136 Main St Mesa, AZ 85201-7351
Property Lookup
Property profile & analytics
136 Main St Mesa, AZ 85201-7351
- Retail space
- 10,263 SF
- 0.17 lot acres
Property ID
US07-1219320
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Pomeroy's Men's Store / Clothing & Fashion Store
- Nuru Home Healthcare LLC / Home Health Care Service
- Still Life Studios / Wedding Service / Photography Service
- Law Offices of Adam B. Decker, PLLC / Law Firm
- ComforCare / Home Health Care Service / Adult Day Care Center
Property Details for 136 Main St
- Year built
- 1927
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 10,263 SF
- Zone code
- C-DT
- Property type
- Retail space
- APN
- 138-35-023
- APU
- 13835023
Description
This exceptional mixed-use property, The Pomeroy Building, presents a compelling value-add investment opportunity in the heart of Downtown Mesa, Arizona. Built in 1891, this historic two-story building boasts 10,600 square feet situated on a 7,187 square foot lot at 136 W Main St, Mesa, AZ 85201. Currently 56% occupied with 11 tenants, the property offers a compelling mix of retail space on the ground floor and office space on the second floor. The building's permitted zoning (DC-CE, City of Mesa) allows for a variety of uses, presenting a unique chance for creative redevelopment or retrofitting to suit diverse tenants. With a current asking price of $1,950,000 ($183.96/sq ft), a pro-forma NOI of $172,838, and a pro-forma cap rate of 8.86%, this fee-simple ownership presents significant upside potential. The property's location within a revitalized area, coupled with the presence of nine new multifamily projects within a one-mile radius, further enhances its investment appeal. This is a rare chance to acquire a piece of Mesa's history and capitalize on the area's ongoing growth. The property is a NNN lease type with fourteen units in total.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,633,000
- AI Estimate
- $1,633,000
Market price range: $1.63M - $2.76MMarket price range: $1.63M - $2.76M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,090,000 Current use
- OFFICE BUILDING
- $2,275,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,735,000 Change: -17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.835
- Latitude
- 33.4155
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,225
$0.00
$0.00
$121,294
-
$147,300
$587,816
$735,116
