4249 N 16th Street Unit -, Phoenix, AZ 85016

$1,195,000

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List Price
$1,195,000
Status
ACTIVE
Price Change
▼ $455,000 1788990580
Days on Market
50
MLS#
7057819
City
Phoenix
Lot Size
27,485
Acres
0.63

Property Description

Rare opportunity to acquire a mixed-use development site in the heart of Central Phoenix. This vacant parcel features C-2 Commercial zoning at the front and R-3 Multifamily zoning at the rear, offering exceptional flexibility for residential, mixed-use, or commercial development. Plans have been submitted to the City of Phoenix for 8 modern townhomes. Highlights: Mixed C-2 & R-3 zoning Plans submitted for 8 townhomes High-visibility 16th Street frontage Utilities available Minutes from SR-51, Downtown Phoenix, Midtown, Camelback Corridor, and Sky Harbor Airport Ideal for townhomes, mixed-use, office, retail, medical, restaurant, or live/work development. Located in one of Phoenix's most desirable infill corridors, this is a rare opportunity to develop in a high-demand.

Additional Information

Taxes
$4,205
Zoning
C-2
Fencing
None
Subdivision
Morningside Acres
Electric
City Electric
Water
City Franchise
New Financing
Cash, Seller Approve Terms

Courtesy of Apex Residential. 602-290-4663

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