Property Description
Rare Mixed-Use Opportunity in Old Town Scottsdale.
Property Type: Commercial | 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 C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1 Bed / 1.5 Bath residence with an attached therapy / treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status:
Previously 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 and C.O.S. Review documents 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
– C-2 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
Features
: Electric, Natural Gas
: Window/wall Unit, Central Air
: Alarm System
: Foam
: Other, Parking Lot
Address Map
US
AZ
Maricopa
Scottsdale
85251
1ST
7140
Avenue
0
W112° 4' 22.9''
N33° 29' 39.4''
MLS Addon
From Indian School, South on Scottsdale Road,
Wes
Old Town Scottsdale
Block
Wood
Public Sewer
City Franchise
$0
0
$0
03/11/2026 04:16:08
Comm/industry Sale
7140 1ST Avenue, Scottsdale, Arizona 85251
0 Bedrooms
0 Bathrooms
2,546 Sqft
$2,350,000
MLS ID #6889758
Listing Broker: Compass
Listing Agent: Nathan Waite
Listing Agent: Nathan Waite
Basic Details
Property Type : Comm/industry Sale
Status : Active
Listing Type : For Sale
MLS ID : 6889758
Listing Broker : Compass
Listing Office Phone : 480-776-1555
Listing Agent : Nathan Waite
Price : $2,350,000
Mthly Rate Hi Season : $0
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,546 Sqft
Year Built : 1915
Lot Area : 0.15 Sqft
Status : Active
Professional Representation
SLOAN REALTY ASSOCIATES
3100 W RAY RD, STE 201 CHANDLER, AZ 85226
- CHRIS SLOAN
- View website
- 4802696046
- 4802696046
- 4802641501
-
-
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