Listed by Lethe Lew · Brokered by Desert River Realty

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● For sale

$350,000

1550 E UNIVERSITY Drive L1,2,3, Mesa, AZ 85203

Stapley Dr and University Dr · Maricopa County

1,998 sqft 0.05 acres Built 1976 $175 /sqft No HOA

409 days on market

Description

Exceptional opportunity to own a versatile commercial building featuring three separate office suites, each with its own private bathroom. This well-maintained property includes a 645 sq ft office on L1, a spacious 721 sq ft suite on L2, and a 632 sq ft office on L3. Each unit is self-contained—ideal for owner-users, investors, or those seeking a flexible multi-tenant setup. Whether you're looking to occupy one space and lease the others, or secure a fully leased investment, this property offers endless potential in a prime location.

Listing updated: August 26, 2025

Listed by:

Lethe Lew 602-266-1238, Desert River Realty, Fuhan Xiang

Source: Arizona Regional Multiple Listing Service, MLS#: 6879584

Property details

Interior

Bathrooms

Total Bathrooms: 0

Heating and Cooling

Cooling Features: Heat Pump
Heating Features: Electric

Exterior

Exterior and Lot Features

Fencing: Block

Land Info

Lot Size Acres: 0.05
Lot Size Square Feet: 1,998

Garage and Parking

Attached Garage: No
Parking Features: Open

Community

Neighborhood

Subdivision: Stapley Dr and University Dr

Listing

Other Property Info

Annual Tax Amount: $2,030
Source Listing Status: Active
County: Maricopa
Directions: On Stapley Dr turn east onto University Dr. Property on the north side.
Parcel Number: 137-39-072-A
Zoning: C2
Postal City: Mesa
Listing Date: 6/13/2025
On Market Date: 6/13/2025
MLS#: 6879584

Features

Building and Construction

Total Square Feet Living: 1,998
Year Built: 1976
Property Age: 50
Construction Materials: Brick
Roof: Foam

Utilities

Water Source: City Franchise

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Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.