Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$350,000

  • For Sale
  • Active
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 1550 E University Dr #L1,2,3

General

  • Price: $350,000
  • Taxes: $2,030 (2024)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6879584
  • Updated: 11/21/2025
  • Added to Site: 219 day(s) ago

Business

  • Business Type: Mixed, Office Supply, Other

Rental Information

  • Complex Features: Reception Room

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Free

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: Stapley Dr and University Dr
  • Cross Streets: GILBERT & UNIVERSITY

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 3
  • Structure Type: Office
  • Exterior Const.: Brick
  • Roof: Foam
  • Year Built: 1976

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 1,998
  • Zoning: C2

Financial Considerations

  • Tax Amount: $2,030.42
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 10 UNIVERSITY EAST MCR 017249
  • Property ID: 137-39-072-A
  • Range: 5E
  • Section: 13
  • Lot Number: 91011

Listed by Desert River Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1550 E University Dr #L1,2,3 —

  • Desert River Realty

  • Desert River Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1550 E University Dr #L1,2,3

School District:Mesa Unified District
NameGradesDistance
Zaharis Elementary School
9410 East McKellips Road, Mesa, AZ 85207
PK-62 mi
Fremont Junior High School
1001 North Power Road, Mesa, AZ 85205
7-82.4 mi
Red Mountain High School
7301 East Brown Road, Mesa, AZ 85207
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1550 E University Dr #L1,2,3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2025
Listed
$350,000
250%
MLS
7/02/2013
Sold
$100,000
—
Public Record
Get Price Alerts and Save Property
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 for 1550 E University Dr #L1,2,3

Year
Property Taxes
Change
Tax Assessment
Change
2025
$710
-2%
$14,880
2%
2024
$728
-4%
$14,592
6%
2023
$757
-1%
$13,827
29%
2022
$763
—
$10,727
13%
2022
$763
-4%
$9,486
16%
2021
$794
1%
$8,190
6%
2020
$784
7%
$7,704
5%
2019
$732
4%
$7,326
6%
2018
$703
3%
$6,894
6%
2017
$682
2%
$6,516
18%
2016
$669
3%
$5,544
-24%
2015
$647
3%
$7,271
46%
2014
$630
-4%
$4,997
-7%
2013
$655
—
$5,363
—
View All
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 for 1550 E University Dr #L1,2,3

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Desert River Realty

Just Listed near 1550 E University Dr #L1,2,3

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3816 E Phelps St, Gilbert, AZ 85295 - Photo 1 Just Listed
$535,000

3816 E Phelps St  Gilbert, AZ 85295

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
Listed by The Boone Team (480) 772-9167
3964 E Penedes Dr, Gilbert, AZ 85298 - Photo 1 Just Listed
$2,199,000

3964 E Penedes Dr  Gilbert, AZ 85298

  • Single Family
  • Active
  • Updated 2 days ago
  • 5
    Beds
  • 6
    Total Baths
1338 S Palomino Creek Dr, Gilbert, AZ 85296 - Photo 1 Just Listed
$610,000

1338 S Palomino Creek Dr  Gilbert, AZ 85296

  • Single Family
  • Active
  • Updated 10 minutes ago
  • 5
    Beds
  • 3
    Total Baths
2863 E Cedar Waxwing Dr, Gilbert, AZ 85298 - Photo 1 Just Listed
$1,800,000

2863 E Cedar Waxwing Dr  Gilbert, AZ 85298

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 3
    Total Baths

Price Reduced near 1550 E University Dr #L1,2,3

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4727 E Azalea Dr, Gilbert, AZ 85298 - Photo 1 Price Reduced
-$6,000 (-1.24%)
$479,000

4727 E Azalea Dr  Gilbert, AZ 85298

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Rich Johnson (480) 294-3127
6358 S Legend Ct, Gilbert, AZ 85298 - Photo 1 Price Reduced
-$20,000 (-2.72%)
$715,000

6358 S Legend Ct  Gilbert, AZ 85298

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths
4315 E Jasper Dr, Gilbert, AZ 85296 - Photo 1 Price Reduced
-$1 (0%)
$384,699

4315 E Jasper Dr  Gilbert, AZ 85296

  • Townhouse
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
1633 E Lakeside Dr, Gilbert, AZ 85234 - Photo 1 Price Reduced
-$2,100 (-0.65%)
$322,500

1633 E Lakeside Dr  #108  Gilbert, AZ 85234

  • Townhouse
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths

Recent Sales near 1550 E University Dr #L1,2,3

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

8828 E Des Moines St, Mesa, AZ 85207 - Photo 1 Sold
$400,000

8828 E Des Moines St  Mesa, AZ 85207

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
151 N 88th, Mesa, AZ 85207 - Photo 1 Sold
$300,000

151 N 88th  Mesa, AZ 85207

  • Mobile Home
  • Closed
  • 4
    Beds
  • 2
    Total Baths
643 N 92nd Pl, Mesa, AZ 85207 - Photo 1 Sold
$360,000

643 N 92nd Pl  Mesa, AZ 85207

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
9101 E Fairfield, Mesa, AZ 85207 - Photo 1 Sold
$401,000

9101 E Fairfield  Mesa, AZ 85207

  • Single Family
  • Closed
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths

1550 E University Drive #L1,2,3, Mesa, AZ 85203 (MLS# 6879584) is a Commercial property. 1550 E University Drive #L1,2,3 is currently listed for $350,000 and was received on June 13, 2025. Want to learn more about 1550 E University Drive #L1,2,3? 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.

Tour this property