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Freestanding Restaurant Building
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1216 E Northern Ave, Phoenix, AZ 85020

Existing restaurant improvements can support food and beverage operations with reduced construction requirements.

Property Size3,456 SF
Price / SF$2.00
Days on Market30

Property Features for 1216 E Northern Ave

General Information

Standard status Active
Size 3,456 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1945
Buildings 1
Listing Agency: R.O.I. Properties
Listed By: Reuben Z Nach · License #SA687040000
Source: Phoenixmetrohomefinder
Added: Aug 1 Changed: Aug 28 Last Checked: Aug 29 at 10:27AM

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 R.O.I. Properties

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes an existing food-service buildout, offering an established physical framework for restaurant operations. The building dates to 1945 and is positioned for a user seeking to limit initial construction work and opening delays.

The property occupies a signalized intersection at Northern Avenue and 12th Street in Phoenix’s North Central / Sunnyslope submarket. Northern Avenue provides frontage along a major east-west corridor, while proximity to State Route 51 connects the site with broader Phoenix-area destinations.

Key Highlights

  • Existing restaurant buildout supports food and beverage use
  • Signalized intersection at Northern Avenue and 12th Street
  • Frontage along Northern Avenue, a major east‑west corridor

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Pharmacy

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85020, AZ

34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements can support food and beverage operations with reduced construction requirements.
Where is this conventional restaurant located?
The property is located at 1216 E Northern Ave Phoenix, AZ.
What are key features of this property?
This property features: Existing restaurant buildout supports food and beverage use; Signalized intersection at Northern Avenue and 12th Street; Frontage along Northern Avenue, a major east‑west corridor
More about this property
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