Redevelopment Opportunity in Phoenix,
For Sale
$4,900,000
9401-9415 N Central Ave, Phoenix, AZ 85020
11,800 SF property suitable for redevelopment, renovation, or owner-user.
Property Size11,800 SF
Price / SF$445,454
Days on Market346
Property Features for 9401-9415 N Central Ave
General Information
Standard status
Active
Size
11,800 SF
Property subtype
Retail
Building Details
Building Size
11,800 SF
Year Built
1982
Listing Agency:
Lee & Associates | Phoenix
(928) 606-0576
Listed By:
Jake Annan
(928) 606-0576
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 20
Last Checked: Aug 21 at 5:46AM
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 Lee & Associates | Phoenix
Investment Insights
Based on property information with market context.
This 11,800 square foot property in Phoenix, Arizona, presents an opportunity for redevelopment, renovation, or owner-user ventures. The property is suitable for a variety of uses including restaurant, bar, office, medical, retail, multifamily, industrial, or entertainment purposes. The property consists of 8 units, with one unit offering 2,500 square feet and seven additional suites each measuring 1,400 square feet. One unit is pre-built as a restaurant space, and another is pre-built as a salon suite. The property benefits from grandfathered uses, 0' setbacks, signage opportunities on both Hatcher Road and Central Road, and proximity to I-17.
Key Highlights
- 11,800 SF of space in 8 units for flexible usage.
- Grandfathered uses and 0' setbacks offer unique development advantages.
- Pre‑built Restaurant and Salon suites reduce initial build‑out costs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,923
Businesses Nearby
Explore this area
Business Placement
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 Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 11,800 SF property suitable for redevelopment, renovation, or owner-user.
Where is this retail space located?
The property is located at 9401-9415 N Central Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 11,800 SF of space in 8 units for flexible usage.; Grandfathered uses and 0' setbacks offer unique development advantages.; Pre‑built Restaurant and Salon suites reduce initial build‑out costs.
