Downtown Phoenix, AZ Retail Properties & Spaces for Sale

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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

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This listing looks promising.

Here's a quick look at some key insights for

2323 N Central Ave # 101, Phoenix, AZ 85004

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Est. Cap Rate

3.4%
NOI ÷ price
Est. NOI

$20K
Annual
Price @ 7% Cap

$291K
Suggested
Last Sold

Feb 2011
$100K
Property Type

Office Building
Built 1964

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Updated: May 11

Mixed-Use Live-Work Property

141-610 E Roosevelt St, Phoenix, AZ 85004

$950,000

1,750 sqft

Street‑level commercial space currently operating as a hair salon
Separate upstairs apartment creates a two‑level mixed‑use configuration
Identified commercial uses include retail, office, gallery, studio, and café operations
Located in Downtown Phoenix’s Roosevelt Row Arts District
Near restaurants, galleries, nightlife, light rail, and downtown employment hubs

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Mixed-Use Live-Work Property

610 E Roosevelt St Unit 141, Phoenix, AZ 85004

$950,000

1,750 sqft

Two-level configuration combines a commercial storefront with a separate apartment in downtown Phoenix.

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Freestanding Two-Story Office Building

2833 N 3rd St, Phoenix, AZ 85004

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10,000 sqft

Two-story freestanding office building on just under one acre, positioned south of the 3rd St and Thomas Rd intersection.

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Downtown Phoenix Ground Floor Retail

777 N Central Ave, Phoenix, AZ 85004

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5,290 sqft

Ground floor retail space available in downtown Phoenix.

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Street-Level Retail Condo

2323 N Central Ave, Phoenix, AZ 85004

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1,800 sqft

Street-level retail condo with direct North Central Avenue frontage and C-2 zoning in a mixed-use tower.

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Functional Commercial Building on McDowell

323 East McDowell Road, Phoenix, AZ 85004

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2,389 sqft

Street-level commercial building suitable for various business types.

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Turn-Key Retail Storefront Space

610 E Roosevelt St, Phoenix, AZ 85004

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1,750 sqft

Turn-key, street-level retail space with expansive storefront glazing and dedicated storage/back-of-house flexibility.

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Prime Retail Space in Phoenix

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

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25,000 sqft

Located in the heart of Roosevelt Row Arts District.

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Owner-User Retail Storefront

521 E Willetta St, Phoenix, AZ 85004

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2,981 sqft

Retail storefront offers easy access to I-17 and is close to Downtown Phoenix destinations.

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New Convenience Store NNN Lease

1802 S 7th St, Phoenix, AZ 85004

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4,650 sqft 2.38 AC lot

Built in 2024, this 4,650+/- SF convenience store sits on a 2.38+/- acre site with an absolute NNN lease structure.

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Freestanding Restaurant Entertainment Venue

1711 South Central Avenue, Phoenix, AZ 85004

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Freestanding restaurant/nightclub/bar plus a leased liquor/convenience store, with abundant parking and expansion land.

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Freestanding Restaurant and Bar

1711-1713 South Central Avenue, Phoenix, AZ 85004

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Vacant freestanding restaurant/nightclub/bar on 0.62 acres with abundant parking and C-3/C-2 zoning.

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Retail Shopping Center with Street Frontage

316 W McDowell Rd, Phoenix, AZ 85003

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Garfield Galleria is fully occupied and offers direct McDowell Rd street frontage.

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Owner-User Retail Storefront

2505 N Central Ave, Phoenix, AZ 85004

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5,964 sqft

Retail storefront space for sale near major hospitals and healthcare employers in central Phoenix.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 15 Active listings in Downtown Phoenix, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

Retail Suite with Monument Signage

4304 W Missouri Ave, Glendale, AZ 85301

Contact for pricing

10,369 sqft

Available retail space with access to I-17 and Grand Avenue from 43rd Avenue and Missouri.

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Tempe Retail/Restaurant Space Available

115 W 6th St, Tempe, AZ 85281

Contact for pricing

15,000 sqft

Prime ground floor retail space near ASU's Tempe Campus.

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Retail Space

5404 W Camelback Rd, Glendale, AZ 85301

Contact for pricing

2,228 sqft

Commercial premises offered for sale within a retail property classification.

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Vineyard Center Strip Mall

4325 S 48th St, Tempe, AZ 85282

Contact for pricing

Multi-tenant retail property positioned at a lighted intersection with full occupancy.

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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 ZIned Commercial Land Parcel

1125 N 7TH Street, Phoenix, AZ 85006

$667,000

0.47 AC lot

C-2 zoned commercial land parcel near downtown amenities with convenient access to major commuter corridors.

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Phoenix Land Parcel For Sale

2901 E Van Buren St, Phoenix, AZ 85008

$484,000

Land parcel available in Phoenix, Arizona.

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Phoenix Land Parcel For Sale

2401-2435 W Indian School Rd, Phoenix, AZ 85015

Contact for pricing

4.50 AC lot

4.5 acre parcel with C3 and R1-4 zoning.

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Commercial Land For Sale

3248 West Indian School Road, Phoenix, AZ 85017

$2,000,000

76,111 sqft

Commercial land available on Indian School Road in Phoenix.

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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.

BAR, TAVERN

1017 Central Ave, Phoenix, AZ 85004-1939

$120,000

Estimated value

2,100 sqft 0.11 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

545 Mcdowell Rd, Phoenix, AZ 85004-1537

$770,000

Estimated value

4,320 sqft 0.93 AC lot

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AUTO REPAIR, GARAGE

1724 1st Ave, Phoenix, AZ 85003-2839

$110,000

Estimated value

3,300 sqft 0.16 AC lot

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PARKING GARAGE, PARKING STRUCTURE

295 Roosevelt St, Phoenix, AZ 85004-2099

$28,945,000

Estimated value

24,620 sqft 0.96 AC lot

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PARKING GARAGE, PARKING STRUCTURE

2700 Central Ave, Phoenix, AZ 85004-1133

$108,680,000

Estimated value

177,560 sqft 2.04 AC lot

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RESTAURANT

603 5th Ave, Phoenix, AZ 85003-1528

$1,340,000

Estimated value

3,454 sqft 0.32 AC lot

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RESTAURANT

521 Mcdowell Rd, Phoenix, AZ 85003-1216

$2,315,000

Estimated value

2,660 sqft 0.24 AC lot

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RETAIL STORES (PERSONAL SERVICES)

101 1st Ave, Phoenix, AZ 85003-1902

$1,500,000

Estimated value

9,445 sqft 0.08 AC lot

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PARKING GARAGE, PARKING STRUCTURE

1850 Central Ave, Phoenix, AZ 85004-4527

$96,830,000

Estimated value

158,199 sqft 4.03 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 15 active listings on our real estate platform. These investment opportunities span a total of 3,192,420 square feet of properties for sale, with an estimated market value of $68,876,092.

Sale prices for stores in Downtown Phoenix, AZ start at $349,000, averaging $2,550,966, and reaching up to $21,598,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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
85032	$595K
85004	$600K
85007	$787.5K
85051	$799.9K

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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Downtown Phoenix, AZ Retail Properties & Spaces for Sale

2323 N Central Ave # 101, Phoenix, AZ 85004

141-610 E Roosevelt St, Phoenix, AZ 85004

610 E Roosevelt St Unit 141, Phoenix, AZ 85004

2833 N 3rd St, Phoenix, AZ 85004

777 N Central Ave, Phoenix, AZ 85004

2323 N Central Ave, Phoenix, AZ 85004

323 East McDowell Road, Phoenix, AZ 85004

610 E Roosevelt St, Phoenix, AZ 85004

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

521 E Willetta St, Phoenix, AZ 85004

1802 S 7th St, Phoenix, AZ 85004

1711 South Central Avenue, Phoenix, AZ 85004

1711-1713 South Central Avenue, Phoenix, AZ 85004

316 W McDowell Rd, Phoenix, AZ 85003

2505 N Central Ave, Phoenix, AZ 85004

Opportunities in Nearby Cities

4304 W Missouri Ave, Glendale, AZ 85301

115 W 6th St, Tempe, AZ 85281

5404 W Camelback Rd, Glendale, AZ 85301

4325 S 48th St, Tempe, AZ 85282

Potential Development Sites for Consideration

1125 N 7TH Street, Phoenix, AZ 85006

2901 E Van Buren St, Phoenix, AZ 85008

2401-2435 W Indian School Rd, Phoenix, AZ 85015

3248 West Indian School Road, Phoenix, AZ 85017

Off-Market Properties in Downtown Phoenix, AZ

1017 Central Ave, Phoenix, AZ 85004-1939

545 Mcdowell Rd, Phoenix, AZ 85004-1537

1724 1st Ave, Phoenix, AZ 85003-2839

295 Roosevelt St, Phoenix, AZ 85004-2099

2700 Central Ave, Phoenix, AZ 85004-1133

603 5th Ave, Phoenix, AZ 85003-1528

521 Mcdowell Rd, Phoenix, AZ 85003-1216

101 1st Ave, Phoenix, AZ 85003-1902

1850 Central Ave, Phoenix, AZ 85004-4527

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

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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