$9,977,000 / 4,988,500 RBN Points

Bed | Baths | 61,979 SqFt

152 N 56th St Ofc, Mesa, Arizona, 85205 | 61,979 sq.ft | $9,977,000

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About This Home

Main Highlights

Bed

Baths

61,979 SqFt

1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family

housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller offers financing with a $3.5M downpayment for qualified buyers.

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Snapshot

Price: $9,977,000

Bedrooms:

Total Baths:

Square Footage: 61,979

Acreage: 1.80

Year Built: 1974

Street Address: 152 N 56th St Ofc

City: Mesa

State: Arizona

Postal Code: 85205

County: Maricopa

Subdivision:

Listing Type: Comm/Industry Sale

Listing Status: Active

Approximate Total Liveable Area:	61979
Construction Description:	Wood Frame, Other
Dwelling Type:	Other (see Remarks), Commercial
Features:	Freight Elevator(s), Public Elevator(s), Basement, Conference Room, Exercise Room, Reception Room, Cafeteria, Kitchen, Showers - Office, Display Window(s)
Total # Of Buildings:	1
Year Built:	1974

Conforms To Zoning:	R-5
Lot Square Footage:	78317

Cross Street:	Boston & 56th St
Township:	1n

Ownership:	Fee Simple
Property Taxes:	$19,705
Tax Year:	2024

Fence:	Other, See Remarks
Parking Description:	Other, Paved, Private
Uncovered Parking Spaces:	22

Cooling System:	Other, See Remarks
Electricity:	Solar, Srp
Existing Water:	City Franchise
Has Central Air Conditioning:	Yes
Heating:	Other, See Remarks, Solar
Sewage Type:	Public Sewer