1102 E University Drive, Mesa, AZ 85203
$750,000
Property Type:
Comm/Industry Sale
Square Footage:
3,240
Lot Size (sq. ft.):
19,901
Status:
Closed
Current Price:
$750,000
List Date:
8/07/2025
Last Modified:
1/01/2026
Description
Turnkey Multi-Suite Commercial Gem | ADA Compliant | Motivated Sellers
Welcome to 1102 E. University Dr., Mesa, AZ — a charming & versatile commercial building with a rich history & over $239,000 in modern upgrades to meet current zoning & ADA standards. Rezoned in 2021 to Neighborhood Commercial (NC), this single-level, stucco property with red tile and flat roofing offers wide appeal for salon, medical, office, or wellness use (verify with City of Mesa zoning for list of businesses allowed ).Step into a peaceful courtyard breezeway featuring a decorative fountain beneath a skylight, river rock accents, & a drip-irrigated flower pot system — all surrounded by three gated access points & concrete ramps for seamless ADA accessibility.
Supplements: Property Highlights: 3,220 SF across 4 suites (760 SF + 760 SF + 1,700 SF) 15 covered + 4 uncovered parking spaces Flat access from parking lot to all suites Suite 1 & 2: Salon-ready with 4 stations + shampoo bowl Suite 3: Ideal for spa or wellness with 3 rooms + reception Suite 4: Plumbed for salon/medical use with 6 rooms, breakroom, storage, and ADA bathroom Separate HVAC units for each suite (4 total) New elastomeric roof coating (2025); new block wall, and updated parking lot (2021), Retention area + low-maintenance desert & drip landscaping. Pride of ownership shows first time on the market since 1976. Sellers are ready to pass the torch. A rare opportunity to own a highly functional, improved property in the heart of Mesa! Bring your offer motivated sellers!
More Information MLS# 6902850
Contract Info
Ownership: Fee Simple
Current Price: $750,000
Sold Price: $750,000
Status: Closed
List Date: 2025-08-05
Location, Tax & Legal
Assessor's Map #: 5
Assessor's Parcel #: 34
Assessor Parcel Ltr: F
Add'l Parcels: No
Tax Municipality: Mesa
Taxes: 4827
Legal: PN 137-05-034F
House Number: 1102
Compass: E
Street Name: University
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
Zip4: 8056
County Code: Maricopa
Subdivision: None
Assessor Number: 137-05-034-F
Tax Year: 2024
General Property Description
Type of Property: Salon/Medical/Misc
Ttl Apx SqFt Bldg: 3240
# of Buildings: 1
Uncvrd Parking Spcs: 4
Stories: 1
Lot Size Dimensions: 122'x154'
Flood Zone: No
Year Built: 1972
Zoning: NC
Currently Not Used
Sold Price Per SqFt: 231.48
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Rolled: 1
Floors
Concrete: 1
Vinyl: 1
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4827
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Other (See Remarks): 1
Business Type
Barber/Beauty: 1
Dental: 1
Mixed: 1
Medical: 1
Other: 1
Pmt & Rate Info
Equity: 750000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8 Feet or Less: 1
Heating
Heat Pump: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Security Light(s): 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Partial: 1
Water Source
City Franchise: 1
Master Meter: 1
Freeway/Highway
2.1 - 5 Miles: 1
Building Features
Accessible Entrance: 1
Skylight(s): 1
Security Gate: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Paved: 1
Electric
SRP: 1
Master Meter: 1
Gas
None: 1
New Financing
Cash to Loan: 1
Special
Owner/Agent: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Existing Easement(s): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Boundary Survey Avlb: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Remarks Misc
Cross Street: Stapley & University Dr
Directions: Go West on University to Matlock, the NE corner of Matlock and University is the property!
ADA accessible with ramps to all suites, lever door handles, and ADA bathroom in Suite 4!
Geo Lat: 33.422708
Geo Lon: -111.807276
Status Change Info
Off Market Date: 2025-12-31
Under Contract Date: 2025-11-21
Close of Escrow Date: 2025-12-30
Sold Price: $750,000
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Barber/Beauty; Dental; Mixed; Medical; Other
Construction: Block; Stucco; Wood Frame
Roofing: Tile; Rolled
Floors: Concrete; Vinyl; Other
Ceiling Height: 8 Feet or Less
Heating: Heat Pump
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s); Security Light(s); Private Restrooms
Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Monument Sign; Security Light(s)
Fencing: Block; Partial
Building Features: Accessible Entrance; Skylight(s); Security Gate
Parking Features: Parking Lot; Paved
Electric: SRP; Master Meter
Gas: None
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
New Financing: Cash to Loan
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: Unknown
Use Restrictions: Existing Easement(s)
Environmental: None
Listing Office:
ProSmart Realty
Last Updated: January - 01 - 2026
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