Description
Rare Mixed-Use Opportunity in Old Town Scottsdale.
Property Type: Commercial | Zoning: C-2 DO
Lot Size: .15 ac | Existing Improvements: 2,556
Proposed Redevelopment: ±10,000 SF Commercial / ±8,000 SF Residential
Occupancy: Previously Leased (Yoga Studio Tenant in Detached Building at $2,700/month.
Overview:
Prime redevelopment or owner-user opportunity located just off Scottsdale Rd and 1st Ave in the heart of Old Town Scottsdale. This C-2 DO-zoned parcel offers high visibility, consistent foot traffic, and direct adjacency to a public parking lot. The site includes a 1 Bed / 1.5 Bath residence with an attached therapy / treatment space and a separately metered retail building, approximately 600 SF, previously leased to a yoga studio. Development Status:
Previously submitted to City of Scottsdale Development Review Board for a new mixed-use project totaling approx. 18,000 SF (10K SF commercial + 8K SF residential). Conceptual site plans and C.O.S. Review documents available upon request.
Highlights:
- Irreplaceable Old Town location with strong pedestrian traffic
- Excellent street frontage and signage potential
- Dedicated and adjacent public parking
- Existing income with significant value-add or redevelopment upside
- C-2 DO overlay enhances flexibility for higher density and mixed-use options.
Ideal For:
- Boutique Developer
- Owner/User
- Retail/Medical/WELLNESS Concepts
- Live/Work or Residential Loft Product
Location
Listed By
Listing Agent
Nathan Waite
Compass
The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the Russ Lyon Sotheby's International Realty. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 29th April, 2026 11:31 PM (UTC)
Listing Office: Compass
Attribution contact:
