350-001 70-411 MB2-700 400-101 MB2-702 70-410 MB2-703 200-120 70-461 C_TADM51_731 70-462 EX300 VCP-550 70-480 C_TAW12_731 70-484 70-498 70-646 98-361 98-366 A30-327 C_BOE_30 C_TSCM42_66 C2010-597 C2020-632 C2020-701 C2020-703 C2040-408 C2040-988 C2070-581 C2150-195 C2160-667 C2180-274 C4040-226 C4090-453 CAS-001 CSSLP C-TERP10-60 E20-018 E20-918 JN0-360 MSC-321 P2080-088 PC0-001 PEGACSA-v6.2 3I0-012 500-051 640-875 640-916 642-427 642-647 642-691 650-663 700-037 70-247

625-629 N. 2nd Ave

LOCATION DESCRIPTION:

The subject property is located south of the southeast corner of 2nd Ave. and McKinley St. in the heart of Downtown Phoenix. The site is within an Opportunity Zone creating a tremendous opportunity for funds to take advantage of significant capital gains tax incentives. Situated less than a block from Roosevelt Row, multiple Light Rail Stations, and endless other amenities, the property is ideal for an upscale urban development. Its accessibility to Light Rail and the I-10 Freeway seamlessly connects the property with the outlying areas of the Phoenix metro including easy access to Sky Harbor International Airport, Tempe, Midtown, and other surrounding suburbs.

SALE DETAILS:

SVN is pleased to announce the exclusive call for offers for a 0.64 acre development site located within an Opportunity Zone in the heart of Downtown Phoenix. This premier site fronts on to 2nd Ave. and is uniquely situated in a Character Area with no density limit. The existing zoning offers a prospective developer great flexibility with a range of acceptable uses including multi family, retail, office, and hospitality. Without a doubt, this site will be the next prominent development opportunity in the area with potential for upwards of 525 feet in height.

SVN in requesting all qualified developers to submit offers on or before July 31, 2019 by 5 PM MST. Seller reserves the right to accept offers prior to this date.

  • OPPORTUNITY ZONE DEVELOPMENT SITE | Downtown Phoenix
  • Call for Offers – July 31st, 2019 at 5:00 PM MST
  • 0.64 AC | Vacant Land
  • Flexible Zoning | DTC-E-ROO
  • Potential for Mixed Use Project | 525′ Height w/ No Density Restrictions

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Date: July 31, 2019