650 W Coolidge St - Freestanding FOR SALE


Phoenix, AZ 85013- Midtown Phoenix
$650,000 USD
602-553-2933
650 W Coolidge St, Phoenix, AZ for Sale
$650,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

650 W Coolidge St
Phoenix, AZ 85013
Midtown Phoenix


HIGHLIGHTS

  • Surrounded by new multifamily development, including 13,000 units under construction within 5 miles.
  • Traffic counts support strong visibility and signage opportunities.
  • Dense retail corridor less than one mile away with diverse restaurants and shopping.
  • Located near the Biltmore area and the vibrant Melrose District along 7th Avenue.
  • Redevelopment potential for retail or mixed-use concepts on 0.20 acres.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$577 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,876 SF

ZONING

C-3

APN/PARCEL ID

155-34-034

ASK ABOUT THIS PROPERTY

Jeff SchonbergerDavis Commercial AZMore Info
602-553-2933

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Jeff SchonbergerDavis Commercial AZMore Info
602-553-2933

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