51 Monterey Way Phoenix, AZ 85012

This recently renovated, single-story office building presents a unique investment opportunity in Phoenix's vibrant Midtown area. Spanning approximately 1,760 square feet, the property is ideally situated on a 0.24-acre lot between 3rd Street and Central Avenue, just south of Osborn Road. Its location within the Midtown Focus Area for Economic Development and the Reinvent PHX Midtown District positions it for significant future growth and appreciation. The property benefits from its proximity to the planned "signature street" along 3rd Street, envisioned as a mixed-use district supporting a live, work, and play environment. This strategic location makes it highly attractive to a variety of potential tenants, including general office users, medical practices, or specialized businesses seeking a presence in a rapidly redeveloping urban setting. The building's recent renovation ensures modern functionality and efficiency, making it ready for immediate occupancy. The property's size and location offer a compelling combination of convenience, accessibility, and growth potential within a dynamic and evolving neighborhood. This is an exceptional opportunity to acquire a well-positioned asset in a thriving area of Phoenix. The asking price is $660,000.