Restaurant Event Courtyard
For Lease
Contact for pricing
3243 North 3rd Street, Phoenix, AZ 19140
Iconic indoor/outdoor restaurant setup with multiple patios, a full-service bar, and event-ready communal spaces.
Space Size6,136 SF
Days on Market100
Property Features for 3243 North 3rd Street
General Information
Standard status
Active
Size
6,136 SF
Class
A
Property subtype
Retail
Building Details
Building Size
6,136 SF
Year Built
1966
Tenancy
Single
Spaces For Lease
at 3243 North 3rd Street Contact us- Size
- 6,136 SF
- Availability
- Active
Whole Building
Listing Agency:
Kocour Company
Listed By:
Brian Kocour · License #Arizona LC67501000
Source:
Crexi
Added: Jun 2
Changed: Sep 8
Last Checked: Sep 8 at 5:15AM
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 Kocour Company
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,216
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
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
