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Executive Summary

Rare Downtown Phoenix hard corner owner user or redevelopment opportunity.
Flexible zoning allowing for an abundance of uses including apartment, office, retail, etc.
Existing structure includes a highly functional office layout with mostly private offices.
Twelve dedicated parking spaces and potential for additional parking on neighboring lot.
Tremendous walkability in an area surrounded by countless amenities.
Numerous Class A developments in immediate area.
Convenient access to I-10 Freeway.

Property Facts

Price $2,512,300 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
Total Lot Size 0.43 AC
Opportunity Zone Yes
Zoning DTC-VANB - DTC-VANB, Downtown Core

1 Lot Available

Lot

Price $2,512,300 CAD
Price Per AC $5,842,558.31 CAD
Lot Size 0.43 AC
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 111-41-075
  • 111-41-076
Land Assessment
$73,693 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,478 CAD
  • Listing ID: 40338709

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 394 N 3rd Ave, Phoenix, AZ 85003

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