545 E UNIVERSITY Drive, Mesa, AZ 85203

New Listing
$429,000
Property Type: Comm/Industry Sale Square Footage: 1,415 Lot Size (sq. ft.): 7,788 Status: Active
Current Price: $429,000 List Date: 3/25/2026 Last Modified: 3/25/2026

Overview

Description

This freestanding office building offers an exceptional opportunity for owner-users or investors seeking a well-located commercial asset. Situated on a heavily trafficked road, the property benefits from strong daily exposure and convenient access to surrounding business and residential areas. The building features fresh exterior paint, enhancing its curb appeal, along with attractive front yard landscaping complemented by low-maintenance desert plants. The site offers a functional parking layout with six private parking spaces located in the rear, as well as additional parking available in the front for clients and visitors. Inside, the property is well-suited for a variety of professional office uses.

Supplements: Inside, the property is well-suited for a variety of professional office uses. Previously occupied by a lending company and a small call center, the layout lends itself perfectly to businesses such as law firms, real estate offices, mortgage companies, insurance agencies, and other administrative or service-oriented operations. Conveniently locate ...

Listing Details MLS# 7003440

Location, Tax & Legal

House Number
545
Compass
E
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
7944
County Code
Maricopa
Assessor Number
138-25-099
Tax Year
2025
Assessor's Map #
25
Legal Description (Abbrev)
E 66' OF W 156'OF N 151' OF NE4 NE4 NW4 NW4 EX N 33' .23 AC
Assessor's Parcel #
99
Add'l Parcels
No
Tax Municipality
Mesa
Taxes
1928
Legal
E 66' OF W 156'OF N 151' OF NE4 NE4 NW4 NW4 EX N 33' .23 AC

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
1415
# of Buildings
Yes
Year Built
1965
Uncvrd Parking Spcs
6
Zoning
R-4

Remarks Misc

Cross Street
Mesa Drive & University
Directions
Head East to the property

Legal Info

Township
1N
Range
5E
Section
23

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

More Information

Currently Not Used

Sold Price Per SqFt
303.18

Construction

Stucco
Yes
Wood Frame
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Office
Yes
Other (See Remarks)
Yes

Business Type

Professional/Office
Yes

Pmt & Rate Info

Equity
429000
Total Owed
0

Lockbox Type

Other
Yes

Ceiling Height

8 Feet or Less
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes

Loading Facilities

None
Yes

Road Surface Type

Paved
Yes

Source of Fincl Data

Owner
Yes

Fencing

Block
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes

Electric

City Electric
Yes

Gas

City Gas
Yes

New Financing

Owner May Carry
Yes
1031 Exchange
Yes
Other (See Remarks)
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office; Other (See Remarks) Business Type: Professional/Office Construction: Stucco; Wood Frame Roofing: Composition Floors: Ceramic Tile; Carpet Ceiling Height: 8 Feet or Less Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: Block Parking Features: Free Electric: City Electric Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Owner May Carry; 1031 Exchange; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Other Source of Fincl Data: Owner Road Surface Type: Paved Environmental: None
Listing Office: Realty of America LLC
IDX
Last Updated: March - 25 - 2026
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