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OFF-MARKET
Retail properties & Spaces

1624 Washington St Phoenix, AZ 85034

17,696 SF Built 1925
Property ID
Property summary
AI-generated overview

This exceptional Phoenix commercial property, known as Urban District Flex Lofts, offers a unique blend of office and retail spaces ideal for diverse businesses. Located in the North Airport Industrial submarket, this two-story building boasts a total of 17,696 square feet, with seven individual suites available for lease. The building's flexible layout allows for spaces ranging from a minimum of 400 square feet to a maximum contiguous space of 2,700 square feet, catering to a variety of business needs and sizes. Currently, 8,360 square feet is available for lease. Built in 1925, the building is zoned C-3 by the City of Phoenix and features frontage on E Washington St. While the building does not have elevators, its two-story design offers convenient access to all suites. The property's multiple tenancy structure provides a dynamic and collaborative environment. This prime location in the North Airport Industrial submarket offers excellent accessibility and visibility. The property's APN is 115-04-094, 095, 096, 097, and it is situated in Maricopa County. This versatile property is perfect for businesses seeking a blend of modern functionality and historic charm in a thriving Phoenix location. Inquire today to secure your ideal space within this sought-after commercial building.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 17,696 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NSTOR Art Studio
  • Urban District Center Business Service Center Corporate Office
  • Coronado Auto Repair & Sales Auto Repair Shop
  • Tyler's Bathroom Designs Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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