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650 West Coolidge Street
Phoenix, AZ 85013
Asking Price
$650K
Asset Type
Retail
Class
Class B
What's Special
Central Phoenix Redevelopment Opportunity <p>This property presents an appealing redevelopment opportunity near Phoenix’s dynamic Melrose District and Biltmore area. Comprising a freestanding 994-square-foot building on a 0.20-acre parcel, it offers flexibility for retail or mixed-use adaptation. Zoned C-G (Commercial), the site benefits from its strategic placement along 7th Avenue and Coolidge Street, ensuring visibility and easy access.</p><p></p><p>The immediate trade area is known for its dense retail corridors and diverse dining a
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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856
