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119 E Coronado Rd 10,650 SF Office Building Phoenix, AZ 85004 For Sale
Investment Highlights
- Prominent Building Signage Opportunity With Strong Visibility And Presence.
- Effortless Pull Up Parking Throughout the Property.
- Building Features Activated Outdoor Space Centered On A Charming Courtyard.
- Bonus Basement Space, not Included in the Stated Square Footage, that can be used for Storage
Executive Summary
LevRose Commercial Real Estate is pleased to present a rare opportunity to acquire 101 & 119 E. Coronado Road, situated on approximately ±1.40 acres in the heart of Central Phoenix. The offering consists of two separately parceled buildings totaling approximately ±14,650 square feet and is available either as a portfolio or the buildings can be purchase separately, providing exceptional flexibility for both owner/users and investors.
Originally constructed in 1950 (119 E. Coronado) and 1966 (101 E. Coronado), the properties showcase character-rich architecture and timeless charm that is increasingly difficult to replicate within Phoenix’s urban core. Strategically positioned just south of McDowell Road between Central Avenue and 7th Street, the site provides immediate access to Interstate 10, State Route 51, and the Valley Metro Light Rail, allowing seamless connectivity to Downtown Phoenix, Midtown, and the greater metropolitan area.
Zoned C-O (City of Phoenix), the site is ideally suited for professional users seeking a boutique office environment with authentic character, offering a compelling alternative to the conventional office product that dominates today’s market. Opportunities to acquire comparable assets within this highly sought-after
submarket are exceedingly rare, making this a truly unique opportunity.
Originally constructed in 1950 (119 E. Coronado) and 1966 (101 E. Coronado), the properties showcase character-rich architecture and timeless charm that is increasingly difficult to replicate within Phoenix’s urban core. Strategically positioned just south of McDowell Road between Central Avenue and 7th Street, the site provides immediate access to Interstate 10, State Route 51, and the Valley Metro Light Rail, allowing seamless connectivity to Downtown Phoenix, Midtown, and the greater metropolitan area.
Zoned C-O (City of Phoenix), the site is ideally suited for professional users seeking a boutique office environment with authentic character, offering a compelling alternative to the conventional office product that dominates today’s market. Opportunities to acquire comparable assets within this highly sought-after
submarket are exceedingly rare, making this a truly unique opportunity.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
10,650 SF
Building Class
C
Year Built
1966
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,325 SF
Building FAR
0.27
Lot Size
0.92 AC
Zoning
C-O - C-O Commercial Office
Parking
33 Spaces (3.1 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 118-55-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $97,538 |
Property Taxes
Parcel Number
118-55-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$97,538
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119 E Coronado Rd
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