AZ
Maricopa
Mesa
85205
152 N 56TH Street OFC
152 N 56TH Street OFC, Mesa, AZ 85205
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Listing Type
Commercial/Industrial
Listing Status
Active
32
$4,975,000

Home Details for 152 N 56TH Street OFC

Price
$4,975,000
Type
Commercial Sale
Square feet
61979
Year built
1974
Lot size acres
1.8
County
Maricopa
Days on site
4
Listing #
7034185
Listing Courtesy: W and Partners, LLC - 602-828-5767
Property Description

152 N 56th Street is a rare opportunity to acquire a 78 unit, ±61,969 SF building on 1.79 acres in the heart of East Mesa. Formerly Copper Heights Assisted Living, the vacant property is zoned R-5, permitting high density multifamily use. Offered in shell condition following interior demolition by prior ownership, the asset provides a clean canvas to reposition as multifamily housing, assisted living, behavioral health, memory care, or other compatible residential use. The two story building over a full basement features 78 units (30 one bedrooms and 48 studios) with private bathrooms, two large recreation and dining areas, partially intact basement commercial kitchen infrastructure, and rooftop solar. The site's expired Special Use Permit for licensed assisted living provides meaningful precedent for a new SUP. Located in a rapidly growing East Mesa corridor with strong senior population growth and sustained rental demand, this is a rare large scale repositioning opportunity in one of Arizona's most supply constrained submarkets.

Property Features
  • Parking
    • Off Street
    • Parking Lot
    • Paved
    • Private
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
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Last Updated: 2026-05-28 14:17:16
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610 N. Alma School Rd #18, Chandler, AZ 85224
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