152 N 56TH Street OFC, Mesa, AZ 85205

$4,975,000
Property Type: Comm/Industry Sale Square Footage: 61,979 Lot Size (sq. ft.): 78,317 Status: Active
Current Price: $4,975,000 List Date: 5/28/2026 Last Modified: 6/18/2026

Overview

Description

152 N 56th Street is a 78 unit, ±61,969 SF property on 1.79 acres in East Mesa. Formerly Copper Heights Assisted Living, the vacant asset is zoned R-5 (buyer to verify permitted uses). Currently in shell condition following interior demolition, the property offers redevelopment potential for multifamily, assisted living, memory care, behavioral health, or other uses subject to buyer verification and applicable approvals. The two story building with a full basement includes 78 units (30 one-bedrooms and 48 studios with private baths), large common areas, partial commercial kitchen infrastructure, and rooftop solar. Located in a growing East Mesa corridor. Seller financing may be available to qualified buyers.

Listing Details MLS# 7034185

Location, Tax & Legal

House Number
152
Compass
N
Street Name
56TH
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
8721
Country
US
County Code
Maricopa
Assessor Number
141-77-059-E
Tax Year
2025
Unit #
OFC
Assessor's Map #
77
Legal Description (Abbrev)
N 270F OF E 329.20F OF N2 S2 NW4 EX E 40F RD
Assessor's Parcel #
59
Assessor Parcel Ltr
E
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
420214
Taxes
19725
Legal
N 270F OF E 329.20F OF N2 S2 NW4 EX E 40F RD

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
61979
# of Buildings
78
Year Built
1974
Zoning
R-5
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
E Universoty and N 56th St

Legal Info

Township
1N
Range
6E
Section
23
Lot Number
TBD

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Currently Not Used

Sold Price Per SqFt
80.27

Construction

Wood Frame
Yes

Roofing

Other
Yes

Floors

Laminate
Yes
Concrete
Yes
Vinyl
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
19725
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes

Business Type

Medical
Yes

Pmt & Rate Info

Equity
4975000
Total Owed
0

Lockbox Type

Combo
Yes

Ceiling Height

12.1 Feet to 14 Feet
Yes

Heating

Forced Air
Yes

Cooling

Central Air
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Lot
Yes
Private
Yes
Paved
Yes
Off Street
Yes

Electric

SRP
Yes
Solar
Yes

Gas

SW Gas
Yes

New Financing

Cash to Loan
Yes
Owner May Carry
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Medical Construction: Wood Frame Roofing: Other Floors: Laminate; Concrete; Vinyl Ceiling Height: 12.1 Feet to 14 Feet Heating: Forced Air Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: None Parking Features: Parking Lot; Private; Paved; Off Street Electric: SRP; Solar Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry Lockbox Type: Combo Source of Fincl Data: Owner Environmental: None
IDX
Listing Office: W and Partners, LLC
Last Updated: June - 18 - 2026
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