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2302 N Central Ave - Tapestry on Central 1,636 SF Office/Retail Condo Unit Offered at $549,060 in Phoenix, AZ 85004



Investment Highlights
- 2302 N. Central Avenue, Unit 105
- The only 1,636 SF Ground floor space with 2 building signs on Central Avenue
- Ample parking included at no additional charge
- Priced way below replacement cost
- Hard corner location on lighted intersection and light rail station
- Seller financing available for a qualified borrower/buyer
Executive Summary
2302 N. Central Avenue, Unit 105 was originally built out in 2020, and it has been used as a professional retail/office for a financial advisory company. Suite 105 is located on the ground floor retail/office level of Tapestry on Central, a new luxury condominium community consisting of seven total floors of which the bottom floor is retail/office. Included with this unit are two opportunities for signs on the building facing Central Avenue and Encanto Blvd., and six parking spaces. The current layout consists of a reception area, three private offices, restroom, storage room. The condo owner’s association is responsible for maintaining the building structure, parking lot, landscaping, and all exterior elements. The property owner is responsible for HVAC, utilities, their own insurance, janitorial, glass repairs and maintenance of the interior of the premises. This is a well-managed property as evidenced by the overall condition of the development. The space is vacant, in move-in ready condition and we will quickly respond to your interest in the space.
Property Facts
| Total Building Size | 392,000 SF | Typical Floor Size | 56,000 SF |
| Property Type | Multifamily (Condo) | Year Built | 2007 |
| Property Subtype | Apartment | Lot Size | 0.03 AC |
| Building Class | B | Parking Ratio | 0.02/1,000 SF |
| Floors | 7 | ||
| Zoning | UR - https://phoenix.municipal.codes/ZO/642 | ||
| Total Building Size | 392,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 7 |
| Typical Floor Size | 56,000 SF |
| Year Built | 2007 |
| Lot Size | 0.03 AC |
| Parking Ratio | 0.02/1,000 SF |
| Zoning | UR - https://phoenix.municipal.codes/ZO/642 |
Amenities
Unit Amenities
- Air Conditioning
- High Speed Internet Access
- Sprinkler System
- Smoke Free
- Wheelchair Accessible (Rooms)
1 Unit Available
Unit 105
| Unit Size | 1,636 SF | Sale Type | Investment or Owner User |
| Price | $549,060 | No. Parking Spaces | 6 |
| Price Per SF | $335.61 | Sale Conditions | High Vacancy Property |
| Condo Use | Office/Retail | APN/Parcel ID | 118-48-458 |
| Unit Size | 1,636 SF |
| Price | $549,060 |
| Price Per SF | $335.61 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 6 |
| Sale Conditions | High Vacancy Property |
| APN/Parcel ID | 118-48-458 |
Description
2302 N. Central Avenue, Unit 105 is a great commercial/office/retail condominium for sale. The current layout consists of a reception area, three private offices, restroom, storage room. It was originally built out in 2020 for a financial advisory firm. Included with the space are two building signage opportunities, and six parking spaces. This is the only opportunity in Central Phoenix to own a 1,636 square foot office/retail space on a hard corner, lighted intersection, with a light rail station right outside the front door. The space is vacant, in move-in ready condition and we will quickly respond to your interest in the space.
Sale Notes
Available for sale is 2302 N Central Avenue, Unit 105 in Phoenix, comprised of an office/retail condominium unit located on the ground floor of the Tapestry on Central retail and residential condominium development on Central Avenue and Encanto Blvd. Tapestry on Central has approx. 400 residents and 280 condominium units.
This is an opportunity to own your own office/retail space in a downtown Phoenix location instead of paying rent to a landlord.
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Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 280 | - | - |
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2302 N Central Ave - Tapestry on Central
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