Description
Strategically located 1.55 AC multi-family redevelopment opportunity in the Northeast Phoenix submarket for sale. The property's zoning is 80% medium-density multi-family (R-3) and 20% general commercial (C-3). The property is currently used as a custom stone supplier, Architectural Stone Elements, and also has three single-family homes on the parcel adjacent to Saint John Road (APN: 214-03-123). The surrounding area is predominately a residential area with nearby multi-family developments and other recently completed commercial redevelopments closer to Bell Road & Union Hills Road along 32nd Street. This is an excellent opportunity to acquire a rare multi-family development opportunity just west of the SR-51.
Location
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Listing Office: R.O.I. Properties