124 W 1ST Street
Mesa, AZ, 85201 $ 1,300,000
Bedrooms-- Baths-- Sq 2,805 Monthly Estimate*
$ 8,004
for $1,300,000. This 2,805 square foot building was built in 1912 on a lot size of 0.88.
This is NOT a typical Downtown Mesa property. Set on nearly an acre in the Historic District, 124 W 1st Street is a rare multi-home compound that blends historic character, flexible use, and creative potential in a way that is nearly impossible to replicate. Originally built in 1912, the property features three detached residential homes totaling 2,805 square feet with 4 bedrooms, 3 bathrooms, and a loft, creating a unique live/work or multi-use environment unlike anything else currently on the market. With DB-1 and DR-2 zoning, Opportunity Zone designation, and an expansive 38,134 sq ft lot, the property offers flexibility for buyers with vision while preserving the authenticity and charm that define Downtown Mesa. Properties with this combination of location, flexibility, and character rarely come to market, and when they do, they tend to attract buyers who recognize the opportunity quickly. Rather than fitting into a single category, this is a space for vision, creativity, and possibility, set in one of Downtown Mesa's most dynamic locations. For buyers looking for something that stands apart from the ordinary, 124 W 1st Street offers a rare chance to shape something truly their own. The 3 separate buildings are configured as follows: 1 Bedroom / 1 Bath 575 sf, 2 Bedroom / 1 Bath 927 sf, 1 Bedroom / 1 Bath / with Loft 1303 sf. | Property has a well with 1 -3000 gallon storage tank. The Property also has a split form code overlay, the first approximately 175-180' of frontage is zoned T4-NF(T4 Neighborhood Flex) Building code form and the remaining portion has a T3-NF(T3 Neighborhood Flex) Building code form.
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FeaturesGeneralSewer Sewer-In & Connected Public Sewer
Heating 2 or More Units Electric Natural Gas
Cooling Ceiling Fan(s) Central Air
Roof Composition
Zoning DB-1 DB-2
Security Features Smoke Detector(s)
Construction Materials Stucco Block Brick
Year Built 1912
Electric City Electric
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Business Type Other
County Maricopa
Net Operating Income 0.0
New Construction N
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name MESA CITY ARIZONA
Building Features Patio/Deck Accessible Entrance
Status Active
Directions East on First Street from Country Club to home on North Side of the Road.
City Mesa
Disclosures None
Open Parking Spaces 6.0
Lot Size Units Square Feet
Lot Size Square Feet 38134.0
Carport Y/N N
Tax Annual Amount 3800.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Other (See Remarks) Commercial
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
Senior Community N
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InteriorFlooring Laminate Wood
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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ExteriorFencing Other See Remarks
Parking Features Other
Water Source City Franchise Shared Well
Total Parking 9.0
Lot Size Area 38134.0
Number of Buildings 3
Spa N
Lot Size Acres 0.88
Covered Spaces 3.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Integrity FirstBroker
mike@mikewidmerteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,004
- Monthly Property Taxes
- $317
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbyCommerical listings in Mesa, AZ
Average List Price $1,613,314
Percent of Sale Price 24%
About Mesa, AZ 497,111 Population
24% Since 2002
$ 51,369 Median Income
36.48 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $1,300,000 | | Listed Price |