5530 7Th St, Phoenix, AZ 85012
This exceptional 3,500 square foot flex space, situated in the highly desirable Uptown Phoenix area, presents a unique investment opportunity. Recently renovated in 2025, this Class A building boasts all-new plumbing, electrical, and mechanical systems, reflecting a significant investment in its modernization. Originally constructed in 1962, the adaptive reuse project has received approval for restaurant use, opening up a variety of potential applications for this versatile property. The single-tenant occupancy provides a streamlined approach to management and leasing. Located on a sizable 16,080 square foot lot, the property offers ample parking with 36 spaces available for tenants and customers. Its strategic location places it in close proximity to major retail establishments, other restaurants, and office spaces, ensuring high visibility and foot traffic. The C2 zoning, designated as the City of Phoenix Intermediate Commercial district, allows for a wide range of commercial uses, enhancing the property's long-term value and potential. This property is ideal for a discerning buyer seeking a modern, well-located, and versatile commercial space in a thriving urban environment. The combination of its recent renovation, prime location, and flexible zoning makes this a truly exceptional opportunity. The building's size and parking capacity are significant advantages in a competitive market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.