1102 E Washington St - Office FOR SALE


Phoenix, AZ 85034
$3,380,000 USD
480-766-1156
1102 E Washington St, Phoenix, AZ for Sale
$3,380,000 USD
Office - FOR SALE
1/25
null | 7.52% Cap Rate

1102 E Washington St
Phoenix, AZ 85034


HIGHLIGHTS

  • This property is in an Opportunity Zone!
  • Located just off the Light Rail and near the baseball and basketball stadiums!

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$3,380,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

7.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1100 Washington

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C-3, Phoenix

APN/PARCEL ID

116-43-068A

ASK ABOUT THIS PROPERTY

Kyle FrickeHomeSmart Real EstateMore Info
480-766-1156

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Kyle FrickeHomeSmart Real EstateMore Info
480-766-1156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.