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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

5233 S Central Avenue, Phoenix, AZ – $3,575,000

  • $3.6M Price
  • 24,660 Sqft
  • 2.29 Acres
  • $3.6M Price
  • 24,660 Sqft
  • 2.29 Acres

5233 S Central Avenue

This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby.

Essential Information

  • MLS® #6975059
  • Price$3,575,000
  • Square Footage24,660
  • Acres2.29
  • Year Built1986
  • TypeComm/Industry Sale
  • StatusActive

Sub-Type

Other (See Remarks), Commercial

Community Information

  • Address5233 S Central Avenue
  • SubdivisionRoeser Plaza
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85040

Amenities

  • Parking Spaces38
  • ParkingParking Lot

Interior

  • HeatingSee Remarks
  • CoolingCentral Air

Exterior

  • RoofTile
  • ConstructionStucco

Additional Information

  • ZoningC-2

Listing Details

  • OfficeR.O.I. Properties
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Price Change History for 5233 S Central Avenue, Phoenix, AZ (MLS® #6975059)

Date Details Change
Price Reduced from $3,795,000 to $3,575,000 $220,000 (5.80%)

R.O.I. Properties.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on February 23rd, 2026 at 10:44am MST.