415 W 5TH STREET, TEMPE, AZ 85281

415 W 5TH Street
Tempe, AZ 85281

$1,500,000

Beds: 5
Baths: 2
Sq. Ft.: 2,171
Type: Single Family Home
Listing #5462374
The best site at the best price in Downtown Tempe. Downtown Tempe Farmer Avenue Arts District! 2 blocks to Mill Avenue. This may be about the last opportunity to own or develop property in downtown Tempe. Lot includes 2 single family homes and 25,125 square feet of walk to Mill or Tempe Town Lake property. Currently zoned R3 with ability to put 12 units. Bonus, this parcel is also located within the Transportation overlay District providing more relaxed restrictions, higher density, and the potential to rezone with a 50' height. Property owner has submitted an RFP to develop property. Once the shoveling begins, the property will be taken off the market. If you have interest - don't wait this opportunity is going away soon.
Property Features
Location Information
Map Code: R36
Cross Street: 5th Street & Farmer
Community: DOWNTOWN TEMPE!
Latitude: 33.4251
Longitude: -111.945028
Subdivision: ORTH SUB
Directions: One lot west of Farmer Avenue on S side of 5th St. 2 Homes & 1 Empty Lot (3 Lots Total in this sale). Multi Family! May be able to be rezoned to MU-4 Mixed Use High density 50 foot height.
Interior Features
Master Bathroom Description: Other (See Remarks)
Has Dining Room: No
Dining Room Description: Other (See Remarks)
Kitchen Description: None
Has Fireplace: No
Fireplace Description: Other (See Remarks)
Heating: Electric Heat
Cooling: Refrigeration
Square Feet Range: 2, 001 - 2, 250
Exterior Features
Model: 2 Homes & 3 Lots
Manufacturer: Custom
Roof: Comp Shingle
Septic or Sewer: Sewer - Public
Water: City Water
Utilities: APS, SW Gas
Garage Spaces: 0
Fencing: Chain Link, Wood
Has a Pool: No
Pool Description: No Pool
Is a Horse Property: No
Lot Size: 15, 001 - 18, 000
School
Elementary School: Scales Technology Academy
Jr. High School: Gililland Middle School
High School: Tempe High School
Additional Information
Special Listing Conditions: Owner/Agent
New Financing: Cash, Conventional
Property Type: SFR
Dwelling Type: Single Family - Detached
# of Interior Levels: 1
Year Built: 1960
Lot Features: North/South Exposure


$ per month
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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of GETARIZONAPROPERTY.COM
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ARMLS (Arizona) data last updated at June 26, 2017 1:58 AM MST