$9,977,000

152 N 56th St Unit OFC Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated payment $54,590/month

Total Views 1,163
-- Bed
-- Bath
61,979 Sq Ft
$161 Price per Sq Ft

Highlights

  • Fitness Center
  • 1.8 Acre Lot
  • Cafeteria
  • Franklin at Brimhall Elementary School Rated A
  • Community Kitchen
  • Elevator

About This Home

1.79-acre, 62,000 sq ft R5-zoned investment opportunity in a thriving multi-family market! Formerly Copper Heights Assisted Living, this vacant 2-story property with basement is ideal for multi-family housing, a hotel, or other creative uses (subject to local zoning). 78 units: 30 one-bedroom and 48 studios, each with private bathrooms (tub/shower combo), kitchenette plumbing, and P-tech AC units. The main floor features an office & two spacious recreational/dining areas, perfect for community living. The basement includes a commercial-grade kitchen with a walk-in cooler and freezer. Energy-efficient with a newly repaired roof and solar panels, reducing utility costs. Appraised at $10.74M in ''as is'' condition. Seller offers financing with a $3.5M downpayment for qualified buyers.

Listing Agent

Paul Bruccoleri

Zion Realty, LLC License #BR548418000 Listed on: 06/30/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,705

Year Built

  • Built in 1974

Lot Details

  • 1.8 Acre Lot
  • Property is zoned R-5

Home Design

  • Wood Frame Construction

Interior Spaces

  • 61,979 Sq Ft Home
  • Display Windows
  • Basement

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces
  • Private Parking
  • Paved Parking

Eco-Friendly Details

  • Heating system powered by solar not connected to the grid

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 141-77-059-E

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Cafeteria
  • Elevator
  • Service Elevator
  • Reception Area

Recreation

  • Fitness Center

Building Details

  • Operating Expense $19,705

Property Details

Property Type

Other

Est. Annual Taxes

$19,705

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Boston & 56th St
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Lot Size Acres: 1.8
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: E
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 61979.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None
  • Construction Type: Wood Frame, Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Other, Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: Solar, SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks, Solar
  • Green Building Features: Freight Elevator(s), Public Elevator(s), Basement, Conference Room, Exercise Room, Reception Room, Cafeteria, Kitchen, Showers - Office, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Solar: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Basement: Yes
  • Amenities:Freight Elevator(s): Yes
  • Amenities:Cafeteria: Yes

Lot Info

  • Lot Size Sq Ft: 78317.0
  • Parcel #: 141-77-059-E

Multi Family

  • Annual Operating Expense: 19705.0

Tax Info

  • Tax Annual Amount: 19705.0
  • Tax Book Number: 141.00
  • Tax Lot: -
  • Tax Map Number: 77.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,705 $218,752 -- --
2024 $19,963 $208,336 -- --
2023 $19,963 $289,200 $28,540 $260,660
2022 $19,485 $253,040 $26,170 $226,870
2021 $19,443 $248,620 $26,170 $222,450
2020 $19,286 $245,550 $24,420 $221,130
2019 $17,873 $252,170 $23,940 $228,230
2018 $17,429 $235,170 $21,370 $213,800
2017 $16,826 $180,840 $21,370 $159,470
2016 $16,475 $169,830 $19,080 $150,750
2015 $15,392 $143,660 $15,070 $128,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $9,977,000 -- $161 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,900,000 Landmark Title Assurance Agenc
Trustee Deed -- None Listed On Document
Special Warranty Deed $3,800,000 Commonwealth Land Title
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $3,000,000 Chicago Title Insurance Co
Quit Claim Deed -- Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,882,198 New Conventional
Previous Owner $8,050,000 New Conventional
Previous Owner $3,250,000 New Conventional
Previous Owner $4,919,000 Unknown
Previous Owner $1,870,623 Commercial
Previous Owner $2,437,500 Commercial
Previous Owner $1,827,500 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6886777

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-77-059E

Arizona Maricopa County Mesa 85205 Central Mesa East

152 N 56th St Unit OFC, Mesa, AZ

This home is located at 152 N 56th St Unit OFC, Mesa, AZ 85205 and is currently priced at $9,977,000, approximately $160 per square foot. This property was built in 1974. 152 N 56th St Unit OFC is a home located in Maricopa County with nearby schools including O'Connor Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Paul Bruccoleri
Listing Agent
Paul Bruccoleri
Section Image
Zion Realty, LLC
(602) 740-5269