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Remodeled Live-Work Office
For Lease
$2,000/Mo

131 W University, Mesa, AZ 85201

Flexible office property with private entrances, multiple kitchens, outdoor space, and separate parking.

Space Size1,750 SF
Property Size2,000 SF
Days on Market69

Property Features for 131 W University

General Information

Standard status Active
Size 1,750 SF
Class B
Property subtype Office
Lease Term MG

Space & Availability

Divisible Yes
Space Use Live-Work
Private Offices 2
Meeting Rooms 1

Amenities

fireplace
ceiling fans
recess lighting
private entry
high ceilings
upgraded full kitchen
additional kitchen
private patio/courtyard
detached garage
RV gates
finished basement
private bathroom

Building Details

Building Size 2,000 SF
Year Built 1935

Spaces For Lease

at 131 W University Contact us

131 W University $2,000/Mo

Size
1,750 SF
Type
Office Building
Term
12 - 36 months
Contact us
Listing Agency: LRA Real Estate Group, LLC
Listed By: Don Mortensen · License #BR529840000
Source: Lrarealestate
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 31 at 1:56PM

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 LRA Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This live-work property occupies a 1935 building that has been remodeled for office use. The interior includes a reception area, conference room with fireplace and private entry, and individual offices with windows for natural light. Office 2 and Office 3 each offer private access, while Suite B adds a private bathroom, kitchen, and finished basement with windows.

The property also features an upgraded full kitchen, a second kitchen with sink, oven, microwave, and refrigerator, plus a private patio or courtyard. A detached garage, separate parking, and two RV gates expand the site’s utility. A portion of the office can be subleased to another tenant. The property is located at 131 W University in Mesa, Arizona.

Key Highlights

  • 1935 building remodeled for office use
  • Reception area and conference room with fireplace, windows, high ceilings, and private entry
  • Suite B includes a private bathroom, kitchen, and finished basement with windows

Property Analytics

Current Use

RAB Realty and Property ... Real Estate Agency Biederman Law Office Law Firm IP Advisors Inc. Bank Dixon construction company Construction Company

Suggested Use

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

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

NNN (Triple Net)
Lease Type

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

Market

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Flexible office property with private entrances, multiple kitchens, outdoor space, and separate parking.
Where is this live-work space located?
The property is located at 131 W University Mesa, AZ.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 1935 building remodeled for office use; Reception area and conference room with fireplace, windows, high ceilings, and private entry; Suite B includes a private bathroom, kitchen, and finished basement with windows
More about this property
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