Prime commercial property in the heart of downtown Phoenix! Situated on a corner lot at the intersection of 11th street and Washington in a designated Opportunity Zone and directly on the Light Rail, this recently renovated building offers a premier investment or owner-user opportunity. Currently generating $250K per year in cash flow from existing leases, the property provides flexibility—new ownership can either maintain the leases for passive income or occupy some or all of the space.
Surrounded by high-end multi-story residential developments and steps from a Light Rail stop, the property is positioned in a thriving, rapidly growing area. With highly flexible C3 zoning, it accommodates a wide range of uses, including modern office space, client-facing business operations, and even light manufacturing. Walking distance to the ballpark and a host of downtown amenities.
Don’t miss this opportunity to own a standout asset in one of Phoenix’s most dynamic and fast-evolving neighborhoods!