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7050-7058 E Main St 9,423 SF 100% Leased Retail Building Scottsdale, AZ 85251 $9,103,759 CAD ($966.12 CAD/SF)
Executive Summary
This property represents a rare retail or redevelopment opportunity strategically located in the heart of Old Town Scottsdale’s Art District. Positioned on the hard corner of N. Marshall Way and E. Main Street, the site offers exceptional visibility and connectivity, surrounded by a high concentration of retail, dining, and cultural destinations.
Fully leased under short-term, below-market agreements, the property provides both an immediate income stream and the flexibility for repositioning. Its central location places it within an area experiencing robust redevelopment activity, including high-profile retail and multifamily projects, further enhancing the site’s long-term value.
With a generous lot size and favorable C-2 DO zoning, this property offers flexibility for future mixed-use, retail, or hospitality development. Situated minutes from Scottsdale Road, Indian School Road, and Loop 101, the location provides ease of access for both local and regional traffic, making it an attractive destination for visitors and residents alike.
Fully leased under short-term, below-market agreements, the property provides both an immediate income stream and the flexibility for repositioning. Its central location places it within an area experiencing robust redevelopment activity, including high-profile retail and multifamily projects, further enhancing the site’s long-term value.
With a generous lot size and favorable C-2 DO zoning, this property offers flexibility for future mixed-use, retail, or hospitality development. Situated minutes from Scottsdale Road, Indian School Road, and Loop 101, the location provides ease of access for both local and regional traffic, making it an attractive destination for visitors and residents alike.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,423 SF
Building Class
C
Year Built
1955
Price
$9,103,759 CAD
Price Per SF
$966.12 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
C-C - C-2 DO, City of Scottsdale
Parking
20 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Smoke Detector
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 130-12-068A | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $172,568 CAD |
Property Taxes
Parcel Number
130-12-068A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$172,568 CAD
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7050-7058 E Main St
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