Search
Historic Office Buildings

121 W University Dr, Mesa, AZ 85201

For Sale
$1,100,000

Two converted homes provide reception, offices, conference, kitchen, and support areas.

Property Size1,596 SF
Price / SF$689.22
Days on Market93

Property Features for 121 W University Dr

General Information

Standard status Active
Size 1,596 SF

Additional Details

Road Access Yes

Building Details

Year Built 1935
Buildings 2
Listing Agency: Cluff Real Estate LLC
Listed By: Chad Cluff · License AZ #567582000
Source: Mgsellsarizona
Added: Aug 9 Changed: Oct 26 Last Checked: Oct 7 at 5:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cluff Real Estate LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office property comprises two historic homes adapted for professional use at 109 W University and 121 W University. The 2,400 SF building includes reception, two offices, a conference room, kitchen, copy and file room, restroom with two showers, and an additional upper-level office. The 1,350 SF building provides a main bullpen area, two offices, restroom, kitchen, basement, and a storage shed in the yard.

The buildings front University Ave in Mesa’s West 2nd Historic District, within downtown Mesa and two blocks north of Main Street. The sale includes both properties, offering a combined professional office arrangement across the two structures.

Key Highlights

  • Two historic homes converted for professional office use
  • 109 W University includes 2,400 SF of office improvements
  • 121 W University includes 1,350 SF with basement and yard storage shed

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Studio House AZ (Bike/Boat/Book/etc) Store Inner Alchemy Ketamine ... Medical Clinic

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Tanning Salon Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,859
Businesses Nearby

Demographics for 85201, AZ

51,187
Population
23,099
Households
2.2
Avg Household Size
33
Median Age
27%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
5,445
Density / Sq Mi
$63,725
Median Household Income
$40,067
Median Earnings
$1,349
Median Rent
$292,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Mesa, AZ

$239 Jul
$334 Aug
$281 Sep
$298 Oct

Properties on Market for Office buildings in Mesa

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two converted homes provide reception, offices, conference, kitchen, and support areas.
Where is this office building located?
The property is located at 121 W University Dr Mesa, AZ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two historic homes converted for professional office use; 109 W University includes 2,400 SF of office improvements; 121 W University includes 1,350 SF with basement and yard storage shed
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved