840 W University Drive, Mesa, AZ 85201
- $1,150,000
- 8,820
- SqFt
- Sold Price
- $1,150,000
- List Price
- $1,195,000
- Closing Date
- Apr 29, 2025
- Days on Market
- 48
- Status
- CLOSED
- MLS#
- 6834216
- City
- Mesa
- Living SQFT
- 8,820
- Lot Size
- 22,743
- Subdivision
- Clement Place
- Year Built
- 1973
Property Description
Exceptional investment opportunity in the heart of a thriving business district across the street from a huge strip mall with many restaurants and services. This is a remarkable commercial strip mall for for the savvy investor as offices (what they are now)- or to use as a value add project and make apartments. Strategically located with immense potential and already has lucrative returns as office space. - Could also be a prime retail destination as well as apartment living. 11 Units (1-2story large chiropractic office rented) 2- single level offices with a total of 9 bathrooms (2-exterior accessed bathrooms)1 of the units is rented for 1500/mo, and the large 2 story chiropractic office is rented for 3500/mo. The property was in a long eviction court proceeding from previous owner and
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Additional Information
- Acres
- 0.52
- Construction
- Block
- Cooling
- Central Air
- Electric
- APS
- Fencing
- None
- Flooring
- Concrete
- Heating
- Electric
- Living Area
- 8,820
- Lot Size
- 22,743
- Parking Features
- Private
- Roofing
- Foam, Rolled/Hot Mop
- Sewer
- Public Sewer
- Subdivision
- Clement Place
- Taxes
- $8,097
- Tax Year
- 2024
- Water
- City Franchise
- Zoning
- M-H
Courtesy of Raymond E Whitby. 480-251-1313 Selling Office: Arizona Platinum Properties LLC.
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