1102 E University Drive, Mesa, AZ 85203 (MLS# 6902850)

1102 E University Drive, Mesa, AZ 85203

$750,000

Virtual Tour

https://dashboard.rocketlister.com/anon/website/virtual_tour/721879

Covered parking lot. University entrance.

Property Type: Comm/Industry Sale Square Footage: 3,240 Lot Size (sq. ft.): 19,901 Status: Closed

Current Price: $750,000 List Date: 8/07/2025 Last Modified: 1/01/2026

Overview

Description

Turnkey Multi-Suite Commercial Gem | ADA Compliant | Motivated Sellers Welcome to 1102 E. University Dr., Mesa, AZ — a charming & versatile commercial building with a rich history & over $239,000 in modern upgrades to meet current zoning & ADA standards. Rezoned in 2021 to Neighborhood Commercial (NC), this single-level, stucco property with red tile and flat roofing offers wide appeal for salon, medical, office, or wellness use (verify with City of Mesa zoning for list of businesses allowed ).Step into a peaceful courtyard breezeway featuring a decorative fountain beneath a skylight, river rock accents, & a drip-irrigated flower pot system — all surrounded by three gated access points & concrete ramps for seamless ADA accessibility.

Supplements: Property Highlights: 3,220 SF across 4 suites (760 SF + 760 SF + 1,700 SF) 15 covered + 4 uncovered parking spaces Flat access from parking lot to all suites Suite 1 & 2: Salon-ready with 4 stations + shampoo bowl Suite 3: Ideal for spa or wellness with 3 rooms + reception Suite 4: Plumbed for salon/medical use with 6 rooms, breakroom, storage, and ... (Read more)

Listing Details MLS# 6902850

Location, Tax & Legal

House Number: 1102
Compass: E
Street Name: University
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 8056
Country: US
County Code: Maricopa
Subdivision: None
Assessor Number: 137-05-034-F
Tax Year: 2024
Assessor's Map #: 5
Assessor's Parcel #: 34
Assessor Parcel Ltr: F
Add'l Parcels: No
Tax Municipality: Mesa
Taxes: 4827
Legal: PN 137-05-034F

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: Salon/Medical/Misc
Ttl Apx SqFt Bldg: 3240
# of Buildings: Yes
Stories: Yes
Lot Size Dimensions: 122'x154'
Year Built: 1972
Uncvrd Parking Spcs: 4
Zoning: NC
Flood Zone: No

Remarks Misc

Cross Street: Stapley & University Dr
Directions: Go West on University to Matlock, the NE corner of Matlock and University is the property! ADA accessible with ramps to all suites, lever door handles, and ADA bathroom in Suite 4!

Status Change Info

Off Market Date: 2025-12-31
Under Contract Date: 2025-11-21
Close of Escrow Date: 2025-12-30

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Phone Call: Yes

More Information

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Buyer Concession to Seller: 0

Currently Not Used

Sold Price Per SqFt: 231.48

Construction

Block: Yes
Stucco: Yes
Wood Frame: Yes

Roofing

Tile: Yes
Rolled: Yes

Floors

Concrete: Yes
Vinyl: Yes
Other: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4827
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Office: Yes
Other (See Remarks): Yes

Business Type

Barber/Beauty: Yes
Dental: Yes
Mixed: Yes
Medical: Yes
Other: Yes

Pmt & Rate Info

Equity: 750000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

8 Feet or Less: Yes

Heating

Heat Pump: Yes

Cooling

Central Air: Yes

Interior Features

Finished: Yes
Smoke Detector(s): Yes
Security Light(s): Yes
Private Restrooms: Yes

Loading Facilities

None: Yes

Road Surface Type

Asphalt: Yes

Exterior

Corner Lot: Yes
Dual Street Ftg: Yes
Sprinkler System-Ground: Yes
Landscaping: Yes
Curb(s) & Gutter(s): Yes
Sidewalk(s): Yes
Monument Sign: Yes
Security Light(s): Yes

Source of Fincl Data

Owner: Yes

Traffic Count

Unknown: Yes

Fencing

Block: Yes
Partial: Yes

Water Source

City Franchise: Yes
Master Meter: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Building Features

Accessible Entrance: Yes
Skylight(s): Yes
Security Gate: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Lot: Yes
Paved: Yes

Electric

SRP: Yes
Master Meter: Yes

Gas

None: Yes

New Financing

Cash to Loan: Yes

Special

Owner/Agent: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Use Restrictions

Existing Easement(s): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Boundary Survey Avlb: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial; Office; Other (See Remarks) Business Type: Barber/Beauty; Dental; Mixed; Medical; Other Construction: Block; Stucco; Wood Frame Roofing: Tile; Rolled Floors: Concrete; Vinyl; Other Ceiling Height: 8 Feet or Less Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Security Light(s); Private Restrooms Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Monument Sign; Security Light(s) Fencing: Block; Partial Building Features: Accessible Entrance; Skylight(s); Security Gate Parking Features: Parking Lot; Paved Electric: SRP; Master Meter Gas: None Water Source: City Franchise; Master Meter Sewer: Sewer - Public New Financing: Cash to Loan Showing Notification Methods: Text; Phone Call Lockbox Type: None Special: Owner/Agent Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: Unknown Use Restrictions: Existing Easement(s) Environmental: None

Listing Office: ProSmart Realty

Last Updated: January - 01 - 2026