20 S Macdonald - Apartments FOR SALE


Mesa, AZ 85210- Downtown Mesa
$1,988,000 USD
480-425-5520
20 S Macdonald, Mesa, AZ for Sale
$1,988,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

20 S Macdonald
Mesa, AZ 85210
Downtown Mesa


HIGHLIGHTS

  • Prime Downtown Mesa Location
  • Flexible Downtown Core Zoning with Adaptive Reuse Upside
  • High-Growth Urban Submarket
  • Established Demand for Creative Office and Retail
  • Located in an Opportunity Zone

OVERVIEW

SVN is pleased to present to the market 20 S. MacDonald, a ±12,765 SF building located in the heart of Downtown Mesa. The building is walking distance from Main St, home to countless historic and boutique retail shops, restaurants and urban residential. Downtown Mesa is experiencing increased population, employment expansion, and residential densification, fueling demand for adaptive reuse projects. The Downcore (DC) zoning allows for commercial, mixed-use, office, retail, and multifamily redevelopment. This property is available individually or as part of a larger portfolio of three buildings along this corridor. Please contact the listing team to discuss the portfolio in greater detail.

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

22

PRICE/UNIT

$90,364

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

138-42-042

ASK ABOUT THIS PROPERTY

Sean AldermanSVN | Desert Commercial AdvisorsMore Info
480-425-5520

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Sean AldermanSVN | Desert Commercial AdvisorsMore Info
480-425-5520

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