Back to search
1840 W SOUTHERN Avenue Mesa, AZ $ 2,900,000
Share Save
$ 2,900,000 Get more info
1840 W SOUTHERN Avenue
$ 2,900,000
Back to search
Share Save

1840 W SOUTHERN Avenue

Mesa, AZ, 85202
$ 2,900,000
Bedrooms-- Baths-- Sq 16,201

Monthly Estimate*

$ 18,092

1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 1
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 2
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 3
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 4
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 5
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 6
1840 W SOUTHERN Avenue, Mesa, AZ 85202 - Image 7

Commercial Property for sale in Mesa, AZ

for $2,900,000. This 16,201 square foot building was built in 1976 on a lot size of 1.26.

Back on Market 6/18! Location is exceptional just across from Mesa Community College, at Dobson just west is the Banner Desert Medical Campus and to the east is Fiesta Mall Redefined which is approved for 4,000 new housing units, 1.85 million sq. ft. of mixed use retail, restaurants and office with 500k sq. ft. of open space in the 80 acre master plan. This ''value add'' 16,200 +- center is presently 80% occupied with room to improve income and value. Approx present $156k NOI.

See more
Commercial Active

Price

$ 2,900,000

Property Type

Commercial

Taxes

$ 22,654

Style

Comm/Industry Sale

Lot Size

1.26

Year Built

1976

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6867397
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Roof Built-Up
Zoning LC
Construction Materials Stucco Block
Year Built 1976
Electric APS
Township 1N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 4577100.0
Business Type Retail
County Maricopa
Net Operating Income 156000.0
Operating Expense 22654.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name COLLEGE PLAZA LOTS 1 THROUGH 4
Status Active
Directions Just east of Dobson on the north side of the street
City Mesa
Disclosures None
Open Parking Spaces 102.0
Lot Size Units Square Feet
Lot Size Square Feet 54886.0
Carport Y/N N
Tax Annual Amount 22654.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Commercial
Standard Status Active
Occupancy Type Tenant
Tax Lot 3
Cap Rate 5.2
Senior Community N
See more
Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
See more
Exterior
Fencing Block
Parking Features Parking Lot Paved
Water Source City Franchise
Total Parking 102.0
Lot Size Area 54886.0
Number of Buildings 1
Spa N
Lot Size Acres 1.26
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 1840
See more
* Excluded Features
List By
Az Brokerage Holdings, Llc

Broker

bill@wpclarkson.com

Email

Affordability Calculator

$19,980
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,092
Monthly Property Taxes
$1,888
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/19/2025$2,900,000 -3.33% Price Down
5/16/2025$3,000,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1840 W SOUTHERN Avenue, Mesa, AZ, 85202 is a Commercial Property for sale at $2,900,000 with 16,201 sqft and a lot size of 1.26. 1840 W SOUTHERN Avenue was built in 1976. The property's zip code is 85202 which is in Mesa, AZ

Get more info