130-132 E Washington St - Storefront FOR SALE


Phoenix, AZ 85004- Central City
$3,300,000 USD
480-273-0212
130-132 E Washington St, Phoenix, AZ for Sale
$3,300,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

130-132 E Washington St
Phoenix, AZ 85004
Central City


HIGHLIGHTS

  • Premier urban location across from Block 23 with constant pedestrian flow.
  • Positioned within an Opportunity Zone offering potential tax advantages for investors.
  • Surrounded by major entertainment, sports venues, and the convention center creating strong year-round activity.
  • Located directly on the light rail with exceptional walkability supported by a Walk Score of 94.

OVERVIEW

This rare Downtown Phoenix acquisition opportunity places investors at the center of one of the fastest growing urban environments in the Southwest. Situated directly across from Block 23 and steps from premier dining, entertainment, sports venues, and the Phoenix Convention Center, these properties benefit from exceptional pedestrian activity, extensive public investment, and seamless connectivity throughout the downtown core. The location sits on the Valley Metro light rail with a Walk Score of 94, reinforcing its appeal for destination-driven retail, adaptive reuse, or long-term hold strategies within a thriving live-work-play district. Downtown Phoenix has undergone a transformational resurgence supported by both public and private investment. Major institutions including Arizona State University’s Downtown Campus, the Phoenix Biomedical Campus, and key government offices energize the daytime workforce, while thousands of newly delivered multifamily units continue to expand the residential base. Streetscape enhancements, cultural anchors, and major mixed-use developments have elevated the district’s identity, making this location one of the most sought-after urban investment areas in the region. Each structure contributes its own character and potential. With vintage architectural roots dating to 1900 alongside a complementary 1999 building, the properties offer flexible repositioning pathways. Investors can explore retail, hospitality, creative office, or experiential concepts benefiting from sustained demand drivers and limited available land in the urban core. The Opportunity Zone designation provides additional tax-advantaged investment upside, strengthening long-term return potential within an already dynamic market. Anchored by strong demographic density, excellent transit, and ongoing expansion across Downtown Phoenix, these Washington Street assets represent a compelling chance to secure a strategically positioned property in a district marked by growth, vibrancy, and long-range development momentum.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,850 SF

ZONING

C-DT

APN/PARCEL ID

112-28-070

ASK ABOUT THIS PROPERTY

Jake ViceROI Properties, LLCMore Info
480-273-0212

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Jake ViceROI Properties, LLCMore Info
480-273-0212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.