Prime DT Phx Property for Sale
702-710 N. Central Ave
Phoenix, AZ 85004
Highlights
- Premier Central Ave Frontage | Direct Light Rail Access
- Purchase Price is inclusive of business operations on site
- Walking distance to Roosevelt Row, and ASU DT Phx Campus
- Surrounded by Major Redevelopment | Immediate Proximity to I-10 Freeway
- Sufficient On Site Parking | 32 Total Spaces
Description
The subject property consists of a two story ±18,058 SF retail building currently occupied by The Grand, a 24/7 restaurant and coffee shop, and Club Downtown, a prominent night club. The site consists of a ±0.80 AC lot in the heart of Downtown Phoenix. The buildings were built in 1958 and have been recently renovated by the current owner with exposed ceilings and industrial finishes throughout.
The subject property is located in the heart of Downtown Phoenix, one of the fastest growing job markets and economies in the United States. In addition to having access to the I-10 Freeway and being within walking distance of major sporting venues such as Chase Field and Footprint Center, the building lies in the center of a Downtown that is experiencing significant and positive change. This location is surrounded by impressive urban amenities including living, shopping, arts and entertainment. Beyond large-scale projects such as the Phoenix Convention Center, Valley Metro Light Rail and both the ASU Downtown Campus and the U of A Phoenix Biomedical Campus, there is also a real grassroots effort by the city to create a true "downtown" community.
