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    Downtown Phoenix, AZ Retail Properties & Spaces for Sale

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    Functional Commercial Building on McDowell
    Updated: May 26
    Functional Commercial Building on McDowell

    323 East McDowell Road, Phoenix, AZ 85004

    $745,000
    2,389 sqft
    Street‑level commercial opportunity.
    Adaptable layout for a range of business types.
    Ease of access for clients and staff.
    Functional structure prioritizing usability.
    Ability to immediately plug into an established urban setting.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    323 East McDowell Road, Phoenix, AZ 85004

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $528K
      Dec 2004

    • Property Type

      Office Building
      Built 1965
    View Property Analytics
    Midtown Phoenix Retail Condo
    Updated: Apr 1
    Midtown Phoenix Retail Condo

    2323 N Central Ave # 101, Phoenix, AZ 85004

    $600,000
    1,800 sqft
    Prime Midtown Phoenix location near dining, arts, and entertainment
    Direct frontage on Central Avenue with high visibility
    ±1,800 SF street‑level retail condo
    Located within Regency on Central, a landmark 22‑story residential tower
    Built‑in customer base with 119 residential units
    View details
    Downtown Phoenix Ground Floor Retail
    Downtown Phoenix Ground Floor Retail

    777 N Central Ave, Phoenix, AZ 85004

    Contact for pricing
    5,290 sqft

    Ground floor retail space available in downtown Phoenix.

    View details
    Prime Retail Space in Phoenix
    Prime Retail Space in Phoenix

    NEC Roosevelt St & 2nd St, Phoenix, AZ 85004

    Contact for pricing
    25,000 sqft

    Located in the heart of Roosevelt Row Arts District.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Downtown Phoenix, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tempe Convenience Store Opportunity
    Tempe Convenience Store Opportunity

    802 S Hardy Dr, Tempe, AZ 85281

    $1,650,000
    2,555 sqft 0.33 AC lot

    Convenience store near Downtown Tempe and Arizona State University.

    View details
    Retail Building in Scottsdale, Arizona
    Retail Building in Scottsdale, Arizona

    3030 N 68th St, Scottsdale, AZ

    $2,600,000
    2,627 sqft 0.39 AC lot

    Retail building with 2,627 square feet available for sale.

    View details
    Retail Space Near Phoenix Metro
    Retail Space Near Phoenix Metro

    825 S 48th St, Tempe, AZ

    Contact for pricing
    9,276 sqft 1.73 AC lot

    Retail property near Sky Harbor Airport, Downtown Tempe, and ASU.

    View details
    Mixed-Use Property For Sale/Lease
    Mixed-Use Property For Sale/Lease

    7024 E Osborn Rd, Scottsdale, AZ 85251

    $3,100,000
    5,555 sqft

    Mixed-use property available for sale or lease.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    C-2 Zoned Commercial Land Parcel
    C-2 Zoned Commercial Land Parcel

    1125 N 7TH Street, Phoenix, AZ 85006

    $679,000
    0.47 AC lot

    Flexible C-2 zoned infill parcel for owner-user or redevelopment near downtown amenities.

    View details
    Commercial Lot Ready for Development
    Commercial Lot Ready for Development

    1125 West Grant Street, Unit 13, Phoenix, AZ 85007

    $249,000
    7,350 sqft 0.17 AC lot

    Prime commercial lot near downtown Phoenix with growth potential.

    View details
    Fully Paved Commercial Lot with Mobile Office
    Fully Paved Commercial Lot with Mobile Office

    1117 W BUCKEYE Road, Phoenix, AZ 85007

    $300,000
    0.15 AC lot

    Affordable C-3 zoned, fully paved lot with mobile office, canopy, utilities, fencing, and alley access.

    View details
    Phoenix Land Parcel For Sale
    Phoenix Land Parcel For Sale

    2901 E VAN BUREN Street 19, Phoenix, AZ 85008

    $484,000

    Land parcel available in Phoenix, Arizona.

    View details

    Off-Market Properties in Downtown Phoenix, AZ

    Consider similar Off-Market properties in Downtown Phoenix, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1017 Central Ave
    BAR, TAVERN

    1017 Central Ave, Phoenix, AZ 85004-1939

    $960,000
    Estimated value
    2,100 sqft 0.11 AC lot
    View details
    545 Mcdowell Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    545 Mcdowell Rd, Phoenix, AZ 85004-1537

    $3,505,000
    Estimated value
    4,320 sqft 0.93 AC lot
    View details
    1724 1st Ave
    AUTO REPAIR, GARAGE

    1724 1st Ave, Phoenix, AZ 85003-2839

    $590,000
    Estimated value
    3,300 sqft 0.16 AC lot
    View details
    295 Roosevelt St
    PARKING GARAGE, PARKING STRUCTURE

    295 Roosevelt St, Phoenix, AZ 85004-2099

    $28,945,000
    Estimated value
    24,620 sqft 0.96 AC lot
    View details
    2700 Central Ave
    PARKING GARAGE, PARKING STRUCTURE

    2700 Central Ave, Phoenix, AZ 85004-1133

    Value Estimation by Request
    177,560 sqft 2.04 AC lot
    View details
    603 5th Ave
    RESTAURANT

    603 5th Ave, Phoenix, AZ 85003-1528

    $1,340,000
    Estimated value
    3,454 sqft 0.32 AC lot
    View details
    521 Mcdowell Rd
    RESTAURANT

    521 Mcdowell Rd, Phoenix, AZ 85003-1216

    $1,390,000
    Estimated value
    2,660 sqft 0.24 AC lot
    View details
    101 1st Ave
    RETAIL STORES (PERSONAL SERVICES)

    101 1st Ave, Phoenix, AZ 85003-1902

    $1,500,000
    Estimated value
    9,445 sqft 0.08 AC lot
    View details
    1850 Central Ave
    PARKING GARAGE, PARKING STRUCTURE

    1850 Central Ave, Phoenix, AZ 85004-4527

    Value Estimation by Request
    158,199 sqft 4.03 AC lot
    View details
    1601 3rd St
    FINANCIAL BUILDING

    1601 3rd St, Phoenix, AZ 85004

    $3,900,000
    Estimated value
    10,717 sqft 1.01 AC lot
    View details
    2825 Central Ave
    SHOPPING CENTER, STRIP CENTER

    2825 Central Ave, Phoenix, AZ 85004-1030

    $3,785,000
    Estimated value
    30,155 sqft 0.40 AC lot
    View details
    701 1st St
    RETAIL STORES (PERSONAL SERVICES)

    701 1st St, Phoenix, AZ 85004-2063

    $2,020,000
    Estimated value
    2,400 sqft 0.16 AC lot
    View details
    520 Mcdowell Rd
    RETAIL STORES (PERSONAL SERVICES)

    520 Mcdowell Rd, Phoenix, AZ 85003-1217

    $2,550,000
    Estimated value
    4,709 sqft 0.88 AC lot
    View details
    1029 1st St
    GYM, HEALTH SPA

    1029 1st St, Phoenix, AZ 85004-1924

    $1,500,000
    Estimated value
    3,842 sqft 0.16 AC lot
    View details
    530 Adams St
    RETAIL STORES (PERSONAL SERVICES)

    530 Adams St, Phoenix, AZ 85003

    $600,000
    Estimated value
    6,900 sqft 0.16 AC lot
    View details
    601 Watkins Rd
    AUTO REPAIR, GARAGE

    601 Watkins Rd, Phoenix, AZ 85003-2833

    Value Estimation by Request
    1,904 sqft 0.17 AC lot
    View details
    387 Monte Vis Rd
    RESTAURANT

    387 Monte Vis Rd, Phoenix, AZ 85004

    $1,475,000
    Estimated value
    4,008 sqft 0.34 AC lot
    View details
    541 Van Buren St
    RESTAURANT

    541 Van Buren St, Phoenix, AZ 85004-2211

    $17,810,000
    Estimated value
    21,958 sqft 3.84 AC lot
    View details
    309 Mohave St
    RETAIL STORES (PERSONAL SERVICES)

    309 Mohave St, Phoenix, AZ 85003-2743

    Value Estimation by Request
    663 sqft 0.16 AC lot
    View details
    2830 3rd St
    RETAIL STORES (PERSONAL SERVICES)

    2830 3rd St, Phoenix, AZ 85004-1042

    $3,550,000
    Estimated value
    6,499 sqft 0.66 AC lot
    View details

    Downtown Phoenix, AZ Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Downtown Phoenix, AZ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 556,726 square feet of properties for sale, with an estimated market value of $232,808,208.

    Sale prices for stores in Downtown Phoenix, AZ start at $350,000, averaging $2,984,720, and reaching up to $22,537,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 153
    Storefront properties 51
    Automotive properties 30
    Showrooms 8
    Auto shops 7

    Demographics Overview

    Population 1.46M
    Population Growth (5Y) +4.4%
    Median Household Income $76,692
    College Educated 25.3%

    High-Yield Neighborhoods for Investment

    Identify Phoenix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    85024 $349K
    85007 $587K
    85031 $627K
    85015 $795K
    85004 $986.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Phoenix fall within the 100,000+ square foot range.

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