550 N Center St, Mesa, AZ 85201
For Sale
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This exceptional commercial property, located at 550 N Center Street in Mesa, Arizona (zip code 85201), presents a unique investment opportunity. The property consists of a 1,400 square foot building situated on a sizable 6,800 square foot lot. Built in 1947 and renovated in 2016, the single-story Class B building boasts numerous upgrades, including energy-efficient lighting and windows, a 200-amp electrical box, vaulted ceilings, and a concrete floor. Central heating and air conditioning ensure year-round comfort. The property is zoned for multi-family use (MF) and offers a myriad of potential uses, ideal for a small business or office space. A key advantage is its convenient location, within walking distance of the Oakland A's training facility. This sale includes an adjacent vacant lot, significantly increasing the overall property value and potential for future development. The asking price for this property is $440,000. The property is being sold by the owner.
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Voice of Pentecost Apostoltic Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.