Photo 1 of 1
$850,000
Sold on 9/28/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,031 |
|
On the market:
371 days
|
View full details, 15 photos, school info, and price history
5124 N. 10th Way is an infill development parcel located in the heart of Midtown Phoenix. It is walking distance to the 7th Street Corridor near the famed Restaurant Row District. The Restaurant Row District, centered off Fox Restaurant Concepts - The Yard - at 7th Street and Montebello Ave, and surrounding environs have witnessed upwards of $50 million in private investment alone over the last several years as both investors and developers reposition the area into a vibrant urban live/work/play district. Other notable projects in the area include The Colony (restaurant adaptive re-use), Crown on 7th (restaurant/retail adaptive re-use), Pomo Pizzeria (restaurant new build), Pita Jungle (redevelopment), Inhabit on Seventh (fka Cabana on Seventh multifamily redevelopment), as well as... several infill single-family residential developments. It is also less than a mile to the newly refurbished Uptown Plaza at Central and Camelback featuring Shake Shack, Wildflower, and Lou Malnati's Pizzeria as well as the light rail transit center.
The property is located northwest of 12th Street and Camelback Road in an attractive, quiet neighborhood. The property consists of one parcel totaling 1.21 acres or 52,795 total square feet. The current R1-6 Zoning would allow for 5 large single family lots or 6 lots with a variance. This parcel offers someone the opportunity to do a small residential development in the heart of Uptown Phoenix, located right in the middle of the popular Central and Biltmore corridors.
Listing courtesy of Patrick Burch & John Klocek, ABI Multifamily & ABI Multifamily