4238 N 7Th Ave, Phoenix, AZ 85013
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 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
C-2 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
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.