136 W Main St, Unit | Mesa Mesa, AZ 85201
Historic, value-add retail/office building in Downtown Mesa with immediate upside.
Property size:
10 SFProperty 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
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.8354545
- Latitude
- 33.4154863
Nearby Similar for Sale
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.