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Investment Highlights

  • Single-story service building with 7,861 SF of industrial space on a 0.77-acre lot.
  • Fenced lot providing security and outdoor storage options.
  • Zoned C-2, allowing for a variety of commercial-industrial uses.
  • Five grade-level doors and 16-foot clear ceiling height for operational flexibility.
  • Located in Midtown Phoenix near major highways and only minutes from Sky Harbor Airport.

Executive Summary

This single-story industrial property at 1532 E Indianola Ave presents a compelling investment opportunity in the heart of Midtown Phoenix. Offering 7,861 square feet of functional space on a 0.77-acre lot, the building is designed for service or light industrial use. Zoned C-2 by the City of Phoenix, the property provides flexible operating potential for a variety of business types, including distribution or specialized service operations.
The facility includes five grade-level doors for efficient loading and workflow as well as a clear ceiling height of 16 feet, supporting diverse industrial applications. A fenced lot enhances security for vehicles and equipment. With single tenancy and established occupancy, this property offers immediate operational or investment utility.
Its central Phoenix location ensures excellent connectivity. The site benefits from close proximity to major transportation corridors including Interstate 10, State Route 51, and Loop 202, allowing for convenient regional access. Phoenix Sky Harbor International Airport is approximately 13 minutes away, supporting logistics and business mobility. Surrounding amenities include extensive retail, dining, and service providers, making the location advantageous for employees and customers alike.
Positioned within a dynamic submarket exhibiting steady growth, this asset provides strong potential for long-term value supported by market demand for industrial facilities in dense urban cores.

Property Facts

Price $1,800,000
Price Per SF $228.98
Sale Type Owner User
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.77 AC
Rentable Building Area 7,861 SF
No. Stories 1
Year Built 1980
Tenancy Single
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 5
Zoning C-2, Phoenix - Zoning C-2, City of Phoenix

Amenities

  • Fenced Lot
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
118-01-078E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$134,478
  • Listing ID: 38321693

  • Date on Market: 11/4/2025

  • Last Updated:

  • Address: 1532 E Indianola Ave, Phoenix, AZ 85014

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