About 7140 E 1st Avenue
Rare Mixed-Use Opportunity in Old Town Scottsdale. Property Type: Commercial | Zoning: C-2 DO Lot Size: .15 ac | Existing Improvements: 2,556 Proposed Redevelopment: ±10,000 SF Commercial / ±8,000 SF Residential Occupancy: Previously Leased (Yoga Studio Tenant in Detached Building at $2,700/month. Overview: Prime redevelopment or owner-user opportunity located just off Scottsdale Rd and 1st Ave in the heart of Old Town Scottsdale. This C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1 Bed / 1.5 Bath residence with an attached therapy / treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status: Previously submitted to City of Scottsdale Development Review Board for a new mixed-use project totaling approx. 18,000 SF (10K SF commercial + 8K SF residential). Conceptual site plans and C.O.S. Review documents available upon request. Highlights: - Irreplaceable Old Town location with strong pedestrian traffic - Excellent street frontage and signage potential - Dedicated and adjacent public parking - Existing income with significant value-add or redevelopment upside - C-2 DO overlay enhances flexibility for higher density and mixed-use options. Ideal For: - Boutique Developer - Owner/User - Retail/Medical/WELLNESS Concepts - Live/Work or Residential Loft Product
Features of 7140 E 1st Avenue
| MLS® # | 6889758 |
|---|---|
| Price | $2,550,000 |
| Square Footage | 2,546 |
| Acres | 0.15 |
| Year Built | 1915 |
| Type | Comm/Industry Sale |
| Sub-Type | Other (See Remarks), Commercial, Office |
| Status | Active |
Community Information
| Address | 7140 E 1st Avenue |
|---|---|
| Subdivision | WEST SCOTTSDALE |
| City | Scottsdale |
| County | Maricopa |
| State | AZ |
| Zip Code | 85251 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Parking Lot, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Roof | Foam |
|---|---|
| Construction | Block |
Additional Information
| Zoning | C2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|