170 E Monterey Way Unit -, Phoenix, AZ 85012

$254,400

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Sold Price
$254,400
List Price
$320,000
Closing Date
May 06, 2025
Days on Market
146
Status
CLOSED
MLS#
6790802
City
Phoenix
Lot Size
7,105
Subdivision
Monterey Medical Plaza

Property Description

This opportunity consists of a ±7,105 SF parcel (zoned R-5), situated in Midtown Phoenix between Central Ave & 3rd St. This infill parcel is positioned perfectly for new construction for professional office or residential / multifamily uses. The surrounding area consists of similarly sized lots improved with small professional office / retail buildings, as well as much larger commercial multi-story office buildings, in-line retail centers / restaurants, and large multifamily product. The property is situated just west of 3rd St, which from Indian School to Roosevelt St is set to become a ''signature street that supports a live, work, play mixed-use district.'' This infill parcel is an excellent opportunity for office, medical office, or multi-family developers.

Additional Information

School District
Phoenix Union High School District
Acres
0.16
Electric
Other (See Rmks)
Lot Size
7,105
New Financing
Other (See Rmks)
Sewer
Other
Subdivision
Monterey Medical Plaza
Taxes
$10,050
Tax Year
2024
Water
See Remarks, City Franchise, Other
Zoning
R-5

Courtesy of R.O.I. Properties. 602-319-1326 Selling Office: My Home Group Real Estate.

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