Prime Multi-Use Retail/Office Property - Exceptional Value-Add Opportunity.
This two-story property, offers 3,675 SF of versatile Class B retail/office space on a .10-acre lot with 19 parking spaces. Strategically located on Basin Road, just off Cave Creek Road with an average daily vehicle count of over 11,000, this property has excellent visibility and proximity to popular restaurants, bars, retail shops, and affluent residential areas. Perfect for owner-users, this asset delivers both flexibility and strong growth potential. The property offers excellent infrastructure, including high water pressure for optimal functionality and a variety of uses. The first floor is ideal for retail, such as: art galleries, consignment shops, or food and bar-related concepts. See more... The second floor features nine individual office spaces with privately secured doors. These are suitable for boutique office leasing or a transformative opportunity, such as a boutique B&B with complementing retail or dining operations below. There are four six-ton HVAC units (two per floor) for optimal climate control.
There are two sets of restrooms for convenience. There are four 3-phase 120/240 electrical panels (two upstairs, two downstairs) to support a wide variety of business operations. There are 19 total parking spaces (4.98 spaces per 1,000 SF), in the rear of the building for easy access. Stunning views of Black Mountain. Conveniently located just 20 minutes from Scottsdale, 30 minutes from Phoenix, and 40 minutes to Phoenix Sky Harbor Airport. Detailed building blueprints are available for future planning. Zoned Town Commercial Core (TCC), it offers flexibility for various business uses, enhancing opportunities for dining, hospitality, or entertainment ventures. Potential for expanded amenities, income streams, and capital growth in a charming, Western-themed community. Additionally, there is 50 feet of prominent frontage onto Basin Street. Excellent walkable location with scenic views and connectivity to nearby businesses and attractions. Important Note: Please do not disturb existing business operations, owners, or customers. All information provided is deemed reliable but should be independently verified by buyer for due diligence.