155 2nd Ave - Commercial LAND FOR SALE


Mesa, AZ 85210- Downtown Mesa67,919 SF
$3,000,000 USD
480-440-4403
155 2nd Ave, Mesa, AZ for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/5
67,919 SF

155 2nd Ave
Mesa, AZ 85210
Downtown Mesa


HIGHLIGHTS

  • Capacity: 60 Stacked Multifamily Units (42 2-Bedroom / 2-Bathroom Units & 18 1-Bedroom / 1-Bathroom Units Averaging ~740 SF)
  • Approval Status: Preliminary Site Plan & Architectural Plans Completed (Buyer Can Adopt Existing or Propose New Designs)
  • Planned Amenities: Central Courtyard With Pool, Turfed Recreation Areas, BBQ/Picnic Areas, & Secure Covered Parking
  • Investor Incentives: Located Within a Certified Opportunity Zone (OZ) & Qualified Census Tract (QCT), Offering Significant Tax Incentives (May 2026)
  • Downtown Walkability: Steps Away From Local Breweries, Dining, the Mesa Arts Center, & the Historic Robson District
  • Transit-Oriented: Walk to Valley Metro Bus Stop and Valley Metro Light Rail Station, & 10 Minutes to Phoenix Sky Harbor International Airport

OVERVIEW

Unlock the potential of Downtown Mesa with this shovel-ready, 60-unit residential development opportunity. Strategically located in a certified Opportunity Zone (QCT) as of May 2026, this three-story, transit-oriented project offers rapid development potential with preliminary site plans and architectural plans already approved. Positioned in the heart of the ongoing Downtown Mesa revitalization, this project offers high ROI potential for a new build in a high-demand rental market. DEVELOPMENT HIGHLIGHTS • Capacity: 60 Stacked Multifamily Units (42 2-Bedroom /2-Bathroom Units & 18 1-Bedroom / 1-Bathroom Units Averaging~740 SF) • Approval Status: Preliminary Site Plan & Architectural Plans Completed (Buyer Can Adopt Existing or Propose New Designs) • Planned Amenities: Central Courtyard With Pool, Turfed Recreation Areas, BBQ/Picnic Areas, & Secure Covered Parking • Investor Incentives: Located Within a Certified Opportunity Zone (OZ) & Qualified Census Tract (QCT), Offering Significant Tax Incentives as of May 2026 UNBEATABLE LOCATION & ACCESSIBILITY • Downtown Walkability: Steps away from Local Breweries, Dining, the Mesa Arts Center, & the Historic Robson District Blending Cultural Charm With Urban Energy. • Transit-Oriented: Located 0.13 miles (3 Minute Walk) From the Valley Metro Bus (Main Street / Macdonald stop), 0.3 Miles (6-8 Minute Walk) From the Valley Metro Light Rail (Country Club / Main Street), & Approximately 10 Minutes to Phoenix Sky Harber International Airport. THE "MESA 60" ADVANTAGE This 3-story development serves the high demand for modern, attainable housing in a growing, walkable urban environment. The site is designed for luxury modern living featuring in-suite laundry, spacious floor plans, and private balconies / patios.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$1,924,024/AC

PRICE/SF

$44 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Downtown Mesa 60 - Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

1.56 AC

LAND SF

67,920 SF

OFFSITE IMPROVEMENTS

-

ZONING

DR-3, Mesa

APN/PARCEL ID

138-51-007A,138-51-010B,138-51-012A

ASK ABOUT THIS PROPERTY

Natan JacobsABI MultifamilyMore Info
480-440-4403

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Natan JacobsABI MultifamilyMore Info
480-440-4403

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.