This property presents an appealing redevelopment opportunity near Phoenix’s dynamic Melrose District and Biltmore area. Comprising a freestanding 994-square-foot building on a 0.20-acre parcel, it offers flexibility for retail or mixed-use adaptation. Zoned C-3 (Commercial), the site benefits from its strategic placement along 7th Avenue and Coolidge Street, ensuring visibility and easy access.
The immediate trade area is known for its dense retail corridors and diverse dining and entertainment options, with numerous established businesses operating within a one-mile radius. The location is positioned amidst high-traffic counts, while more than 13,000 multifamily units are currently in construction within 5 miles, adding to local consumer demand.
With Phoenix’s robust population growth, this property offers potential for value-add investors and developers seeking to leverage proximity to thriving lifestyle centers and urban infill trends.