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Historic Mixed-Use Courtyard Complex

1028 Nw Grand Ave, Phoenix, AZ 85007

For Sale
New
$1,395,000

An original commercial building and six cottages frame a shared patio in Phoenix’s Grand Avenue Arts & Small Business District.

Property Size2,774 SF
Price / SF$502.88
Days on Market5

Property Features for 1028 Nw Grand Ave

General Information

Standard status Active
Size 2,774 SF
Property subtype Commercial

Site & Location

Neighborhood Central City

Additional Details

Tenant in Place Yes

Amenities

shared outdoor patio

Building Details

Year Built 1921
Buildings 7
Tenancy Multi
Listing Agency: AZArchitecture/Jarson & Jarson
Listed By: Michael Hardesty
Source: Eastvalleyazhomesforsale
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AZArchitecture/Jarson & Jarson

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Investment Insights

Based on property information with market context.

At 1028 NW Grand Avenue, this mixed-use property combines a commercial building constructed in 1921 with six smaller cottages arranged around a shared outdoor patio. The property is occupied by independent businesses, including Novel Ice Cream, Electrik Needle Tattoo & Body Piercings, KoolFadez Barbershop, and Shaka Dogs.

The property is in Phoenix’s Grand Avenue Arts & Small Business District, along the routes of the First Friday and Third Friday art walks. Its commercial spaces and common courtyard bring together the original building and cottage layout in a single complex.

Key Highlights

  • 1921‑built original commercial building
  • Six cottages arranged around a shared outdoor patio
  • Occupants include Novel Ice Cream, Electrik Needle Tattoo & Body Piercings, KoolFadez Barbershop, and Shaka Dogs

Property Analytics

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Current Use

Novel Ice Cream Grocery & Convenience Store Kustumz HairShop Hair Salon The Wayward Taphouse Bar & Pub Remix Coffee Take-out & Catering KoolFades Barbershop Barber Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Mobile Phone Store Restaurant Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,301
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
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Market

Properties on Market for Mixed-use properties in Maricopa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An original commercial building and six cottages frame a shared patio in Phoenix’s Grand Avenue Arts & Small Business District.
Where is this mixed-use property located?
The property is located at 1028 Nw Grand Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 1921‑built original commercial building; Six cottages arranged around a shared outdoor patio; Occupants include Novel Ice Cream, Electrik Needle Tattoo & Body Piercings, KoolFadez Barbershop, and Shaka Dogs
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