1405 North 1st Street
DOWNTOWN PHX REDEVELOPMENT OPPORTUNITY - OVERLAY ZONING | 7,450 SqFt
Marketing description
Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,450 square feet of office improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125 dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors.
Located between Midtown Phoenix and the Downtown core, the site benefits from proximity to Roosevelt Row, Arizona Center, major employment hubs, public transportation, entertainment venues, and some of the city's most sought after residential and mixed use developments. The property's size, zoning, and central location create a compelling opportunity for developers, investors, and owner users seeking to capitalize on the continued growth and revitalization of Downtown Phoenix.
Investment highlights
- ±0.64 acre infill redevelopment opportunity
- Four parcels totaling ±27,822 SF
- Existing ±7,450 SF office building
- DTC-TWNPK overlay zoning designation
- Up to 90' allowable building height and 125 dwelling units per acre
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