802 North 15th Avenue is a prime development opportunity located
just west of Downtown Phoenix. The parcel is located just west of 7th
Avenue and a block south of West Roosevelt Street. It is a quick bike
ride to Roosevelt Row and walking distance to the gentrifying, eclectic
Grand Avenue Arts District. Before completion of the interstate, Grand
Avenue was the gateway to Los Angeles. Today, the diagonal roadway
has morphed into the city's most boho, free-spirited downtown district,
with storefronts and commercial buildings filled with galleries, cafés,
yoga studios, and nightlife spots. On Grand Avenue, no space is
exempt from being a site for public art. That includes a strip on Grand
Avenue and McKinley Street, where a multicolored sidewalk is shaded
by trees.... ...covered in afghans and puffballs hang from the branches
in addition to a variety of murals around this major thoroughfare.
Additionally, you'll also find an array of artist studios and mom-and-pop shops and note this as a place where workspaces and storefronts
collide. Hunt down records at Grand Avenue Records, sip on coffee
and view local artwork at Belhaus, and find some new plant babies at the Instagram-friendly Pueblo. The property is also just under one mile from the heart of downtown Phoenix, and roughly one mile to the nearest Light Rail Station. It is minutes to the Stadium District, the Downtown Biomedical Campus, ASU Downtown Campus, in addition to the I-10 Freeway, giving residents easy access to all areas of Metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will
prove to be a phenomenal development opportunity in a fantastic
central location. 802 North 15th Avenue is a 14,000 square foot lot with a variety of different development opportunities. The current zoning is C-2 which would allow for approximately 6-7 units, but the seller would be willing to give someone time to change the zoning to a higher density if desired. A piece of this site offers a buyer a bite-sized development opportunity in a strong central location with many different options.
Courtesy of: ABI Multifamily The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Russ Lyon Sotheby's International Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 1st October, 2022 8:14 AM (UTC)
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