About 152 N 56th Street (unit Ofc)
1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller willing to carry with $3.5mm down. 5 year term, interest only. 6% rate
Features of 152 N 56th Street (unit Ofc)
| MLS® # | 6886777 |
|---|---|
| Price | $9,977,000 |
| Square Footage | 61,979 |
| Acres | 1.80 |
| Year Built | 1974 |
| Type | Comm/Industry Sale |
| Sub-Type | Other (See Remarks), Commercial |
| Status | Active |
Community Information
| Address | 152 N 56th Street (unit Ofc) |
|---|---|
| City | Mesa |
| County | Maricopa |
| State | AZ |
| Zip Code | 85205 |
Amenities
| Parking Spaces | 22 |
|---|---|
| Parking | Other, Paved, Private |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other, See Remarks, Solar |
|---|---|
| Cooling | Other, See Remarks |
| Fireplace | No |
Exterior
| Roof | Other |
|---|---|
| Construction | Wood Frame, Other |
Additional Information
| Zoning | R-5 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Zion Realty, LLC |
|---|