Scottsdale, AZ 85251,7140 E 1ST Avenue
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Scottsdale, AZ 85251,7140 E 1ST Avenue
Scottsdale, AZ 85251,7140 E 1ST Avenue
Scottsdale, AZ 85251,7140 E 1ST Avenue
Scottsdale, AZ 85251,7140 E 1ST Avenue
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7140 E 1ST Avenue Scottsdale, AZ 85251

6,401 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision West Scottsdale

MLS Listing ID 6889758

Year Built 1915

Annual Tax Amount $6,230

Tax Year 2024

Lot Size 6,401 Sqft

Acres 0.15

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Rare Mixed-Use Asset in Old Town Scottsdale
Property Type: Mixed-Use | 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 rare C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1BR/1.5BA residence with an attached therapy/treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status:

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 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

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

Contact listing agent for detailed site plans, rent roll, and DRB submission materials.

Location

State AZ

County Maricopa

Community West Scottsdale

Zoning C2

Direction From Indian School, South on Scottsdale Road, West on First Avenue. Property is on the North side of First Avenue.

Interior

Heating Electric, Natural Gas

Cooling Central Air

Flooring Wood

Exterior

Parking Features Parking Lot

Fence Block

Roof Type Foam

Building

Dwelling Type Other (See Remarks),Commercial,Office

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 130-12-021


Arizona Regional MLS (ARMLS)
Listed by Compass
agent

Angela Scott

Advisor | License ID: SA570172000

+1(480) 299-3417

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7140 E 1ST Avenue