfect for one owner-user or tenant or potential multi-tenant occupancy. 53 parking spaces including 9 covered. Two 12' overhead doors. 400 amp service. Clean Room. Situated on 1.36+AC and ideally located less than 1 mile to the I-10 and 143 Freeways, 2 miles to the 202 Fwy and Sky Harbor Airport, 3 miles to ASU and 10 minutes to downtown Phoenix. Excellent highway exposure with monument signage already in place. Please do not disturb tenants. Floorplan in ''Documents'' tab.

Commercial Active

Price

^$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 24,442

Style

Comm/Industry Sale

Lot Size

1.36

Year Built

1980

Town/City

Tempe

County/Region

Maricopa

MLS | Web ID

6642895

Features

General

Sewer Public Sewer

Heating Heat Pump 2 or More Units

Cooling Warehouse A/C Central A/C

Roof Built-Up

Zoning GID I-1

Construction Materials Block

Year Built 1980

Electric Over 220 Amp SRP

Township 1N

Tax Year 2023

Percent Ownership Fee Simple

Gross Income 0.0

Business Type Other Warehouse Office Mixed Use

County Maricopa

Net Operating Income 0.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name HOHOKAM INDUSTRIAL PARK

Building Features Conference Room Clean Room Kitchen

Status Active

Directions 52nd St south to Metronic Way. West to property.

City Tempe

Buyer Agent Compensation 2.25

Disclosures Seller Prop Disc Stm

View Y/N N

Open Parking Spaces 44.0

Lot Size Square Feet 59390.0

Carport Y/N N

Street Name Medtronic

Tax Annual Amount 24442.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 127

Structure Type Other (See Remarks) Commercial Industrial Office Manufacturing Distribution/Warehse

Standard Status Active

Occupancy Description Tenant

Tax Lot 28

Buyer Agent Compensation Type %

Ownership Fee Simple

Senior Community N

Interior

Flooring Ceramic Tile Vinyl

Street Suffix Way

Electric On Property Y/N N

Total Baths 0

Exterior

Fencing Block

Parking Features Paved Parking Private Parking Public Parking

Water Source City Franchise

Total Parking 53.0

Lot Size Area 59390.0

Number of Buildings 1

Spa N

Lot Dimensions 281' x 222' x 256' x 220'

Lot Size Acres 1.36

Road Surface Type Asphalt Curb(s) & Gutter(s)

Lot Size Units Square Feet

Covered Spaces 9.0

Crops Included Y/N N

Open Parking Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2640

* Excluded Features

List By

Homesmart

Broker

ken@kenclarkproperties.com

Affordability Calculator

$33,471

Per Month

Monthly Principal & Interest: $31,434
Monthly Property Taxes: $2,037
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Tempe, AZ

Average List Price ^$2,798,000

Percent of Sale Price 38%

About Tempe, AZ

178,468 Population

13% Since 2002

^$52,533 Median Income

31.86 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$4,500,000	-2.17%	Price Down
2/15/2024	$4,600,000	-3.16%	Price Down
12/22/2023	$4,750,000		Listed Price

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2640 W Medtronic Way, Tempe, AZ, 85281 is a Commercial Property for sale at $4,500,000 with 21,218 sqft and a lot size of 1.36. 2640 W Medtronic Way is a studio with 0.0 baths and was built in 1980. The property's zip code is 85281 which is in Tempe, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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2640 W Medtronic Way

Commercial Property for sale in Tempe, AZ

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