NEW! Buy and sell safely with virtual options - Learn More
About the Listing wandp001 - mm1294,bw280
152 N 56th Street is a rare opportunity to acquire a 78 unit, ±61,969 SF building on 1.79 acres in the heart of East Mesa. Formerly Copper Heights Assisted Living, the vacant property is zoned R-5, permitting high density multifamily use. Offered in shell condition following interior demolition by prior ownership, the asset provides a clean canvas to reposition as multifamily housing, assisted living, behavioral health, memory care, or other compatible residential use. The two story building over a full basement features 78 units (30 one bedrooms and 48 studios) with private bathrooms, two large recreation and dining areas, partially intact basement commercial kitchen infrastructure, and rooftop solar. The site's expired Special Use Permit for licensed assisted living provides meaningful precedent for a new SUP. Located in a rapidly growing East Mesa corridor with strong senior population growth and sustained rental demand, this is a rare large scale repositioning opportunity in one of Arizona's most supply constrained submarkets.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Commercial Sale
MLS ®
7034185
Year Built
1974
Total Square Footage
61,979
Lot/Acreage
1.8
County
Maricopa
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate,Vinyl,Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City Franchise
Exterior Details
- Garage Capacity: N/A
- Roof: Other
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Parking Lot,Paved,Private
Financial Details
- Tax Amount: $19,725
- Taxes w/Assessments: N/A
- Tax/Property ID: 141-77-059-E
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
152 N 56th Street Ofc Mesa, AZ 85205
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
