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32 S Macdonald 3,960 SF 100% Leased Retail Building Mesa, AZ 85210 $812,000 ($205.05/SF)
INVESTMENT HIGHLIGHTS
- Downtown Core (DC) zoning allows for commercial, mixed-use, office, retail, and multifamily redevelopment
- Located in the heart of Mesa’s revitalized urban core, with direct access to Main Street, civic amenities, and light rail connectivity.
EXECUTIVE SUMMARY
32 South MacDonald in Mesa, AZ presents a compelling urban redevelopment opportunity in the heart of Downtown Mesa’s rapidly evolving core. The property, currently vacant, 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
Sale Type
Investment or Owner User
Property Type
Building Size
3,960 SF
Year Built
1961
Price
$812,000
Price Per SF
$205.05
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.76
Lot Size
0.12 AC
Opportunity Zone
Yes
Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
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32 S Macdonald
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