- $2.7M Price
- 2,546 Sqft
- .15 Acres
7140 E 1st Avenue
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
Essential Information
- MLS® #6889758
- Price$2,650,000
- Square Footage2,546
- Acres0.15
- Year Built1915
- TypeComm/Industry Sale
- StatusActive
Sub-Type
Other (See Remarks), Commercial, Office
Community Information
- Address7140 E 1st Avenue
- SubdivisionWEST SCOTTSDALE
- CityScottsdale
- CountyMaricopa
- StateAZ
- Zip Code85251
Amenities
- Parking Spaces12
- ParkingParking Lot, Other
Interior
- HeatingElectric, Natural Gas
- CoolingCentral Air
Exterior
- RoofFoam
- ConstructionBlock
Additional Information
- ZoningC2
Listing Details
- OfficeCompass
Price Change History for 7140 E 1st Avenue, Scottsdale, AZ (MLS® #6889758)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,875,000 to $2,650,000 |
Compass.
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Listing information last updated on September 12th, 2025 at 2:10am MST.