Scottsdale Coldwell Banker Real Estate

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Sold Date5/31/2023
Closed

1101 W UNIVERSITY Drive 102,103Tempe, Arizona AZ85281

Listing ID6453347

1,430 SqFt

$480,000

Work in an architectural icon! Just moments from the heart of Downtown Tempe, renown architect Will Bruder's ''The Vale'' is simply one of a kind. Boasting perforated metal, color resin paneling, and molded steel, this industrial style 1st floor commercial space is perfect for your creative office. Stunning rounded corner unit offers direct storefront to University Drive with nearly 30,000 cars per day. The office includes floor to ceiling windows, exposed mechanical, high ceilings, bathroom w/shower, and concrete flooring. Owner even has access to The Vale's swimming pool/jacuzzi & fitness facility. 2 covered parking spaces included as well as easily available public parking. Perfect for entrepreneurs looking for a cultured & vibrant space for an office, art gallery, retail store or... many other uses. Currently being sold as 1 space, the space is legally 2 separate Suites approximately 700 s.f. each allowing for re-dividing if so desired. Buyer could use 1 Suite for their own use and Lease the other for income. Stop throwing your money away with your office lease and own your office! This property is close to Mill Avenue's shops and restaurants, the light rail system, Tempe Town Lake, Tempe Streetcar, the Whole Foods Market, ASU, and everything else downtown Tempe has to offer! Tempe has been voted one of the best places to live as well as the 2nd fastest growing in the United States. This property is located within a mile of the proposed 2.1 Billion Coyote's Stadium and Entertainment district which will include 3.4 million square feet of new development.
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