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Downtown Phx Boutique Office Bldgs 2 Office Properties Offered at $3,375,000 in Phoenix, AZ
Investment Highlights
- Excellent Freeway Access Via SR-51, I-10, And Loop 202, Allowing Efficient Travel Throughout The Valley
- Minutes From A Wide Variety Of Dining, Retail, Hospitality, And Entertainment Amenities Along Central Avenue And Downtown Phoenix
- Located Within The Highly Desirable Coronado Neighborhood, Known For Its Historic Charm, Walkability, And Strong Surrounding Demographics
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
| Price | $3,375,000 | Number of Properties | 2 |
| Price / SF | $230.77 / SF | Individually For Sale | 2 |
| Sale Type | Investment or Owner User | Total Building Size | 14,625 SF |
| Status | Active | Total Land Area | 1.40 AC |
| Price | $3,375,000 |
| Price / SF | $230.77 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 14,625 SF |
| Total Land Area | 1.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 119 E Coronado Rd, Phoenix, AZ 85004 | Office | 10,650 SF | 1966 | - |
| 101 E Coronado Rd, Phoenix, AZ 85004 | Office | 3,975 SF | 1966 | - |
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Downtown Phx Boutique Office Bldgs