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$1,100,000 Just Listed
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Property Description
Located in the West 2nd Historic District of downtown Mesa, fronting University Ave are these two quaint historic homes converted to professional offices. Two blocks north of Main Street, it is only steps from the heart of a revitalizing downtown Mesa. Sale includes 109 W University as well. | Two Historic Homes Converted to Modern Offices 109 University (2,400 SF) Build out Includes: Reception, 2 Offices, Conference Room, Kitchen, Copy/File Room, and Restroom with 2 Showers. Additional Office located in the upper level of the second building. 121 University (1,350 SF) Build out Includes: Main Room/Bullpen, 2 Offices, Restroom, Kitchen and Basement. Storage Shed Located in the Yard.
Full Property Details
Full Property Details for 121 W University Dr
General
- Price: $1,100,000
- Taxes: $1,815 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7062872
- Updated: 8/5/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Professional/Office, Recreation, M
Rental Information
- Complex Features: Basement, Kitchen, Showers - Office
Interior
- Flooring: Ceramic Tile, Wood
Parking
- Parking Features: Paved
Location
- County: Maricopa
- Township: 1N
- Subdivision: MESA ARIZONA
- Cross Streets: Center St & University Dr
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Other, See Remarks
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 2
- Structure Type: Commercial, Office
- Exterior Const.: Other, Stucco, Block
- Roof: Composition
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,310
- Lot Dimensions: 84 x 59
- Zoning: DB-1
Financial Considerations
- Tax Amount: $1,815
- Tax Year: 2025
Disclosures and Reports
- Legal Description: MESA PT LOT 1 BLK 53 BEG AT PT 151.4' W OF NE COR LOT 1 W 60' S 85.1' TO COR E 60' TH N 85.2'
- Property ID: 138-58-033
- Range: 5E
- Section: 22
- Lot Number: 1
Listed by Cluff Real Estate LLC
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Schools
Schools serving 121 W University Dr
School District:Mesa Unified District
| Name | Grades | Distance |
|---|---|---|
Eisenhower Center for Innovation 848 North Mesa Drive, Mesa, AZ 85201 | K-6 | 0.8 mi |
Carson Junior High School 525 North Westwood, Mesa, AZ 85201 | 7-8 | 0.9 mi |
Westwood High School 945 West Rio Salado Parkway, Mesa, AZ 85201 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 W University Dr
Date
Details
Price
Change
Source
8/05/2026
Listed
$1,100,000
107.55%
MLS
4/27/2022
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 W University Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,815
—
$17,532
-50%
2025
$1,815
-6%
$35,247
4%
2023
$1,929
-1%
$33,941
18%
2022
$1,944
—
$28,883
11%
2022
$1,944
-5%
$26,028
18%
2021
$2,047
1%
$22,086
20%
2020
$2,021
7%
$18,414
15%
2019
$1,896
4%
$16,020
-14%
2018
$1,824
3%
$18,720
18%
2017
$1,773
2%
$15,930
9%
2016
$1,742
7%
$14,616
13%
2015
$1,630
4%
$12,969
7%
2014
$1,560
—
$12,173
-3%
2013
$1,556
—
$12,493
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 W University Dr
121 W University Drive, Mesa, AZ 85201 (MLS# 7062872) is a Commercial property. 121 W University Drive is currently listed for $1,100,000 and was received on August 05, 2026. Want to learn more about 121 W University Drive? Do you have questions about finding other Commercial real estate for sale in Mesa? You can browse all Mesa real estate or contact a Coldwell Banker agent to request more information.

