Phoenix Multifamily for Sale - Northwest Phoenix

Sanctuary on 22nd, located at 8350 North 22nd Avenue in Phoenix, offers an excellent opportunity to acquire a stabilized multifamily property within an Opportunity Zone. With colorful green grounds and sophisticated interiors, these apartments shelter tenants from the city’s bustle in a bubble of upscale comfort while maintaining a connection to nearby amenities. Sanctuary on 22nd offers residents a mix of studio, one-, two-, and three-bedroom units, ranging from 394 to 1,179 square feet. Each layout features generous living spaces that are melded gracefully with two-tone color schemes, newly updated cabinets, and brushed-nickel hardware. The kitchens feature modern layouts, black appliances, and contemporary backsplashes. Each apartment features luxurious vinyl flooring and designer lighting fixtures that create the ideal ambiance for unwinding. Residents have access to numerous on-site resort-style amenities, including two swimming pools with cabanas, a newly renovated fitness center, a business center, a conference room, and a contemporary clubhouse with a coffee bar, fireplace, and a social patio. Residents enjoy direct access to all areas of North Phoenix with easy access to Interstate 17, Highway 51, and the Metro Light Rail. Popular venues like Metro Center Mall, Castles and Coasters, and Christown Spectrum Mall are all close by.

Property Subtype:

Apartment

Date on Market:

2024-09-16

Phoenix Retail for Sale - Glendale

Cushman & Wakefield is pleased to present the opportunity to acquire Encanto Plaza, a fully occupied multi-tenant retail investment located in Phoenix, Arizona. The property consists of approximately 10,026 square feet situated on ±1.44 acres and is 100% leased to eight local tenants serving the greater Phoenix area. Structured with NNN leases, the asset offers investors a stable in-place income stream with limited landlord expense responsibilities, further supported by strong annual rent growth of 4% across all leases. Originally constructed in 2003, Encanto Plaza provides a diverse neighborhood-oriented tenant mix with a weighted average lease term of approximately 4.8 years. The property’s tenancy is particularly attractive due to its local market focus, with all eight tenants operating within the Phoenix area and the majority having occupied the center for more than 10 years. This long-standing tenancy helps demonstrate the property’s stability, established customer base, and relevance within the surrounding community. The center is within a densely populated trade area containing more than 409,000 residents within a five-mile radius. The site benefits from convenient access near the I-10 Freeway, which sees traffic counts of approximately 302,927 vehicles per day, as well as strong visibility at a hard corner location near major demand drivers including Desert Sky Mall and Talking Stick Amphitheatre. The surrounding area is also supported by average household incomes exceeding $104,000 within a one-mile radius. This offering represents an opportunity to acquire a stabilized Phoenix retail center with diverse local tenancy, durable in-place cash flow, contractual rent growth, and strong real estate fundamentals in a well-established infill location.

Date on Market:

2026-04-20

Phoenix Retail for Sale - Airport Area

Lee & Associates is pleased to present the opportunity to acquire a brand-new, single-tenant Black Rock Coffee Bar located at the SEC of 32nd St and Baseline Rd, in Phoenix, AZ. The property was recently completed in 2025 and secured with an Absolute NNN lease featuring a 15-year term with no landlord responsibilities, a corporate guaranty, and a double drive-thru designed for high-volume service. The site is positioned on Baseline Rd with ±59,112 VPD and is surrounded by established rooftops plus nearby residential activity, including Shadow Mountain Villas Condominiums (277 units) and The Raven Condominiums (161 units), with additional residential under construction. The property benefits from a dense consumer base with 510,542 people within 15 minutes and average household incomes of $113,838 (5 min) / $101,122 (10 min)—supporting daily coffee demand in a built-out, infill-style trade area with strong daytime drivers and established neighborhoods.

Property Subtype:

Fast Food

Date on Market:

2026-04-15

Phoenix Retail for Sale - Northwest Phoenix

Kocour Company is pleased to present The Newton Phoenix, a nationally recognized, award-winning mixed-use asset strategically located at the northwest corner of 3rd Avenue and Camelback Road in Uptown Phoenix—one of the city’s most established and supply-constrained submarkets. Situated on approximately 1.20 acres at a signalized hard corner along the light rail, the property encompasses 18,599 square feet of architecturally distinctive, multi-tenant retail, dining, and event space. Reimagined by Venue Projects, The Newton Phoenix represents a best-in-class adaptive reuse project that combines historic character with modern functionality, creating a durable and differentiated investment asset. Originally constructed as the iconic 1960s steakhouse Jay Newton’s Beefeaters, the property underwent a comprehensive renovation and reopened in 2014. The redevelopment preserved irreplaceable architectural elements while integrating contemporary design features, including floor-to-ceiling glass, exposed trussed ceilings, indoor-outdoor green space, and custom fireplaces constructed with vintage Queen Creek adobe brick. These elements create a unique experiential environment that drives tenant demand and sustained consumer traffic. The Newton benefits from strong co-tenancy and a curated mix of high-performing independent operators, including Changing Hands Bookstore, First Draft Book Bar, The Toasted Owl, Tesota, event venues, and meeting/event spaces. This complementary ecosystem fosters cross-traffic and enhances tenant stability through diversified revenue streams across retail, food & beverage, and event uses. Adjacent to the Rise Uptown Boutique Hotel and surrounded by dense residential historic neighborhoods and established retail corridors, the property is positioned as both a neighborhood anchor and regional destination. Its irreplaceable location, architectural authenticity, and proven tenant synergy create meaningful barriers to entry and long-term value preservation. The Newton Phoenix offers investors the opportunity to acquire a one of a kind stabilized, institutionally recognized asset with strong branding, embedded community presence, and durable positioning within one of Phoenix’s most desirable urban corridors.

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-04-13

Phoenix Retail for Sale - Northwest Phoenix

We are pleased to present for sale Metro Square Shopping Center. Metro Square Shopping Center is a multi-tenant neighborhood retail investment located at 11846 N. 28th Drive in Phoenix, Arizona. The property consists of approximately 23,588 square feet across three buildings within the established North Phoenix submarket. The center is positioned along a well-traveled corridor, offering strong visibility and convenient access for surrounding residential communities. The property serves a dense trade area and benefits from consistent local consumer traffic. Metro Square presents an opportunity to acquire a stabilized retail asset with in-place income and future upside through lease rollover and tenant repositioning within a mature Phoenix retail corridor.

Property Subtype:

Freestanding

Date on Market:

2026-04-06

Scottsdale Multifamily for Sale - Scottsdale South

Positioned in one of the most desirable pockets of Scottsdale, this 1,762 SF office condo located at The Mark located at 6803 E Main Street, Suites 1118–1120 offers a rare opportunity to own space in a newer, well-maintained building in the heart of Old Town Scottsdale. The property boasts an exceptional walkable location just steps from premier dining, Scottsdale Fashion Square mall, luxury retail, and hospitality, including the iconic Hotel Valley Ho. Surrounded by vibrant amenities and strong foot traffic, this suite combines modern construction with unmatched accessibility, making it an ideal setting for professional users seeking both convenience and a prestigious address.

Property Subtype:

Apartment

Date on Market:

2026-04-01

Tempe Retail for Sale - South Tempe/Ahwatukee

Property Subtype:

Freestanding

Date on Market:

2026-03-16

Laveen Retail for Sale - Southwest Phoenix

The Spurr Lounge presents a rare opportunity to acquire both a successful bar/lounge business and the underlying real estate in one of Laveen’s most accessible corridors at 5535 W Baseline Road. The business has demonstrated strong and consistent performance, with annual gross sales historically ranging from approximately $1,140,000 to $1,240,000. The sale includes the liquor license, all fixtures, furniture, equipment (FF&E), and existing inventory, and the business is fully staffed and owner-managed, offering a turnkey business with no interruption to operations. The lounge also features a full kitchen and serves food, providing an additional revenue stream. It is currently the only neighborhood bar in Laveen, providing meaningful competitive insulation and strong growth potential. Strategically located a couple minutes from Loop 202, the property benefits from excellent accessibility and visibility, serving both residents and commuter traffic. Additionally, the easterly adjacent parcel is also available for purchase, offering potential expansion or redevelopment opportunities. Ask for details if you are interested in developing or adding to this prime location. This offering is well-suited for an owner-user, investor, or hospitality group seeking a stabilized business with proven revenue, a full kitchen, and minimal operational burden.

Property Subtype:

Bar

Date on Market:

2026-02-03

Phoenix Retail for Sale - Downtown

CBRE is pleased to exclusively offer for sale The Welnick Marketplace (“the Property”), multi-tenant retail development located in Downtown Phoenix. The Welnick Marketplace is ±13,968 rentable square feet located in the City of Phoenix Entertainment District. The brothers, Leo and Ed Welnick, built Welnick Bros Marketplace in 1927. The adjacent Liefgreen Seed building make up the entire adaptive reuse project ±13,968 SF. In August of 2016 the property was placed on the National Register of Historic Places by the United Stated Department of Interior. Between 2015-2016 Developer Ownership spent over $2.0 million on all new roof, HVAC, structural, life safety, electrical and plumbing. Tenants are Gus’s World Famous Fried Chicken, and Quartz Cocktail Bar. There is ±9,026 Square Feet of 2nd generation restaurant space available.

Property Subtype:

Storefront

Date on Market:

2026-02-02

Phoenix Retail for Sale - Midtown

Kocour Company is pleased to offer this iconic restaurant building known as Ocotillo. Ocotillo is located at the corner of Third Street and Flower in Midtown Phoenix. The indoor/outdoor design blends native desert flora with modern architecture.  The inviting indoor space has a full-service bar, dining room and a communal wine events area. Outdoors, you will find several unique spaces including the Ramada, the Flower Street patio, the Beer Garden, Lucy’s lawn and the Sidecar Cocktail Lounge. The buildings surround and compose a dramatic outdoor dining and event courtyard complete with lush shady landscaping and multiple patios. The property features a multitude of community space with enclaves of gathering spaces with an event lawn, communal tables, seating ramadas, and nook seating throughout the property. Naturally rusted corrugated panels and steel canopies carve the intimate sections of the indoor/outdoor compound. A second story cargo container also features office space. All Furniture, Fixtures and Equipment can be made available. Embraced by resident's valley wide, this legacy dining and event venue offers a truly authentic Phoenix, Arizona experience. Ocotillo is a one-of-a-kind collector property that will appreciate in time.

Property Subtype:

Restaurant

Date on Market:

2026-01-26

Laveen Land for Sale - Southwest Phoenix

Development Opportunity in Fast Growing Submarket with Strong Retail Demand Desirable Location with Great Visibility and Major Roadway Frontage Less Than 1 Mile Away From Loop 202 Freeway Exit 350 Feet of West Southern Avenue Frontage Suitable for Gas Station, Auto Services, Drive Thru Restaurant, Neighborhood Retail, Restaurant, Medical Services, Small Office

Property Subtype:

Commercial

Date on Market:

2025-11-07

Phoenix Office for Sale - Midtown

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.

Date on Market:

2025-11-06

Phoenix Land for Sale - Midtown/Central Phoenix

Property Subtype:

Commercial

Date on Market:

2025-10-15

Phoenix Retail for Sale - Piestewa Peak Corridor

Price reduction: Asking $995,000.00 ± 2,000 SF Restaurant & Sports Bar for SALE with Real Estate!

Date on Market:

2025-09-12

Phoenix Hospitality for Sale - Northwest Phoenix

The Premier Inn Metro Center is a 110-unit independent hotel located in Phoenix, AZ. On the market for the first time in 30 years, this property represents an exceptional value-add opportunity in one of the nation's top hospitality markets. The hotel is strategically located along I-17, with over 40,000 vehicles passing by daily. It is situated directly next to Metro Center, currently undergoing a transformative $850 million renovation—the largest mall redevelopment project in Arizona's history. The redevelopment plan features townhomes, retail spaces, restaurants, parks, bike paths, and more. Adding to the area's connectivity is the newly completed light rail Transit Center within walking distance, offering access to central Phoenix, Tempe, and Mesa. The hotel is also near Castles N' Coasters amusement park, several professional sports venues and a variety of other popular attractions, making it an ideal hub for visitors. Owned and operated by long-time corporate owners based out of state, this property presents a tremendous opportunity for new ownership to increase revenue through updated sales and operational strategies. The hotel will be delivered unencumbered by brand, with numerous branding options available. Phoenix, the 5th largest city in the United States, attracts 46.7 million visitors annually and is consistently ranked as one of the fastest-growing metro areas in the country. This is a rare opportunity to acquire a steadily performing asset with clear potential for growth in a prime location within the city.

Property Subtype:

Hotel

Date on Market:

2025-01-27

Scottsdale Land for Sale - Scottsdale South

Prime Development Opportunity on Scottsdale Road – 1 Acre of High-Visibility Land Located in the heart of Scottsdale, AZ, this 1-acre parcel offers an exceptional opportunity for developers seeking prime real estate with high-traffic exposure along the highly sought-after Scottsdale Road corridor. Currently operating as a car dealership, this site is poised for a wide variety of development possibilities, making it ideal for retail, office, hospitality, mixed-use, or multifamily projects. Property Features: Location: Frontage along Scottsdale Road, a major thoroughfare with excellent visibility and access Size: Approximately 1 Acre (42,981 SF) of flat, buildable land Zoning: (C-3) – Offering flexibility for multiple uses Current Use: Car dealership, with special use permit for Auto Sales Traffic Counts: High traffic volume, ensuring maximum exposure for any future development Surrounding Area: Surrounded by retail, restaurants, office buildings, and residential communities, creating a vibrant and diverse neighborhood for your next project. Developers: Retail & Showroom Space: The high-visibility location along Scottsdale Road makes it perfect for retail stores, showrooms, or auto-related businesses looking to capitalize on pedestrian and vehicular traffic. Mixed-Use Development: This prime location is perfect for mixed-use projects combining retail, office, and restaurant spaces to cater to Scottsdale’s affluent consumer base and thriving business district. Office Space: Build a modern office building to meet the growing demand for professional services in the area, with proximity to Scottsdale’s corporate hubs. Hospitality: The site’s prominent location makes it an excellent option for a boutique hotel, restaurant, or other hospitality concepts to cater to tourists and business travelers. Why Scottsdale? Scottsdale continues to be one of the fastest-growing cities in Arizona, known for its thriving economy, luxury lifestyle, and year-round tourism. With a prime location along Scottsdale Road, this site offers easy access to major highways, the Scottsdale Airport, and downtown Scottsdale, making it a highly desirable location for any type of development. Don’t miss the chance to capitalize on this premium Scottsdale property – contact us today to schedule a tour and explore the potential for your next development project! 602-575-2306

Property Subtype:

Commercial

Date on Market:

2024-12-16

Phoenix Office for Sale - Midtown

Two story brick-block-stucco construction with copper accents and balconies on some suites. Located on a hard corner, signalized intersection. Good parking with 4.0 spaces per 1,000 SF, and 30 covered stalls. 5 Miles to Sky Harbor International Airport and 1.5 miles to Downtown Phoenix. Easy access from freeway – just 1 Mile from the I-10 freeway. Excellent visibility with 3rd Street frontage.

Date on Market:

2024-12-11

Phoenix Retail for Sale - Downtown

This rare Downtown Phoenix offering presents a compelling opportunity to acquire two adjacent properties positioned directly across from Block 23, surrounded by some of the city's strongest demand drivers. Situated moments from the Phoenix Convention Center, major professional sports venues, world-class dining, and entertainment options, the location benefits from exceptional year-round foot traffic. The properties sit along the Valley Metro light rail, further strengthening visibility, connectivity, and long-term appeal. Downtown Phoenix continues to experience transformational growth driven by public and private investment, thousands of new multifamily units, and expanding educational, medical, and governmental institutions. Arizona State University’s Downtown Campus and the Phoenix Biomedical Campus contribute to a robust daytime population, supporting continuous activity beyond traditional business hours. This urban core has matured into a dynamic live-work-play district where adaptive reuse projects and high-density development have reshaped the skyline and increased barriers to entry. The properties benefit from their placement in a federally designated Opportunity Zone, offering advantageous capital gains treatment for investors who seek both immediate strategic positioning and long-term appreciation potential. With ongoing streetscape enhancements, expanded light rail access, and major mixed-use projects such as CityScape and the Arizona Center, the surrounding environment continues to attract national retailers, office users, hospitality groups, and multifamily developers. This sale represents a timely chance to secure a presence in one of the fastest-growing urban markets in the Southwest, supported by strong demographics, rising property values, and sustained population increases within one, three, and five-mile radii. Whether repositioned, redeveloped, or held as a long-term urban investment, these assets offer meaningful upside in a district poised for continued expansion.

Property Subtype:

Bar

Date on Market:

2024-10-07

Phoenix Retail for Sale - Paradise Valley

Recently appraised for $1,400,000. Asking $200,000 under appraisal.

Property Subtype:

Restaurant

Date on Market:

2023-10-08

Phoenix Specialty for Sale - Midtown/Central Phoenix

Step back in time and be part of a piece of Phoenix history with this beautiful historic church in the heart of the Garfield neighborhood. Originally built in 1922, this stunning property has been lovingly preserved and updated to accommodate a variety of uses. With a spacious main sanctuary featuring towering ceilings, beautiful stained glass windows, and original woodwork, this property is perfect for a variety of commercial uses. The building also includes several additional buildings, including a fully equipped kitchen, a large fellowship hall, and multipole smaller meeting spaces. The property's location in the Garfield neighborhood, known for its history architecture, and vibrant community, offers endless possibilities for commercial use. Whether you're looking to open a community center, event space, restaurant, bar, or something entirely unique, this property is sure to make a statement and impress your clients and guests. The property is located just minutes from downtown Phoenix and major transportation routes, making it easily accessible to visitors from all over the city. Don't miss this unique opportunity to be part of a piece of Phoenix's history and make it your own. Contact us today to schedule a showing and explore the possibilities.

Property Subtype:

Religious Facility

Date on Market:

2023-04-05

Phoenix Land for Sale - Southwest Phoenix

Vacant Commercial Lot in great location. Nearby coffee shops include URBO | Urban Bodega, The Teapot and Starbucks. Nearby restaurants include Gracie's Tax Bar, Azteca Bakery & Mexican Fast and CIBO. Property is near Roosevelt Mini Park, University Park and Woodland Parkway. There are excellent bike lanes. Nearby schools include Arizona Call-A-Teen Center for Excellence, Children First Academy - Phoenix and Phoenix Thomas J. Pappas Regional Middle School. The closest grocery stores are Buster's Market, Premier Foods Inc and CVS.

Property Subtype:

Commercial

Date on Market:

2019-06-25

Phoenix Land for Sale - Southwest Phoenix

Vacant Commercial Lot in great location. Nearby coffee shops include URBO | Urban Bodega, The Teapot and Starbucks. Nearby restaurants include Gracie's Tax Bar, Azteca Bakery & Mexican Fast and CIBO. Property is near Roosevelt Mini Park, University Park and Woodland Parkway. Bike lanes in the area are excellent. Nearby schools include Arizona Call-A-Teen Center for Excellence, Children First Academy - Phoenix and Phoenix Thomas J. Pappas Regional Middle School. The closest grocery stores are Buster's Market, Premier Foods Inc and CVS.

Property Subtype:

Commercial

Date on Market:

2018-09-27

Phoenix Retail for Sale - Piestewa Peak Corridor

Discover a rare opportunity to own a freestanding retail pad building located just off the hard corner of 7th Street & Glendale Avenue in Phoenix. This property offers exceptional visibility and exposure in a high-traffic corridor, with over 65,000 cars passing daily (CPD).

Property Subtype:

Restaurant

Date on Market:

2025-10-06