32 South Macdonald Multiple
  • Asking Price
    $2.9MAsking Price
  • Price/SF
    $140Price/SF
  • Size
    20,685 SFSize
  • Built
    1900–1961Built
  • Acres
    ~0.38 acAcres
  • Zoning
    C-DTZoning

Description

We are offering a three-building mixed-use portfolio at 20, 32 and 36 S MacDonald in downtown Mesa, Arizona. The properties contain approximately 20,685 square feet across roughly 0.38 acres and are offered together for $2,899,000. The collection combines residential, office, community-oriented and retail space within one of Mesa’s established downtown blocks.

The building at 20 S MacDonald contains approximately 12,765 square feet and includes 20 multifamily units, six offices, a commercial kitchen and a large community room. The neighboring buildings at 32 and 36 S MacDonald each contain approximately 3,960 square feet of retail-oriented space. The buildings date from 1900 through 1961 and retain architectural character that can support continued operation, adaptive reuse, repositioning or owner-user occupancy.

The portfolio is located within Mesa’s Commercial Downtown (C-DT) zoning district, which accommodates a range of commercial, office, retail, mixed-use and residential possibilities subject to city requirements. The properties are identified by APNs 138-42-042, 138-42-039A and 138-42-013B. Seller financing is available.

The South MacDonald location is just south of Main Street, near Valley Metro light rail, Mesa Arts Center, Mesa City Hall, restaurants and other downtown destinations. The surrounding district continues to benefit from residential growth, employment activity and public and private redevelopment. The property is also located within a designated Opportunity Zone, which may provide benefits for qualifying investments.

Offering Summary

  • Asking Price
    $2,899,000
  • Price PSF
    $140
  • Property Type
    Multiple
  • Size
    20,685 SF
  • Properties
    3
  • Built
    1900–1961
  • Total Acres
    ~0.38 ac

Documents

Property Address

32 South Macdonald
Mesa, AZ 85210-1310
36 South Macdonald
Mesa, AZ 85210-1322
20 S MacDonald
Mesa, AZ 85210

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    3,960 SF
  • Year Built
    1961
  • APN
    138-42-039A

Deal Team

Ari Spiro profile image

Ari Spiro

Founding Principal
Orion Real Estate
AZ RE Lic. BR115272000