1609 W UNIVERSITY Drive, Mesa, AZ 85201
$980,000
Property Type:
Comm/Industry Sale
Square Footage:
3,754
Lot Size (sq. ft.):
16,911
Status:
Closed
Current Price:
$980,000
List Date:
12/23/2023
Last Modified:
3/05/2025
Description
3,672sf Building. 16,911sf or .39 Acres at a HARD Corner with a Stop Light. 2 Miles from the 101 Freeway. Central Mesa or Urban Core...508,000+ Population. Zoned Commercial/Retail. Phase 1 Environmental Available. Report is Clean. No Underground Gas or Oil Tanks. Gasoline Tanks Removed in the Late 70's.
More Information MLS# 6619219
Contract Info
Ownership: Fee Simple
Current Price: $980,000
Sold Price: $980,000
Status: Closed
List Date: 2023-10-17
Location, Tax & Legal
Assessor's Map #: 64
Legal Description (Abbrev): TRACT A CASA MESA AMENDED LOT 1-58, 135-191, TR A MCR 008905
Assessor's Parcel #: 116
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 421303
Taxes: 6137
Legal: TRACT A CASA MESA AMENDED LOT 1-58, 135-191, TR A MCR 008905
House Number: 1609
Compass: W
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 5331
County Code: Maricopa
Subdivision: CASA MESA AMENDED LOT 1-58, 135-191, TR A
Assessor Number: 135-64-116
Tax Year: 2023
General Property Description
Type of Property: Wholesale/Retail
Ttl Apx SqFt Bldg: 3754
# of Buildings: 1
Uncvrd Parking Spcs: 10
Volts/Amps: 110/220
Year Built: 1960
Zoning: Commercial
Legal Info
Range: 5E
Section: 20
Township: 1N
Lot Number: A
Construction
Block: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Ceramic Tile: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Operating Exp: 6137
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Distribution/Warehouse: 1
Business Type
Professional/Office: 1
Warehouse: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 1210000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
14.1 Feet to 16 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Public Restrooms: 1
Loading Facilities
None: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Curb(s) & Gutter(s): 1
Pole Sign: 1
Building Sign: 1
Sidewalk(s): 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
25,001 to 35,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Showroom: 1
Sewer
Sewer - Public: 1
Railroad
Available: 1
Parking Features
Parking Lot: 1
Paved: 1
Electric
SRP: 1
220 Volts: 1
Gas
None: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Special
Incorporated Area: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Existing Easement(s): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Phase I Available: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-600-6001
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: University & Longmore
Directions: 101 Freeway to University Drive East to Longmore Street (Stop Light). Property on SWC of the Intersection.
Geo Lat: 33.421841
Geo Lon: -111.865616
Status Change Info
Off Market Date: 2023-12-23
Under Contract Date: 2023-11-28
Close of Escrow Date: 2023-12-29
Sold Price: $980,000
Property Features
Building Type: Commercial; Office; Distribution/Warehouse
Business Type: Professional/Office; Warehouse; Retail
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete; Ceramic Tile
Ceiling Height: 14.1 Feet to 16 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Public Restrooms
Exterior: Corner Lot; Dual Street Ftg; Curb(s) & Gutter(s); Pole Sign; Building Sign; Sidewalk(s)
Fencing: None
Building Features: Showroom
Parking Features: Parking Lot; Paved
Road Access Type: Alley
Electric: SRP; 220 Volts
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
Railroad: Available
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Special: Incorporated Area
Source of Fincl Data: Other (See Remarks)
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; Concrete
Traffic Count: 25,001 to 35,000
Use Restrictions: Existing Easement(s)
Environmental: Phase I Available
Documents
October 2023 Appraisal ›
Listing Office:
Valley of the Sun Real Estate
Last Updated: March - 05 - 2025
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