649 N 5th Ave, Phoenix, AZ 85003

Historic Roosevelt District in the heart of downtown Phoenix. Close to down town ASU campus, light rail, entertainment and restaurants. OWNER PREFERS TO DO A JOINT VENTURE DEVELOPMENT WITH EQUITY PARTNERS.Two lots together totaling 8500 sf. Front lot faces McKinley & has a building on half of the lot. There is a second empty lot in the rear of the first lot. Both parcels go together.Property owner prefers to joint venture with an equity partner and develop a multi-story condo project on property.Great opportunity for Commercial Building! Office or restaurant possibilities but perfect for development of condo project.Land is free and clear... This is a hot and growing area that is prime for development.No lock box on property. Showings are by appointment only.