531 E Lynwood St - Office/Residential FOR SALE


Phoenix, AZ 85004- Encanto
$1,150,000 USD
602-451-5826
531 E Lynwood St, Phoenix, AZ for Sale
$1,150,000 USD
Office/Residential - FOR SALE
1/76
null | Request Cap Rate

531 E Lynwood St
Phoenix, AZ 85004
Encanto


OVERVIEW

A rare chance to own a fully modernized piece of true Phoenix and Arizona history. Built in 1915 for Parker L. Woodman, mining superintendent of the Copper Queen Mine in Bisbee (one of the largest in the world at that time), this Neo-Colonial home originally stood along Central Avenue at 11 E. Ashland. After serving as an art gallery for 18 years starting in mid-80's, it became the last remaining residential building on Central between McDowell and Thomas. With development approaching, it was saved from demolition and moved (by city permit) to Lynwood Street in 2006. As a condition of the move, all major systems were brought to code - new foundation, plumbing, sewer, electrical, roof, and split HVAC. What remains original are the historic details that matter - coffered ten-foot ceilings, rich fir floors, five-panel doors, painted cast stone masonry with full slab fireplace mantel, multi-light windows, and a classic Palladian gable. Currently setup as 5-8 offices (depending on configuration), some are large enough to be a conference room. Full bathroom downstairs, and a half bath up and down. Kitchen and dining room on the first floor. Zoned DTC-EEVER (Downtown Code - East Evergreen), the property offers rare live/work flexibility. It's ideally suited for office use - law, architecture, design, wellness, or consulting - or for creative studio space, gallery, or boutique retail. The zoning also permits full residential use or a combination of both. Whether you need a client-facing space with character, a quiet retreat for focused work, or a one-of-a-kind live/work hybrid, this property can adapt to your vision while maintaining its historic charm. Eight off-street parking spaces are included, along with a recorded ingress/egress easement to the west. Opportunities like this - where character, location, and zoning align - don't come around often.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$404 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

DTC

APN/PARCEL ID

111-37-084A

ASK ABOUT THIS PROPERTY

Greg MarkovHomesmart International LLCMore Info
602-451-5826

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Greg MarkovHomesmart International LLCMore Info
602-451-5826

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