7140 E 1ST Avenue Scottsdale, AZ 85251
6,401 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision West Scottsdale
MLS Listing ID 6889758
Year Built 1915
Annual Tax Amount $6,230
Tax Year 2024
Lot Size 6,401 Sqft
Acres 0.15
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Property Type: Commercial | Zoning: C-2 DO
Lot Size: .15 ac | Existing Improvements: 2,556
Proposed Redevelopment: ±10,000 SF Commercial / ±8,000 SF Residential
Occupancy: Previously Leased (Yoga Studio Tenant in Detached Building at $2,700/month.
Overview:
Prime redevelopment or owner-user opportunity located just off Scottsdale Rd and 1st Ave in the heart of Old Town Scottsdale. This C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1 Bed / 1.5 Bath residence with an attached therapy / treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status:
Previously submitted to City of Scottsdale Development Review Board for a new mixed-use project totaling approx. 18,000 SF (10K SF commercial + 8K SF residential). Conceptual site plans and C.O.S. Review documents available upon request.
Highlights:
- Irreplaceable Old Town location with strong pedestrian traffic
- Excellent street frontage and signage potential
- Dedicated and adjacent public parking
- Existing income with significant value-add or redevelopment upside
- C-2 DO overlay enhances flexibility for higher density and mixed-use options.
Ideal For:
- Boutique Developer
- Owner/User
- Retail/Medical/WELLNESS Concepts
- Live/Work or Residential Loft Product
Location
State AZ
County Maricopa
Community West Scottsdale
Zoning C2
Direction From Indian School, South on Scottsdale Road, West on First Avenue. Property is on the North side of First Avenue.
Interior
Heating Electric, Natural Gas
Cooling Central Air
Flooring Wood
Exterior
Parking Features Parking Lot, Other
Fence Other, Block, Wood
Roof Type Foam
Building
Dwelling Type Other (See Remarks),Commercial,Office
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 130-12-021
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