152 N 56TH Street OFC, Mesa, AZ 85205 (MLS# 7034185)

152 N 56TH Street OFC, Mesa, AZ 85205

$4,450,000

Property Type: Comm/Industry Sale Square Footage: 61,979 Lot Size (sq. ft.): 78,317 Status: Active

Current Price: $4,450,000 List Date: 5/28/2026 Last Modified: 6/30/2026

Overview

Description

152 N 56th Street is a 78 unit, ±61,969 SF property on 1.79 acres in East Mesa. Formerly Copper Heights Assisted Living, the vacant asset is zoned R-5 (buyer to verify permitted uses). Currently in shell condition following interior demolition, the property offers redevelopment potential for multifamily, assisted living, memory care, behavioral health, or other uses subject to buyer verification and applicable approvals. The two story building with a full basement includes 78 units (30 one-bedrooms and 48 studios with private baths), large common areas, partial commercial kitchen infrastructure, and rooftop solar. Located in a growing East Mesa corridor. Seller financing may be available to qualified buyers.

Listing Details MLS# 7034185

Location, Tax & Legal

House Number: 152
Compass: N
Street Name: 56TH
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 8721
Country: US
County Code: Maricopa
Assessor Number: 141-77-059-E
Tax Year: 2025
Unit #: OFC
Assessor's Map #: 77
Legal Description (Abbrev): N 270F OF E 329.20F OF N2 S2 NW4 EX E 40F RD
Assessor's Parcel #: 59
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 420214
Taxes: 19725
Legal: N 270F OF E 329.20F OF N2 S2 NW4 EX E 40F RD

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 61979
# of Buildings: 78
Year Built: 1974
Zoning: R-5
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: E Universoty and N 56th St

Legal Info

Township: 1N
Range: 6E
Section: 23
Lot Number: TBD

Showing Notification Methods

Showing Service: Aligned Showings

More Information

Currently Not Used

Sold Price Per SqFt: 71.8

Construction

Wood Frame: Yes

Roofing

Other: Yes

Floors

Laminate: Yes
Concrete: Yes
Vinyl: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 19725
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes

Business Type

Medical: Yes

Pmt & Rate Info

Equity: 4975000
Total Owed: 0

Lockbox Type

Combo: Yes

Ceiling Height

12.1 Feet to 14 Feet: Yes

Heating

Forced Air: Yes

Cooling

Central Air: Yes

Interior Features

Other (See Remarks): Yes

Loading Facilities

Other (See Remarks): Yes

Source of Fincl Data

Owner: Yes

Fencing

None: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Lot: Yes
Private: Yes
Paved: Yes
Off Street: Yes

Electric

SRP: Yes
Solar: Yes

Gas

SW Gas: Yes

New Financing

Cash to Loan: Yes
Owner May Carry: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial Business Type: Medical Construction: Wood Frame Roofing: Other Floors: Laminate; Concrete; Vinyl Ceiling Height: 12.1 Feet to 14 Feet Heating: Forced Air Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: None Parking Features: Parking Lot; Private; Paved; Off Street Electric: SRP; Solar Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry Lockbox Type: Combo Source of Fincl Data: Owner Environmental: None

Listing Office: W and Partners, LLC

Last Updated: June - 30 - 2026

152 N 56TH Street OFC, Mesa, AZ 85205 (MLS# 7034185)