2423 W Campbell Ave - Warehouse FOR SALE


Phoenix, AZ 85015- Midtown Phoenix
$795,000 USD
480-848-3168
2423 W Campbell Ave, Phoenix, AZ for Sale
$795,000 USD
Warehouse - FOR SALE
1/82
null | Request Cap Rate

2423 W Campbell Ave
Phoenix, AZ 85015
Midtown Phoenix


HIGHLIGHTS

  • Versatile property configuration allowing multiple income streams across residential and commercial uses
  • Immediate access to Interstate 17 enabling efficient distribution and regional connectivity
  • Tenant-occupied residence offering built-in accessibility and independent operation for care, office, or rental use
  • Open-plan warehouse with grandfathered upholstery shop approval supporting light commercial activity
  • Distinctive on-site bomb shelter contributing unique functional and marketing value
  • Strong surrounding demographics and proximity to Grand Canyon University and downtown Phoenix fueling long-term demand [attachment...140619.473 | PDF]

OVERVIEW

This rare multi-use opportunity at 2423 West Campbell Avenue places investors and owner-users in the heart of central Phoenix with immediate connectivity to Interstate 17, one of Arizona’s most important transportation corridors. The property combines residential, commercial, and specialty structures on a well-situated parcel, creating a flexible asset capable of supporting multiple income streams. Its strategic location allows rapid access to I-10 and Loop 101, optimizing distribution efficiencies and enabling seamless reach across the greater Phoenix region and beyond. Nearby demand drivers include Grand Canyon University, with an enrollment of approximately 100,000 students, and the rapidly expanding core of downtown Phoenix, visited by roughly 46 million people each year. The offering includes a tenant-occupied single-family home that previously operated as a licensed care facility, featuring wide doorways, built-in accessibility, and independent fencing that allows the residence to function autonomously or convert to professional office use. The well-maintained warehouse provides open-span functionality suited for light commercial activity and benefits from a grandfathered approval for an upholstery shop, while the zoning designation may allow for multifamily adaptation. A unique 309 SF bomb shelter introduces an additional layer of distinctiveness and utility. The combination of strong area demographics, steady rental demand, and broad utility across asset types makes this a particularly compelling acquisition within a high-growth market. Daytime populations within a five-mile radius exceed 770,000 residents, supported by average household incomes nearing six figures. These dynamics reinforce long-term income durability for investors while offering exceptional flexibility for owner-users seeking a centrally located operational base. As an offering represented by ORION Investment Real Estate, this property benefits from experienced local brokerage expertise and a proven market presence.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,216

ZONING

R-5

APN/PARCEL ID

154-17-032

ASK ABOUT THIS PROPERTY

Garrett HemeyerORION Investment Real EstateMore Info
480-848-3168

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

Garrett HemeyerORION Investment Real EstateMore Info
480-848-3168

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