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450 N Center St 1.07 Acres of Commercial Land Offered at $1,375,000 in Mesa, AZ 85201

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Investment Highlights

  • 47,071 SF Commercial Property with 312' of Center Street Frontage
  • Downtown Historic/Redevelopment District with Great Mix of Retail, Community Centers, Parks, Churches, and Light-Rail
  • Just blocks away from the newly approved 'Cul Du Sac' development at University and Mesa Drives. (1000 residential units + amenities.
  • Great Development Opportunity for multi-use commercial/multifamily/retail
  • Located near ASU@Mesa City Center for emerging media technologies, a world-class facility with large student base
  • Flexible development potential for commercial or mixed-use concepts

Executive Summary

» 47,071 SF Commercial Property with 312' of Center Street Frontage
» All Utilities Are Available at street
» Great Development Opportunity for multi-use commercial/multi-family/retail
» Downtown Historic/Redevelopment District with Great Mix of Retail, Community Centers, Parks, Churches, Light-Rail, nearby, and the completed "ASU@Mesa City Center" for emerging media technologies, a world-class facility with large student base.
DB1 allows for a wide range of multi-residence, retail, and commercial uses.
*Project #17 by developer-Culdesac, (car-lite") , has reached a major milestone, approved Development Agreement finalized in 2025 , just East of Center Street property on University Dr. for the 27 acre project. A "cornerstone" for Downtown Development. Vibrant mixed use.

Property Facts

Price $1,375,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Fast Food
  • Restaurant
Total Lot Size 1.07 AC
Zoning DB-1 - Business, Multi-Residence, Retail, and Commercial Uses

1 Lot Available

Lot

Price $1,375,000
Price Per AC $1,279,784.07
Lot Size 1.07 AC

+1 Acres available with all utilities available at the street with DB-1 zoning.

Description

This 1.07-acre development opportunity at 450 N Center St offers a prime position in the heart of Mesa’s rapidly revitalizing central corridor. Located just minutes from Downtown Mesa, the Arizona Museum of Natural History, Mesa Arts Center, and multiple civic facilities, the site delivers strong locational advantages for developers seeking long-term value in one of the East Valley’s most active growth markets. The property sits along N Center Street, a well-traveled arterial that connects directly into Mesa’s downtown core and feeds regional commuter activity from the north side of the city. Surrounded by established neighborhoods, schools, municipal buildings, and a blend of commercial uses, the parcel benefits from consistent daily traffic and a wide variety of end-user demand profiles. Its large 1.07-acre footprint provides excellent flexibility for concepts such as retail, medical, drive-through, mixed-use, small office, or community-oriented development, subject to city approvals. Mesa remains one of the fastest-growing cities in the country, driven by strong population inflows, steady job expansion, high household formation, and continuous infrastructure investment. The area’s extensive transit network, including proximity to light-rail service, enhances accessibility and supports diverse project feasibility. With continued revitalization efforts underway, sites of this size and positioning within central Mesa are increasingly rare.

Walk Score®
Very Walkable (76)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
137-26-043G
Land Assessment
$43,485
Improvements Assessment
$0
Total Assessment
$43,485
  • Listing ID: 31467940

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 450 N Center St, Mesa, AZ 85201

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