Property summary
This exceptional commercial property, located at the southeast corner of 3rd Street and Mulberry in vibrant Midtown Phoenix, presents a compelling redevelopment opportunity. The 12,500 square foot lot encompasses two parcels (APN 118-22-066, 118-22-067) and includes a 3,798 square foot building, currently vacant. Built in 1932, the property is classified as Class C and zoned C-1 Neighborhood Commercial, offering significant flexibility for a variety of commercial uses. Previously utilized as a guitar shop, this location benefits from high visibility and convenient access. The property's vacant status makes it ideal for owner-occupancy or adaptive reuse. Situated just a 15-minute drive from Phoenix Sky Harbor International Airport, this location offers unparalleled convenience and accessibility. The asking price for this prime investment opportunity is $1,400,000. Don't miss this chance to acquire a significant piece of Midtown Phoenix real estate with substantial redevelopment potential.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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