1550 E UNIVERSITY Drive # L1,2,3 Mesa, AZ ^$ 350,000

1550 E UNIVERSITY Drive # L1,2,3

^$ 350,000

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1550 E UNIVERSITY Drive # L1,2,3

Mesa, AZ, 85203

^$ 350,000

Bedrooms-- Baths-- Sq 1,998

Monthly Estimate*

^$ 2,184

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Commercial Property for sale in Mesa, AZ

for $350,000. This 1,998 square foot building was built in 1976 on a lot size of 0.05.

Exceptional opportunity to own a versatile commercial building featuring three separate office suites, each with its own private bathroom. This well-maintained property includes a 645 sq ft office on L1, a spacious 721 sq ft suite on L2, and a 632 sq ft office on L3. Each unit is self-contained—ideal for owner-users, investors, or those seeking a flexible multi-tenant setup. Whether you're looking to occupy one space and lease the others, or secure a fully leased investment, this property offers endless potential in a prime location.

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 2,030

Style

Comm/Industry Sale

Lot Size

0.05

Year Built

1976

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6879584

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Heat Pump

Roof Foam

Zoning C2

Construction Materials Brick

Year Built 1976

Electric SRP

Township 1N

Unit Number L1 2 3

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 0.0

Business Type Mixed Office Supply Other

County Maricopa

Net Operating Income 0.0

Operating Expense 9530.42

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name Stapley Dr and University Dr

Building Features Reception Room

Status Active

Directions On Stapley Dr turn east onto University Dr. Property on the north side.

City Mesa

Disclosures Seller Prop Disc Stm

Open Parking Spaces 0.0

Lot Size Units Square Feet

Lot Size Square Feet 1998.0

Carport Y/N N

Tax Annual Amount 2030.42

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Office

Standard Status Active

Occupancy Type Vacant

Tax Lot 9 10 11

Senior Community N

Interior

Flooring Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Fencing Block

Parking Features Free

Water Source City Franchise

Total Parking 0.0

Lot Size Area 1998.0

Number of Buildings 3

Spa N

Lot Size Acres 0.05

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1550

* Excluded Features

List By

Desert River Realty

Broker

llew@drrphx.com

Affordability Calculator

$2,353

Per Month

Monthly Principal & Interest: $2,184
Monthly Property Taxes: $169
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Mesa, AZ

Average List Price ^$1,996,062

Percent of Sale Price 470%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/13/2025	$350,000		Listed Price

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1550 E UNIVERSITY Drive # L1,2,3, Mesa, AZ, 85203 is a Commercial Property for sale at $350,000 with 1,998 sqft and a lot size of 0.05. 1550 E UNIVERSITY Drive # L1,2,3 was built in 1976. The property's zip code is 85203 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/13/2025.

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1550 E UNIVERSITY Drive # L1,2,3

Commercial Property for sale in Mesa, AZ

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