1201 E Van Buren St 2,410 SF Vacant Retail Building Phoenix, AZ 85006 $1,406,723 CAD ($583.70 CAD/SF)

1201 E. Van Buren Street presents an opportunity to acquire a freestanding retail asset positioned at the signalized corner of Van Buren Street and 12th Street in Phoenix's evolving Eastlake-Garfield area. The property offers a highly visible location along one of the city's primary east-west corridors, benefiting from approximately 17,515 vehicles per day and strong exposure to both local and commuter traffic.
Delivered in shell condition, the building provides flexibility for a variety of potential uses including retail, restaurant, medical, showroom, or creative office concepts. Its corner positioning and standalone configuration support branding, customer access, and operational flexibility for owner-users or investors seeking a property that can be customized to specific business requirements.
The surrounding area continues to experience significant residential and mixed-use development activity. More than 1,000 multifamily units are located within a one-mile radius, including the adjacent VB on 12th luxury apartment community. Additional nearby projects include X Phoenix Phase II, a 26-story mixed-use development delivering 352 residential units and retail amenities, as well as the Central Station redevelopment project featuring a 33-story tower and transit-oriented components. These projects contribute to a growing residential population and expanding consumer base in the immediate area.
Located near Downtown Phoenix and major transportation infrastructure, the property benefits from convenient connectivity to employment centers, entertainment venues, educational institutions, and Phoenix Sky Harbor International Airport. The combination of a prominent location, redevelopment momentum, and adaptable building configuration creates a compelling opportunity for investors and owner-users seeking exposure to one of Phoenix's active urban growth corridors.