$1,195,000

Rare opportunity to acquire a mixed-use development site in the heart of Central Phoenix. This vacant parcel features C-2 Commercial zoning at the front and R-3 Multifamily zoning at the rear, offering exceptional flexibility for residential, mixed-use, or commercial development. Plans have been submitted to the City of Phoenix for 8 modern townhomes. Highlights: Mixed C-2 & R-3 zoning Plans submitted for 8 townhomes High-visibility 16th Street frontage Utilities available Minutes from SR-51, Downtown Phoenix, Midtown, Camelback Corridor, and Sky Harbor Airport Ideal for townhomes, mixed-use, office, retail, medical, restaurant, or live/work development. Located in one of Phoenix's most desirable infill corridors, this is a rare opportunity to develop in a high-demand.