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20, 32 & 36 S Macdonald 3 Properties Offered at $3,055,000 in Mesa, AZ
Investment Highlights
- Prime Downtown Mesa Location
- High-Growth Urban Submarket
- Located in an Opportunity Zone
- Flexible Downtown Core Zoning with Adaptive Reuse Upside
- Established Demand for Creative Office and Retail
Executive Summary
20, 32 & 36 South MacDonald in Mesa, AZ presents a compelling urban redevelopment opportunity in the heart of Downtown Mesa’s rapidly evolving core. The offering consists of adjacent parcels totaling ±0.51 acres with approximately 21,421 SF of historic improvements set within flexible Downtown Core (DC) zoning. The property, currently used for congregate residential and office functions, will require a comprehensive gut renovation to reposition the asset for modern mixed-use, retail, and/or office tenants.
Strategically located near Main Street, government facilities, cultural amenities, and Valley Metro light rail, the property is ideally configured for adaptive reuse. As-is, the portfolio benefits from significant underlying land value, urban walkability, and robust demand drivers for mixed-use product in a downtown environment undergoing substantial revitalization.
Strategically located near Main Street, government facilities, cultural amenities, and Valley Metro light rail, the property is ideally configured for adaptive reuse. As-is, the portfolio benefits from significant underlying land value, urban walkability, and robust demand drivers for mixed-use product in a downtown environment undergoing substantial revitalization.
Property Facts
| Price | $3,055,000 | Number of Properties | 3 |
| Price / SF | $147.69 / SF | Individually For Sale | 3 |
| Sale Type | Investment or Owner User | Total Building Size | 20,685 SF |
| Status | Active | Total Land Area | 0.38 AC |
| Price | $3,055,000 |
| Price / SF | $147.69 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 20,685 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 20 S Macdonald, Mesa, AZ 85210 | Multifamily | 12,765 SF | 1900 | $2,334,000 |
| 32 S Macdonald, Mesa, AZ 85210 | Retail | 3,960 SF | 1961 | $812,000 |
| 36 S Macdonald, Mesa, AZ 85210 | Retail | 3,960 SF | 1961 | $812,000 |
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20, 32 & 36 S Macdonald
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