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136 W Main St, Unit | Mesa Mesa, AZ 85201

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For Sale
$1,950,000

Historic, value-add retail/office building in Downtown Mesa with immediate upside.

Property size:
10 SF

Property Features for 136 W Main St

General Information

Size
10 SF

Building Details

Year built
1891
Source: Lee-associates

Listing Agent: Sean M. Bishop, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Retail/Office Building in Mesa

The Pomeroy Building, a historic retail building in Downtown Mesa's historic commercial district, presents a rare acquisition opportunity. Constructed in 1891, this corner lot building was among the first in Mesa with electricity. The property has a size of approximately 10,600 square feet and is currently 56% leased. The building features a mix of tenants, with retail spaces on the first floor and office spaces on the second floor. A creative investor may choose to increase the current yield through lease up and market renewal rates or may look a retrofit suited for a variety of different users. The property offers a value-add opportunity suitable for retail, restaurant, or office users. There are currently nine new multifamily housing projects within a one-mile radius of the property. The building has never been sold since it was originally built in 1891.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pomeroy's Men's Store Men'S Clothing Store Nuru Home Healthcare ... Home Health Care Service Still Life Studios Wedding Photographer Law Offices of Adam ... Law Firm ComforCare Home Health Care Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mesa
County
Maricopa
State
Arizona
Longitude
-111.8354545
Latitude
33.4154863

FAQs

What type of property is this?
Retail space - Historic, value-add retail/office building in Downtown Mesa with immediate upside.
Where is this retail space located?
The property is located at 136 W Main St, Unit | Mesa Mesa, AZ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - Rare opportunity to acquire a high-profile retail/office building in Mesa's historic downtown core.; - Historic building constructed in 1891, offering unique character and appeal.; - Value-add opportunity with 56% occupancy in a reviving Downtown Mesa submarket.
More about this property
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