Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Open creative space with patio
  • Ideal for a variety of retail or office uses
  • Thomas Road frontage with monument sign
  • Former coffee shop, lounge, and salon
  • Recently renovated

Executive Summary

3123 E Thomas Rd features an open, creative layout with an inviting patio, offering a flexible environment well suited for a range of retail or office users. The property was previously operated as a coffee shop, lounge, and salon, allowing for a wide variety of potential adaptive reuses.
Recently renovated, the building provides a refreshed and modernized space with strong visibility along Thomas Road. Monument signage enhances street presence, making this an excellent opportunity for an owner-user or investor seeking a high-exposure Phoenix location with character and versatility.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,485 SF
Building Class
C
Year Built
1961
Price
$795,000
Price Per SF
$177.26
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.49
Lot Size
0.21 AC
Zoning
C-2, Phoenix - Commercial
Parking
16 Spaces (4.05 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,485 SF
  • Retail
  • -
  • Now

• Open creative space with patio • Former coffee shop, lounge, and salon • Ideal for a variety of retail or office uses • Recently renovated • Thomas Road frontage with monument sign

Space Size Space Use Position Available
1st Floor 4,485 SF Retail - Now

1st Floor

Size
4,485 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 4,485 SF
Space Use Retail
Position -
Available Now

• Open creative space with patio • Former coffee shop, lounge, and salon • Ideal for a variety of retail or office uses • Recently renovated • Thomas Road frontage with monument sign

Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
CrossFit
Filiberto's Mexican Food
Fry’s Food Stores
First Convenience Bank
Ono Hawaiian BBQ
F45 Training, Inc.
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
120-23-063B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$38,038
  • Listing ID: 37642364

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 3123 E Thomas Rd, Phoenix, AZ 85016

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}