1502 W Osborn Rd - Office FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$1,150,000 USD
602-851-7677
1502 W Osborn Rd, Phoenix, AZ for Sale
$1,150,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

1502 W Osborn Rd
Phoenix, AZ 85015
Midtown Phoenix


HIGHLIGHTS

  • Renovated in 2025 with modernized interiors and functional workspace layouts
  • Strong visibility along W Osborn Road with dedicated on-site parking
  • Flexible configuration suitable for office, medical, creative, and administrative uses
  • Positioned within a dense residential and established business community

OVERVIEW

1502 W Osborn Road presents a rare owner-user or investor opportunity in one of Central Phoenix’s most strategically positioned infill corridors. Seller Financing Available with reasonable down and better than market rates with the right offer. Partially renovated in 2025, the property blends modern functionality with a highly accessible Midtown-adjacent location, creating an ideal environment for professional services, boutique medical practices, creative firms, and administrative operations. Its placement within an established business and residential district provides steady daytime activity, consistent demand drivers, and long-term stability for a future owner. The property’s location delivers outstanding regional connectivity. Immediate access to I-17 places the broader Phoenix metro within easy reach, while proximity to Downtown, Uptown, and the Camelback Corridor strengthens the site’s appeal for organizations seeking a central, client-friendly presence. The nearby Light Rail corridor enhances transit accessibility, supporting both workforce convenience and long-term value for potential occupants. The building features a functional layout that includes a full kitchen, private meeting rooms, dedicated bathrooms, and a defined reception area, creating a turnkey environment for multiple business types. With 28 marked parking spaces and strong visibility along W Osborn Road, the property offers operational efficiency and customer-facing prominence. The generous lot size and dual-parcel configuration provide flexibility for future reconfiguration or expansion subject to zoning allowances. For owner-users, the asset presents an opportunity to control occupancy costs while building equity in a high-growth submarket. For investors, the surrounding residential density and ongoing commercial development create favorable conditions for future leasing, supported by sustained demand for well-located small to mid-sized office buildings. This infill location, combined with modern improvements, accessibility, and compelling long-term fundamentals, makes 1502 W Osborn Road a strong choice for buyers seeking a strategic foothold in Central Phoenix

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-O

APN/PARCEL ID

110-15-096,110-15-097

ASK ABOUT THIS PROPERTY

Blake MalleryCOMPASSMore Info
602-851-7677

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Blake MalleryCOMPASSMore Info
602-851-7677

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