512 W 2nd Avenue, Mesa, AZ 85210 (MLS# 7001326)

512 W 2nd Avenue, Mesa, AZ 85210

$1,750,000

Property Type: Comm/Industry Sale Square Footage: 6,720 Lot Size (sq. ft.): 1 Status: Closed

Current Price: $1,750,000 List Date: 3/20/2026 Last Modified: 5/09/2026

Overview

Description

Fully occupied, hard to find small industrial bay property for sale in Mesa. 2 separate buildings at a total of 6,720 square feet with 4 individual suites. Each suite consisting of 1680 square feet including; 200 square feet of air conditioned office space, private restroom,1480 square feet of EVAP cooled warehouse space, oversized 14' roll up door, high ceilings, 4,000 square feet of fully fenced/secure storage yard and private gates. Multiple yards have extended concrete and sail shade overhangs. The parking lot was just repaved and striped in 2025. AC unit in suite 102 replaced in 2025. Exterior repainted in 2025. Roof recently recoated. 100% occupied with pride of ownership.

Listing Details MLS# 7001326

Location, Tax & Legal

House Number: 512
Compass: W
Street Name: 2nd
St Suffix: Avenue
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Country: US
County Code: Maricopa
Assessor Number: 134-01-143-A
Tax Year: 2025
Assessor's Map #: 1
Assessor's Parcel #: 143
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Mesa
Taxes: 10794
Legal: 134-01-139 134-01-140 134-01-141 134-01-142-A 134-01-143-A 134-01-143-B
Marketing Name: Mesa Small Bay Industrial

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: Industrial Warehouse
Ttl Apx SqFt Bldg: 6720
# of Buildings: 2
Stories: Yes
Year Built: 2007
Uncvrd Parking Spcs: 12
Zoning: LI

Remarks Misc

Cross Street: Country Club & 2nd Avenue
Directions: West on 2nd Avenue

Status Change Info

Off Market Date: 2026-05-09
Under Contract Date: 2026-03-30
Close of Escrow Date: 2026-05-08

Legal Info

Lot Number: 134-01-139 134-01-14

More Information

Bay Info

# of Bays: 4
# of Bay Doors: 4
Bay Door Height: 14
Bay Door Width: 12
Bay Size: 1480

Income Expenses

Gross Annual Sch Inc: 138516.36
Net Operating Income: 112491.36

Showing Notification Methods

Showing Service: No Showing Service Used
Phone Call: Yes

Sold Info

Loan Type: Cash
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Currently Not Used

Sold Price Per SqFt: 267.86

Construction

Block: Yes

Roofing

Built-Up: Yes
Foam: Yes

Floors

Tile: Yes
Concrete: Yes

Income & Expenses

Annual Ins Exp: 4791
Annual Landscape Exp: 7200
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 3240
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 138516.36

Building Type

Commercial: Yes
Industrial: Yes
Office: Yes
Manufacturing: Yes
Distribution/Warehouse: Yes
Other (See Remarks): Yes

Business Type

Office Supply: Yes
Mixed: Yes
Service Business: Yes
Automobile: Yes
Storage: Yes
Professional/Office: Yes
Warehouse: Yes
Retail: Yes
Wholesale: Yes
See Remarks: Yes

Pmt & Rate Info

Cap Rate: 6.25
Equity: 1716000
1st Encumbrance: 84000
Total Owed: 84000

Lockbox Type

None: Yes

Ceiling Height

14.1 Feet to 16 Feet: Yes

Heating

Electric: Yes

Cooling

Office A/C: Yes
Warehouse Evap: Yes

Interior Features

Finished: Yes
Fire Sprinklers: Yes
Security Light(s): Yes
Phone Available: Yes
Private Restrooms: Yes

Loading Facilities

Grade Level: Yes

Exterior

Building Sign: Yes
Security Light(s): Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Fencing

Block: Yes

Water Source

City Franchise: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Sewer

Sewer - Public: Yes

Parking Features

Parking Lot: Yes
Private: Yes
See Remarks: Yes

Electric

SRP: Yes
Individual Meter: Yes
3 Phase Power: Yes

Gas

None: Yes

New Financing

Cash Only: Yes

Existing 1st Loan

SBA: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse; Other (See Remarks) Business Type: Office Supply; Mixed; Service Business; Automobile; Storage; Professional/Office; Warehouse; Retail; Wholesale; See Remarks Construction: Block Roofing: Built-Up; Foam Floors: Tile; Concrete Ceiling Height: 14.1 Feet to 16 Feet Cooling: Office A/C; Warehouse Evap Loading Facilities: Grade Level Interior Features: Finished; Fire Sprinklers; Security Light(s); Phone Available; Private Restrooms Exterior: Building Sign; Security Light(s) Fencing: Block Parking Features: Parking Lot; Private; See Remarks Road Responsibility: City Maintained Road Electric: SRP; Individual Meter; 3 Phase Power Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: SBA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Environmental: None

Listing Office: RE/MAX Fine Properties

Last Updated: May - 09 - 2026