1204 E Baseline Road, Tempe, AZ 85283

$2,325,000
20,430
SqFt

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Sold Price
$2,325,000
List Price
$2,950,000
Status
CLOSED
Days on Market
96
Closing Date
Jul 18, 2025
MLS#
6819777
Subtype
Comm/Industry Sale
Year Built
1982
Living Area
20,430
Lot Size
63,359
Acres
1.45
Subdivision
Lake Country Estates Unit 1

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.

Additional Information

Taxes
$31,388
Zoning
C-C
Flooring
Other
Heating
Other, See Remarks
Air Conditioning
Other, See Remarks
Exterior Construction
Other, Block
Parking Features
Other, Paved, Parking Structure

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Reuben Z Nach (602-881-4724) from Listing Office: R.O.I. Properties.

Selling Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.