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4105 S Central Ave 5,700 SF Retail Building Phoenix, AZ 85040 $1,795,000 ($314.91/SF)
Investment Highlights
- Fully upgraded exterior and interior
- Within an Opportunity Zone
- Ample parking
- Close proximity to Downtown Phoenix
Executive Summary
Rare C-3 Opportunity Zone Investment | Transit-Oriented | Value-Add + Owner-User Potential
Exceptional opportunity to acquire a rare C-3 zoned commercial property positioned in a designated Opportunity Zone within a rapidly transforming redevelopment corridor. Strategically located adjacent to the light rail station, this high-visibility, transit-oriented asset offers unmatched accessibility, strong foot traffic, and long-term appreciation potential as the surrounding area continues to evolve.
The property is currently improved with multiple tenants on month-to-month leases, providing immediate in-place cash flow while offering flexibility for repositioning, lease restructuring, or owner occupancy. This structure creates an ideal scenario for investors seeking upside through rental adjustments or redevelopment, as well as for an owner-user who wants to offset occupancy costs with supplemental rental income.
Zoned C-3, the property allows for a wide range of commercial uses, making it well-suited for:
Creative studios and artist suites
Wellness and personal service providers
Professional offices
Boutique retail or gallery space
Mixed-use redevelopment (subject to city approvals)
The existing layout lends itself to private suites, making it especially attractive for artists, designers, therapists, beauty professionals, and other service-based businesses seeking affordable, flexible space in a growing district.
With strong fundamentals—prime zoning, opportunity zone tax advantages, transit adjacency, and redevelopment momentum—this asset presents a compelling blend of current income and long-term upside.
Ideal for investors, developers, or owner-users seeking cash flow with future growth potential.
Exceptional opportunity to acquire a rare C-3 zoned commercial property positioned in a designated Opportunity Zone within a rapidly transforming redevelopment corridor. Strategically located adjacent to the light rail station, this high-visibility, transit-oriented asset offers unmatched accessibility, strong foot traffic, and long-term appreciation potential as the surrounding area continues to evolve.
The property is currently improved with multiple tenants on month-to-month leases, providing immediate in-place cash flow while offering flexibility for repositioning, lease restructuring, or owner occupancy. This structure creates an ideal scenario for investors seeking upside through rental adjustments or redevelopment, as well as for an owner-user who wants to offset occupancy costs with supplemental rental income.
Zoned C-3, the property allows for a wide range of commercial uses, making it well-suited for:
Creative studios and artist suites
Wellness and personal service providers
Professional offices
Boutique retail or gallery space
Mixed-use redevelopment (subject to city approvals)
The existing layout lends itself to private suites, making it especially attractive for artists, designers, therapists, beauty professionals, and other service-based businesses seeking affordable, flexible space in a growing district.
With strong fundamentals—prime zoning, opportunity zone tax advantages, transit adjacency, and redevelopment momentum—this asset presents a compelling blend of current income and long-term upside.
Ideal for investors, developers, or owner-users seeking cash flow with future growth potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,700 SF
Building Class
C
Year Built/Renovated
1967/2023
Price
$1,795,000
Price Per SF
$314.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
C-3 - C-3 generally allows for a broad range of retail, office, service, and mixed-use development — making it highly attractive to investors.
Parking
35 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
82’ on South Central Avenue
Amenities
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 113-13-067 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $35,548 |
Property Taxes
Parcel Number
113-13-067
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$35,548
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4105 S Central Ave
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