For Sale
$7,995,000

1902 Main StMesa, AZ 85203

Prime Mesa location, multi-use potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional redevelopment opportunity encompasses six parcels totaling 1.34 to 1.66 acres situated at the high-traffic intersection of East Main Street and North Gilbert Road in Mesa, Arizona. The property features a combined 419,240 square feet of net rentable space, with existing structures totaling 57,839 to 288,545 square feet, built in 1975. The site benefits from a C-3 zoning designation, allowing for a wide range of development options, including multifamily, office, medical, or mixed-use projects. The land value is $142.52 per square foot. The property's prime location offers excellent visibility and accessibility, with proximity to the Valley Metro Light Rail. This presents a unique chance to capitalize on Mesa's growth and create a thriving development in a vibrant, established area. The individual parcel numbers are 138-04-001Q, 138-04-001M, and 138-04-001L. The asking price for this significant investment is $7,995,000. This is a rare opportunity to acquire a large, strategically located parcel in a rapidly developing area of Mesa.

Highlights

  • High-visibility Main Street and Gilbert Road frontage.
  • Prime location in central Mesa.
  • Excellent accessibility via the adjacent Valley Metro Light Rail.
  • 1902 E Main Street, Parcel Number 138-04-001C, 58,570 SF lot (1.34 acres).
  • 1928 E Main Street, Parcel Number 138-04-001M, 72,125 SF lot (1.66 acres).
  • 1936 E Main Street, Parcel Number 138-04-001L, 288,545 SF lot (6.62 acres).

Property Details for 1902 Main St

Property type
Retail properties, Office properties
Square Feet
57,839 SF
Year Built
1975
Lot Size (sq. ft)
58,370 SF

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.41545032
Longitude
-111.79011943
1902 Main St, Mesa, Arizona

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1902 Main St
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