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303 E Palm Ln
Phoenix, AZ 85004
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • ±9,432 SF of office zoned C-O
  • Quick access to I-10, I-17, and SR-51
  • Gated entry for security
  • 39 parking spaces (12 covered)
  • Walking distance to light rail station at Central Ave & McDowell Rd
  • Abundant natural light

EXECUTIVE SUMMARY

303 E Palm Lane offers a unique opportunity in the heart of Midtown Phoenix, combining historic charm with modern functionality. This ±9,432 SF office building sits on a ±0.42-acre lot within the Los Olivos Historic District, providing a quiet, professional setting just minutes from Downtown Phoenix. The property features abundant natural light, secure gated entry, and 39 parking spaces, including 12 covered spots. Its prime location offers excellent accessibility to I-10, I-17, and SR-51, as well as convenient proximity to the light rail station at Central Avenue and McDowell Road. Surrounded by cultural landmarks such as the Phoenix Art Museum and Heard Museum, this property is ideal for creative firms, professional offices, or boutique businesses seeking a distinctive space. Available for Sale or Lease at $3,500,000 and a competitive full-service rate of $28/SF/YR, with flexible suite options ranging from ±710 SF to ±2,610 SF contiguous.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,432 SF
Building Class
C
Year Built
1974
Price
$4,841,865 CAD
Price Per SF
$513.34 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,432 SF
Building FAR
0.22
Lot Size
0.98 AC
Zoning
C-O, Phoenix - Commercial Office
Parking
41 Spaces (4.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 118-54-015A
  • 118-54-016
Land Assessment
$47,315 CAD
Improvements Assessment
$0 CAD
Total Assessment
$188,367 CAD
  • Listing ID: 38356077

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 303 E Palm Ln, Phoenix, AZ 85004

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