2302 N Central Ave, Unit 105
Own ground floor retail in Class A Condo development
Marketing description
Available for sale is 2302 N Central Avenue, Unit 105 in Phoenix, comprised of an office/retail condominium unit located in the Tapestry on Central retail and residential condominium development on Central Avenue and Encanto Blvd. Tapestry on Central has 400 residents and 280 condominium units.
This is an opportunity to own your own office/retail space in a downtown Phoenix location instead of paying rent to a landlord.
The property is located on Central Avenue between Vernon Ave and Encanto Blvd on a Light Rail station. Businesses at Tapestry on Central include Mary Coyle, Chic Chef Marketplace, Edward Jones, Walgreens and Spin Art. The property is across the street from The Heard Museum and is near walkable amenities like Oven and Wine, Hope’s Brunch and Arizona Central Credit Union.
Since the property was originally constructed in 2007, it has been used as a professional retail/office for Edward Jones. Suite 105 is located on the ground floor retail/office level of Tapestry on Central, a new luxury condominium community consisting of seven total floors of which the bottom floor is retail/office. The condo owner’s association is responsible for maintaining the building structure, parking lot, security, landscaping, and all exterior elements. The property owner is responsible for HVAC, utilities, their own insurance, janitorial, glass repairs and maintenance of the interior of the premises.
This is a well-managed property as evidenced by the overall condition of the development. The owner would have access to the state-of-the-art workout facility, resort-like pool on the ground floor. An open-aired gathering spot atop the 7-story tower gives unobstructed views of downtown north and south and a mountain preserve all while you enjoy the lounge areas, BBQ and fire pit facilities.
Investment highlights
- Investment Opportunity | ±1,636 SF
- Building signage available on Central Avenue
- Located on a Light Rail station
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