170 E Monterey Way - Commercial LAND FOR SALE


Phoenix, AZ 85012- Encanto7,105 SF
$320,000 USD
602-319-1326
170 E Monterey Way, Phoenix, AZ for Sale
$320,000 USD
Commercial LAND - FOR SALE
1/4
7,105 SF

170 E Monterey Way
Phoenix, AZ 85012
Encanto


HIGHLIGHTS

  • Zoned for Dense Multifamily Development and Professional Office Use
  • Infill Development Opportunity located near restaurants, transportation and shopping
  • Existing Parking Structure on Property

OVERVIEW

This opportunity consists of a ±7,105 SF parcel (zoned R-5), situated in Midtown Phoenix between Central Ave & 3rd Street. This infill parcel is positioned perfectly for new construction for professional office or residential / multifamily uses. The surrounding area consists of similarly sized lots improved with small professional office / retail buildings, as well as much larger commercial multi-story office buildings, in-line retail centers / restaurants, and large multifamily product. The property is situated just west of 3rd St, which from Indian School to Roosevelt St is set to become a "signature street that supports a live, work, play mixed-use district." This infill parcel is an excellent opportunity for office, medical office, or multi-family developers looking to establish a presence in a rapidly redeveloping part of the Valley.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/ACRE

$1,961,886/AC

PRICE/SF

$45 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.16 AC

LAND SF

7,105 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-5

APN/PARCEL ID

118-34-060A

ASK ABOUT THIS PROPERTY

Jake ViceROI Properties, LLCMore Info
602-319-1326

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Jake ViceROI Properties, LLCMore Info
602-319-1326

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