Rare opportunity to purchase a R-5 (High Density) zoned Multifamily land in a prime central Phoenix location. The existing structure is a 1,731 square foot single family home built in 1952, situated on a site zoned R-5. The R-5 zoning allows for a variety of residential and limited commercial uses, offering flexibility for investors, developers, or owner - occupants seeking to capitalize on the property's strong location and zoning potential. Property is located within the Arcadia Lite area of Phoenix and situated on Indian School Rd for great visibility. Within its proximity to major thoroughfares, shopping, dining, and employment centers, the property is ideally suited for a modern adaptive reuse or small-scale multifamily development after renovations/re-build.**Buyer to verify all fac
From Loop 202 head N on 40th st. Head W on Indian School Rd. Property will be on your left side just after 39th st.
From the 51 freeway head E on Indian School Rd. Property will be on your left just after 38th st.
Dwelling Type: Comm/Industry Sale
Subdivision: RANCHO DEL MONTE UNIT 2
Year Built: 1952, County: N/A
From Loop 202 head N on 40th st. Head W on Indian School Rd. Property will be on your left side just after 39th st.
From the 51 freeway head E on Indian School Rd. Property will be on your left just after 38th st.
Listing is courtesy of Realty ONE Group
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