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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

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.

More Information MLS# 7034185

Contract Info

Ownership: Fee Simple Current Price: $4,975,000 List Price: $4,975,000 Status: Active List Date: 2026-05-27

Location, Tax & Legal

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 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

General Property Description

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

Currently Not Used

Sold Price Per SqFt: 80.27

Legal Info

Range: 6E Section: 23 Township: 1N Lot Number: TBD

Construction

Wood Frame: 1

Roofing

Other: 1

Floors

Laminate: 1 Concrete: 1 Vinyl: 1

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: 1

Business Type

Medical: 1

Pmt & Rate Info

Equity: 4975000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Combo: 1

Ceiling Height

12.1 Feet to 14 Feet: 1

Heating

Forced Air: 1

Cooling

Central Air: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

Other (See Remarks): 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Parking Lot: 1 Private: 1 Paved: 1 Off Street: 1

Electric

SRP: 1 Solar: 1

Gas

SW Gas: 1

New Financing

Cash to Loan: 1 Owner May Carry: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: E Universoty and N 56th St Geo Lat: 33.418901 Geo Lon: -111.711103

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
Listing Office: W and Partners, LLC
IDX
Last Updated: June - 18 - 2026
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