2824 Central Ave Phoenix, AZ 85004-1019

This exceptional freestanding restaurant building, located at 2824 N Central Ave in Phoenix, Arizona, presents a compelling investment opportunity. The property boasts 2,416 square feet situated on a 0.46-acre lot, offering ample space for a thriving culinary establishment. Built in 1975, the single-story building is zoned C-2, providing flexibility for various commercial uses. The property's strategic location offers significant advantages. It's situated approximately one mile from the I-10 Freeway, a major thoroughfare with an estimated 237,488 vehicles passing daily. The surrounding area demonstrates strong demographics, with a dense population of approximately 414,846 people and a daytime/employee population exceeding 626,000 within a five-mile radius. Average household incomes within a one-mile radius are approximately $108,000, indicating a strong consumer base. The property's APN is 118-43-119 & 118-43-121B. This prime location and strong market indicators make this a highly desirable property for investors seeking a profitable venture in a vibrant Phoenix neighborhood. The asking price has been reduced to $1.75 million.