4249 N 16th Street Unit -, Phoenix, AZ 85016

$1,195,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,195,000
Status
ACTIVE
Days on Market
52
Price Change
▼ $455,000 1788990580
MLS#
7057819
Subtype
Land
Lot Size
27,485
Acres
0.63
Subdivision
Morningside Acres

Property Description

Rare opportunity to acquire a mixed-use development site in the heart of Central Phoenix. This vacant parcel features C-2 Commercial zoning at the front and R-3 Multifamily zoning at the rear, offering exceptional flexibility for residential, mixed-use, or commercial development. Plans have been submitted to the City of Phoenix for 8 modern townhomes. Highlights: Mixed C-2 & R-3 zoning Plans submitted for 8 townhomes High-visibility 16th Street frontage Utilities available Minutes from SR-51, Downtown Phoenix, Midtown, Camelback Corridor, and Sky Harbor Airport Ideal for townhomes, mixed-use, office, retail, medical, restaurant, or live/work development. Located in one of Phoenix's most desirable infill corridors, this is a rare opportunity to develop in a high-demand.

Additional Information

Taxes
$4,205
Zoning
C-2

Listing courtesy of Apex Residential.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.