AZ
Maricopa
Scottsdale
85251
7140 E 1ST Avenue
7140 E 1ST Avenue, Scottsdale, AZ 85251
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
38
$2,650,000

Home Details for 7140 E 1ST Avenue

Price
$2,650,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
2546
Year built
1915
Lot size acres
0.15
County
Maricopa
Garage
Days on site
75
Listing #
6889758
Listing Courtesy: Compass - 480-776-1555
Property Description

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

Property Features
  • Heating Information
    • Electric
    • Natural Gas
  • Parking
    • Parking Lot
    • Other
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Arizona logo Copyright ©2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: 2025-09-10 11:00:27
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Arizona.
EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
Request more details
Code: