www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31163816
31163817

2323 N Central Ave # 101, Phoenix, AZ 85004

KH
AZ SA716336000
SVN | Desert Commercial Advisors
PL
AZ BR548198000
SVN | Desert Commercial Advisors
Listed by SVN | Desert Commercial Advisors
$600,000
84 days on market
Updated 37 days ago

2323 N Central Ave # 101

Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Street Retail (+1)
Square Footage 1,800
Units 119
Price per SqFt $333
Year Built 1964
Year Renovated 2004
Stories 22
Zoning C-2
Investment Type Owner/User

Retail | 1,800 SqFt

Marketing description

SVN is pleased to present a rare street retail condo opportunity at 2323 N Central Ave in Midtown Phoenix. The ±1,800 SF space is located within Regency on Central, a landmark 22-story residential tower built in 1965 and designed by architect George H. Schoneberger Jr. Recognized for its historic significance, the property has been thoughtfully updated through major renovations beginning in 2004.

Regency on Central includes 119 total units consisting of 114 luxury condos, four penthouses, and one ground floor retail space. The professionally managed building offers amenities including a 24-hour front desk, controlled access, fitness center, event space, underground parking, and a resort-style outdoor area with pool, spa, cabanas, grills, and fire pit.

Zoned C-2, the space supports a wide range of retail and service-oriented uses, creating an attractive opportunity for investors or owner-users.

Located in the heart of Midtown Phoenix, the property sits directly along North Central Avenue with traffic counts exceeding 20,000 vehicles per day and immediate access to the Valley Metro Light Rail, which runs along Central Avenue and provides convenient connectivity throughout the Phoenix metro area.

The surrounding Midtown submarket offers a strong mix of residential density, office employment, dining, arts, and entertainment. With a built in customer base from Regency on Central’s residents and a highly walkable urban environment, the property benefits from consistent activity and excellent accessibility within one of Phoenix’s most active corridors.

Investment highlights

  • ±1,800 SF street-level retail condo
  • Direct frontage on Central Avenue
  • Located within Regency on Central, a 22-story residential tower
  • Built-in customer base with 119 residential units in the building
  • ±20,000+ vehicles per day
  • Immediate access to Valley Metro Light Rail
  • Zoned C-2 allowing a wide range of retail and service uses
  • Prime Midtown Phoenix location near dining, arts, and entertainment

Listing Contacts

KH
AZ SA716336000
SVN | Desert Commercial Advisors
PL
AZ BR548198000
SVN | Desert Commercial Advisors
Listed by SVN | Desert Commercial Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Karson Hayes
License
SA716336000
Brokerage Phone
4804255531
Name
Perry Laufenberg
License
BR548198000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591