Mixed-Use Land for Sale in Phoenix, Arizona

1152 E Monroe St Phoenix, AZ 85034

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0.54 Acres of Mixed-Use Land for Sale in Phoenix, Arizona
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$2,100,000
0.54 acres
Active sale agoEst $15,824/mo

Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SFT property, Zoned R-5, potential for higher density development under

Walkable Urban Code and in an Opportunity Zone with potential for tax incentives. - Buyer and their experts to verify. The site is primed for transformation into multi-family housing, a modern light office space, or mixed-use development. Positioned near two key light rail stops at 12th Street and Washington, and 12th Street and Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from the vibrant Stadium/Arena district, offering an abundance of dining, entertainment, and services.

Directions

Van Burn North on 12th St to Monroe.

Washing St South on 12th St to Monroe.

Location

Street Address
1152 E Monroe St
County
Maricopa County
Community
Porter Baxter Subdivision of Tract B Murphys Addit
School District
Phoenix Union High School District
Elevation
1,093 feet
Coordinates
33.4502, -112.0567
Land for sale in Arizona

Property details

Zoning
R5
MLS Number
ARMLS 6804118
Date Posted

Property taxes

2024
$7,075

Parcels

  • 116-43-016

Legal description

PORTER & BAXTER SUB PT LOTS 15 & 16 BLK 1 S 47' OF N 94' & S 47' OF LOTS 15 & 16

This 0.54-acre property is located at 1152 E Monroe St in Phoenix, AZ 85034 with latitude 33.4502 and longitude -112.0567. The property is currently available for sale for $2,100,000 with a price per acre of $3,888,889. Listing data is sourced from Arizona Regional Multiple Listing Service # 6804118.

Verify sale details at the property source or contact Realty ONE Group at (888) 461-0101.

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Copyright (C) 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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