2321 7Th StPhoenix, AZ 85006

Property Details for 2321 7Th St

Year built

1965

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

4,390 SF

Zone code

C-2

Property type

Office buildings

APN

117-30-111

APU

11730111

Description

This exceptional retail opportunity in Phoenix's Coronado District offers 4,166 square feet of space, divisible to a minimum of 2,025 square feet. Currently, the entire space is vacant and ready for immediate occupancy. One unit features a fully built-out 2,025 square foot restaurant space, ideal for a quick and efficient transition. The property is strategically located on 7th Street and Sheridan, directly across from a newly constructed 300-unit apartment complex, ensuring high foot traffic and visibility. The 0.15-acre site includes convenient covered parking for patrons. This location offers excellent access to a dense residential population and is perfect for a variety of retail or restaurant concepts. The property's Maricopa County location (APN 117-30-113A) provides a stable and desirable market. Contact us today to discuss pricing and explore the possibilities of this prime retail space at 2321 N 7th St, Phoenix, AZ 85006. The property is zoned for retail and restaurant uses. Don't miss this chance to establish your business in a thriving Phoenix neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $969,998

  6.5%

  $895,383

  7%

  $831,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $676,718

  Geo Method

  $676,718

• Alternative Use

  Use

  Valuation

  Residential

  $1,110,274

  Hospitality

  $1,017,005

  Educational

  $846,137

  Medical

  $875,236

  Retail

  $1,316,212

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.474

Longitude

-112.065

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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