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7140 E 1ST Avenue
7140 E 1ST Avenue
7140 E 1ST Avenue
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7140 E 1ST Avenue
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SEE ALL PHOTOS
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7140 E 1ST Avenue
For Sale

7140 E 1ST Avenue

7140 E 1ST Avenue, Scottsdale, AZ 85251

$2,350,000
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

2,546 Sq.Ft. LIVING AREA

6,401 Sq.Ft. lot

Nathan Waite

Nathan Waite

David Larchez

David Larchez

Features & Amenities

Interior

  • Flooring Wood
  • APPLIANCES Refrigerator, Dishwasher

Area & Lot

  • Status For Sale
  • Living Area2,546 Sq.Ft.
  • Lot Area6,401 Sq.Ft.
  • MLS® ID6889758
  • TypeCommercial
  • YEAR BUILT1915
  • NeighborhoodScottsdale

Exterior

  • water SourceCity Franchise
  • roofFoam
  • parkingParking Lot, Other
  • HEAT TYPEElectric, Natural Gas
  • AIR CONDITIONINGCentral Air, Window/Wall Unit
  • sewerPublic Sewer
  • security FeaturesAlarm System

Financial

  • Sales Price$2,350,000
  • Real Estate Tax $6,230/yr
  • Zoning C2
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Schedule a Showing

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 7140 E 1ST Avenue, Scottsdale, AZ 85251. We are reviewing your request and will be in touch shortly!

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Scottsdale

33.4949° N, 111.9217° W

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