152 N 56TH Street, OFC, Mesa, AZ 85205
$9,977,000
Property Type:
Comm/Industry Sale
Square Footage:
61,979
Lot Size (sq. ft.):
78,317
Status:
UCB (Under Contract-Backups)
Current Price:
$9,977,000
List Date:
6/30/2025
Last Modified:
9/04/2025
Description
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.
More Information MLS# 6886777
Contract Info
Ownership: Fee Simple
Current Price: $9,977,000
List Price: $9,977,000
Status: UCB (Under Contract-Backups)
List Date: 2025-06-30
Location, Tax & Legal
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: 19705
Legal: N 270F OF E 329.20F OF N2 S2 NW4 EX E 40F RD
House Number: 152
Compass: N
Street Name: 56TH
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85205
Zip4: 8721
County Code: Maricopa
Assessor Number: 141-77-059-E
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 61979
# of Buildings: 1
Uncvrd Parking Spcs: 22
Flood Zone: No
Year Built: 1974
Zoning: R-5
Legal Info
Range: 6E
Section: 23
Township: 1N
Lot Number: -
Construction
Wood Frame: 1
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 19705
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Service Business: 1
Restaurant: 1
Medical: 1
Other: 1
See Remarks: 1
Pmt & Rate Info
Equity: 9977000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
Combo: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Solar: 1
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Loading Facilities
Other (See Remarks): 1
Interior
Security Light(s): 1
Phone System: 1
Public Restrooms: 1
Other (See Remarks): 1
Exterior
Corner Lot: 1
Sprinkler Sys-Ground: 1
Landscaping: 1
Security Light(s): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Amenities
Freight Elevator(s): 1
Public Elevator(s): 1
Basement: 1
Conference Room: 1
Exercise Room: 1
Reception Room: 1
Cafeteria: 1
Kitchen: 1
Showers - Office: 1
Display Window(s): 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Paved: 1
Other: 1
Electric
SRP: 1
Solar: 1
Gas
SW Gas: 1
Master Meter: 1
High Pressure: 1
New Financing
Owner May Carry: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: Boston & 56th St
Geo Lat: 33.418898
Geo Lon: -111.711098
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Mixed; Service Business; Restaurant; Medical; Other; See Remarks
Construction: Wood Frame; Other
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Solar; Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Security Light(s); Phone System; Public Restrooms; Other (See Remarks)
Exterior: Corner Lot; Sprinkler Sys-Ground; Landscaping; Security Light(s)
Fencing: Other; See Remarks
Amenities: Freight Elevator(s); Public Elevator(s); Basement; Conference Room; Exercise Room; Reception Room; Cafeteria; Kitchen; Showers - Office; Display Window(s)
Parking Features: Private; Paved; Other
Electric: SRP; Solar
Gas: SW Gas; Master Meter; High Pressure
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Owner May Carry
Showing Notification Methods: Text; Phone Call
Lockbox Type: Combo
Source of Fincl Data: Other (See Remarks)
Environmental: None
Documents
marketing brochure ›Listing Office: Zion Realty, LLC
Last Updated: September - 04 - 2025
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