Property Description

Rare Mixed-Use Opportunity in Old Town Scottsdale.Property Type: Commercial | Zoning: C-2 DOLot Size: .15 ac | Existing Improvements: 2,556Proposed Redevelopment: ±10,000 SF Commercial / ±8,000 SF ResidentialOccupancy: Previously Leased (Yoga Studio Tenant in Detached Building at $2,700/month.Overview:Prime redevelopment or owner-user opportunity located just off Scottsdale Rd and 1st Ave in the heart of Old Town Scottsdale. This C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1 Bed / 1.5 Bath residence with an attached therapy / treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status:Previously submitted to City of Scottsdale Development Review Board for a new mixed-use project totaling approx. 18,000 SF (10K SF commercial + 8K SF residential). Conceptual site plans and C.O.S. Review documents available upon request.Highlights:- Irreplaceable Old Town location with strong pedestrian traffic- Excellent street frontage and signage potential- Dedicated and adjacent public parking- Existing income with significant value-add or redevelopment upside- C-2 DO overlay enhances flexibility for higher density and mixed-use options.Ideal For:- Boutique Developer- Owner/User- Retail/Medical/WELLNESS Concepts- Live/Work or Residential Loft Product

Property Features