1,787,500

2510 & 2516 W Palo Verde Dr, Phoenix, AZ 85017

8,550sqft14,637sqft lot

Property Type
Commercial
Status
On Market
Occupied
No
Year Built
1973
County
Maricopa
Coordinates
33.522929, -112.112984
Amenities
Water
Water
Refrigerator
Refrigerator
HVAC
HVAC (Packaged Terminal Air Conditioners (PTACs))

2510 & 2516 W. Palo Verde Drive presents a rare value-add hospitality and redevelopment opportunity in central Phoenix. The property consists of a three-story, 23-room limited-service motel totaling approximately 9,900 square feet on 0.34 acres at the northwest corner of Palo Verde Drive and Black Canyon Highway (I-17). Positioned with exceptional visibility and direct access along one of Phoenix’s primary transportation corridors, the site benefits from strong exposure to regional traffic. Zoned R-5 Multi-Family Residence District, the property supports a variety of residential and commercial-oriented uses. The existing motel use remains a legal, conforming use with significant repositioning potential.

Broker
Greg Hopley
+1 (602) 999-5396
Broker ID: BR031881000
External Listing
Documents
For questions concerning the purchase of the property or how to make an offer, please contact the listing agent.