121 W UNIVERSITY Drive, Mesa, AZ 85201 (MLS# 7062872)

121 W UNIVERSITY Drive, Mesa, AZ 85201

New Listing

$1,100,000

Property Type: Comm/Industry Sale Square Footage: 1,596 Lot Size (sq. ft.): 4,310 Status: Active

Current Price: $1,100,000 List Date: 8/05/2026 Last Modified: 8/05/2026

Overview

Description

Located in the West 2nd Historic District of downtown Mesa, fronting University Ave are these two quaint historic homes converted to professional offices. Two blocks north of Main Street, it is only steps from the heart of a revitalizing downtown Mesa. Sale includes 109 W University as well. | Two Historic Homes Converted to Modern Offices 109 University (2,400 SF) Build out Includes: Reception, 2 Offices, Conference Room, Kitchen, Copy/File Room, and Restroom with 2 Showers. Additional Office located in the upper level of the second building. 121 University (1,350 SF) Build out Includes: Main Room/Bullpen, 2 Offices, Restroom, Kitchen and Basement. Storage Shed Located in the Yard.

Listing Details MLS# 7062872

Location, Tax & Legal

House Number: 121
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 5828
Country: US
County Code: Maricopa
Subdivision: MESA ARIZONA
Assessor Number: 138-58-033
Tax Year: 2025
Assessor's Map #: 58
Legal Description (Abbrev): MESA PT LOT 1 BLK 53 BEG AT PT 151.4' W OF NE COR LOT 1 W 60' S 85.1' TO COR E 60' TH N 85.2'
Assessor's Parcel #: 33
Add'l Parcels: Yes
Tax Municipality: Mesa
Census Tract: 421400
Taxes: 1815
Legal: MESA PT LOT 1 BLK 53 BEG AT PT 151.4' W OF NE COR LOT 1 W 60' S 85.1' TO COR E 60' TH N 85.2'

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: Flexible Use
Ttl Apx SqFt Bldg: 1596
# of Buildings: 2
Lot Size Dimensions: 84x59
Year Built: 1935
Uncvrd Parking Spcs: 10
Zoning: DB-1
Stories: 0

Remarks Misc

Cross Street: Center St & University Dr
Directions: East on University. Properties on corner SW of Macdonald and University.

Legal Info

Township: 1N
Range: 5E
Section: 22
Lot Number: Yes

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes

More Information

Currently Not Used

Sold Price Per SqFt: 689.22

Construction

Block: Yes
Stucco: Yes
Other: Yes

Roofing

Composition: Yes

Floors

Wood: Yes
Ceramic Tile: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1815
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Office: Yes

Business Type

Barber/Beauty: Yes
Dental: Yes
Mixed: Yes
Religious Facility: Yes
Restaurant: Yes
Medical: Yes
Recreation: Yes
Professional/Office: Yes
Retail: Yes
Food Service: Yes
Bar/Tavern/Lounge: Yes

Pmt & Rate Info

Equity: 1100000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

8.1 Feet to 10 Feet: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes
Other: Yes
See Remarks: Yes

Interior Features

Other (See Remarks): Yes

Loading Facilities

None: Yes

Exterior

Corner Lot: Yes
Dual Street Ftg: Yes
Building Sign: Yes

Source of Fincl Data

Owner: Yes

Fencing

Block: Yes

Water Source

City Franchise: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Building Features

Basement: Yes
Kitchen: Yes
Showers - Office: Yes

Sewer

Sewer - Public: Yes

Parking Features

Paved: Yes

Electric

City Electric: Yes

Gas

City Gas: Yes

New Financing

Cash Only: Yes
Owner May Carry: Yes
1031 Exchange: Yes
Trade: Yes

Special

Owner/Agent: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Office Business Type: Barber/Beauty; Dental; Mixed; Religious Facility; Restaurant; Medical; Recreation; Professional/Office; Retail; Food Service; Bar/Tavern/Lounge Construction: Block; Stucco; Other Roofing: Composition Floors: Wood; Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air; Other; See Remarks Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Corner Lot; Dual Street Ftg; Building Sign Fencing: Block Building Features: Basement; Kitchen; Showers - Office Parking Features: Paved Electric: City Electric Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Owner May Carry; 1031 Exchange; Trade Showing Notification Methods: Text; Email Lockbox Type: None Special: Owner/Agent Source of Fincl Data: Owner Environmental: None

Listing Office: Cluff Real Estate LLC

Last Updated: August - 05 - 2026