2505 N 7th Street, Phoenix, AZ, 85006

2505 N 7th Street Phoenix, AZ 85006

FOR SALE
Property Type:
Street Retail
Amount:
$1,150,000
Last Verified:
Jan 26, 2023

Highlights

  • Exceptional location in the Midtown Submarket
  • Retail, Office, and/or Event Space
  • Large Courtyard

Description

Rare opportunity for a flexible commercial space in the Phoenix Midtown Market. The property currently operates as a hair salon, making it ideal for various retailers, office space, café, or a creative live/work set-up. Located with significant visibility along 7th street and within walking distance of popular restaurants, bars, and new luxury apartments. This is an excellent opportunity to own in one of the most sought-after areas in Central Phoenix!

Commercial Retail

Building Size: 1732sq ft
Lot Size: 0.15 acres

Map of 2505 N 7th Street, Phoenix, AZ, 85006

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.