AZ > Mesa > Clement Place
Mesa, AZ 85201,840 W UNIVERSITY Drive
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Mesa, AZ 85201,840 W UNIVERSITY Drive
Mesa, AZ 85201,840 W UNIVERSITY Drive
Mesa, AZ 85201,840 W UNIVERSITY Drive
Mesa, AZ 85201,840 W UNIVERSITY Drive
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Destanie Gardner

Destanie Gardner

Real Brokerage

+1(480) 331-8792
$ 1,195,000
Est. payment /mo
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840 W UNIVERSITY Drive Mesa, AZ 85201

0.52 Acres Lot

UPDATED:

03/12/2025 10:51 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Clement Place

MLS Listing ID 6834216

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1973

Annual Tax Amount $8,097

Tax Year 2024

Lot Size 0.522 Acres

Acres 0.52

Property Description

Exceptional investment opportunity in the heart of a thriving business district across the street from a huge strip mall with many restaurants and services. This is a remarkable commercial strip mall for for the savvy investor as offices (what they are now)- or to use as a value add project and make apartments. Strategically located with immense potential and already has lucrative returns as office space. - Could also be a prime retail destination as well as apartment living. 11 Units (1-2story large chiropractic office rented) 2- single level offices with a total of 9 bathrooms (2-exterior accessed bathrooms)1 of the units is rented for 1500/mo, and the large 2 story chiropractic office is rented for 3500/mo. The property was in a long eviction court proceeding from previous owner and

Location

State AZ

County Maricopa

Community Clement Place

Zoning M-H

Direction East on University to property on corner lot of N Extension/University

Interior

Heating Electric

Cooling Central Air

Flooring Concrete

Exterior

Parking Features Private

Fence None

Roof Type Foam,Rolled/Hot Mop

Total Parking Spaces 27

Building

Dwelling Type Commercial,Office

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 135-27-011-B

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Raymond E Whitby
agent

Destanie Gardner

Realtor

+1(480) 331-8792

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840 W UNIVERSITY Drive