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.
Courtesy of: R.O.I. Properties The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Russ Lyon Sotheby's International Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 2nd February, 2023 4:13 PM (UTC)