4238 N 7Th Ave Phoenix, AZ 85013
Property summary
This exceptional Phoenix investment opportunity presents a unique 8,100-square-foot retail property located at 4238 N 7th Ave, in the vibrant Melrose District, zip code 85013, Maricopa County, Arizona. Priced at $1,995,000 ($246.30/sq ft), this single-story building sits on a C-2 zoned lot and offers a versatile layout suitable for a variety of uses, including a bar, convenience store, or quick-service restaurant (QSR). The entire 8,100 square feet is net rentable, providing maximum space utilization for your business. A valuable bonus feature is the inclusion of a mezzanine level, adding extra space for storage, office areas, or even expanded customer seating. Further enhancing the property's appeal is a fenced backyard, offering potential for outdoor seating, storage, or additional development. This property represents a strong investment opportunity in a thriving Phoenix neighborhood. The location within the Melrose District provides excellent visibility and accessibility, ensuring high foot traffic and potential for significant returns. Don't miss this chance to acquire a versatile and well-situated retail property in a prime Phoenix location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Phoenix market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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Find the owner behind the property.
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