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    135 Mesa Dr Mesa, AZ 85210

    For Sale
    $849,950

    Prime 3,092 SF Retail Building

    Property size:
    3,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,092 square foot, two-story retail building is situated in the heart of historic Downtown Mesa, Arizona, at 135 S Mesa Dr, zip code 85210. Built in 1986, this single-tenant property sits on a 0.16-acre lot and is zoned DB-1. The building features a thoughtfully designed layout including a work area, lobby/reception, and two restrooms. The lower level offers an open bullpen workspace with two private offices and water hookups, while the upper level provides a versatile open bullpen or storage area. The property boasts recently updated exterior paint, and its south-facing wall, finished with smooth stucco, presents a prime opportunity for eye-catching signage or a mural. The building is equipped with 3-phase wiring, adding to its functionality and appeal. This NNN-leased shopping center presents a unique opportunity for investors seeking a well-maintained property in a vibrant and growing downtown area. The asking price is $849,950. Significant signage opportunities are available. This is a rare chance to acquire a well-located, established retail space with excellent potential for growth.

    Property Features for 135 Mesa Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,092 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1986
    Stories
    2

    HighLights

    • 3,092 SF retail building in Downtown Mesa, AZ.
    • Two‑story building on a 0.16‑acre lot.
    • Equipped with 3‑phase wiring.
    • South‑facing wall features smooth stucco, ideal for signage.
    • Excellent signage opportunities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    55 Gallon Drums ... Barrel Supplier Cox Printing Commercial Printer

    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
    -111.8227009
    Latitude
    33.4117005

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    FAQs

    What type of property is this?
    Lifestyle center - Prime 3,092 SF Retail Building
    Where is this lifestyle center located?
    The property is located at 135 Mesa Dr Mesa, AZ.
    What is the asking price?
    The asking price for this property is $849,950.
    What are key features of this property?
    This property features: 3,092 SF retail building in Downtown Mesa, AZ.; Two-story building on a 0.16-acre lot.; Equipped with 3-phase wiring.
    Request Owner's contact information
    135 Mesa Dr Mesa, AZ 85210
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    Mesa, AZ 85210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135 Mesa Dr Mesa, AZ 85210
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