DRIFTWOOD PLAZA
Property • Comm/Industry Sale
Web ID # 7001143
$2,475,000.00
0 Beds • 0 Baths
Property Features
Arizona Regional Multiple Listing Service (ARMLS)
Offered at $2,475,000 -- rare opportunity to own a fully operational, income-producing mixed-use commercial building on a coveted full acre in the heart of Gilbert's Baseline Rd corridor. This 6,702 SF single-story building -- one of very few office properties in the area sitting on over an acre of land -- operates simultaneously as a professional office complex during the week and a thriving wedding and special events venue on weekends through the established Modern Moments. The property features a stunning outdoor event lawn with ceremony arch and overhead string lights, a beautifully appointed indoor ballroom with exposed-beam ceilings, custom draping, crystal chandeliers, and a full hedge wall backdrop, plus a state-of-the-art conference and presentation suite with dual displays, whiteboard, projector, and flexible seating for up to 50. A professional podcast and media production studio rounds out the offering. Five established tenants -- including financial services, software and media, and event professionals -- provide immediate diversified income. With 27,000+ daily vehicles passing the front door and the 2026 assessed market value up 28% year-over-year to $1,676,100, this is a genuinely one-of-a-kind dual-revenue-stream asset in one of Arizona's fastest-growing communities.
South to Mission Bay Drive, west to just past Parkway Dr. Next turn in to the parking lot
Dwelling Type: Comm/Industry Sale
Subdivision: DRIFTWOOD PLAZA
Year Built: 1989, County: N/A
South to Mission Bay Drive, west to just past Parkway Dr. Next turn in to the parking lot
Listing is courtesy of Realty Executives Arizona Territory
