3309 3Rd St, Phoenix, AZ 85012
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.
-
Ziggie's Music (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.