3243 North 3rd Street, Phoenix, AZ 19140

Building Details

Year Built

1966

Spaces For Lease

at 3243 North 3rd Street Contact us

Listing agent Brian Kocour License #Arizona LC67501000

Listing office Kocour Company

Listing date Jun 2, 2026

Source Crexi

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Overview

Kocour Company offers the iconic restaurant building known as Ocotillo, designed as an indoor/outdoor compound. The inviting interior includes a full-service bar, a dining room, and a communal wine events area. Outdoor dining and gathering are built into the architecture with multiple distinct spaces, including a Ramada, a Flower Street patio, a Beer Garden, Lucy’s lawn, and a Sidecar Cocktail Lounge, all arranged around a dramatic courtyard with shaded landscaping and multiple patio areas. Naturally rusted corrugated panels and steel canopies define the intimate indoor/outdoor sections, and a second-story cargo container adds office space. All furniture, fixtures, and equipment can be made available.

Ocotillo is located at the corner of Third Street and Flower in Midtown Phoenix. The property’s layout emphasizes community spaces designed for events and ongoing customer flow through the courtyard and surrounding enclaves.

This building is a strong fit for an operator seeking a turnkey restaurant and event venue with flexible indoor dining, a full-service bar, and multiple outdoor concepts under one address. The on-site office space supports day-to-day operations, and the availability of FF&E can help streamline opening or repositioning.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Phoenix

County

Maricopa

State

Arizona

Longitude

-112.068771

Latitude

33.4854154

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FAQs

What type of property is this?

Conventional restaurant - Iconic indoor/outdoor restaurant setup with multiple patios, a full-service bar, and event-ready communal spaces.

Where is this conventional restaurant located?

The property is located at 3243 North 3rd Street Phoenix, AZ.

What are key features of this property?

This property features: 1966‑built iconic restaurant building in Midtown Phoenix at the corner of Third Street and Flower; Indoor dining includes a full‑service bar and dining room plus a communal wine events area; Outdoor setup includes multiple distinct spaces: Ramada, Flower Street patio, Beer Garden, Lucy's lawn, and Sidecar Cocktail Lounge