1244 W Pierce St. #15, Phoenix, AZ 85007

INFILL REDEVELOPMENT OPPORTUNITY in the hot Grand Avenue Arts District. 1244 W Pierce St is an existing, leased 1912 duplex with gross income of $975 per month. Property is 13,080 sq ft of R-5 zoned land, yielding a 43.5 dwelling unit/acre density. Highest and best use of property is infill redevelopment for condominiums. Property is in the middle of the Grand Avenue Arts District, and within walking distance to many art galleries, studios, & spaces, as well as many popular bars, restaurants, and retail spaces including Grand Avenue Brewing Company (coming soon), & Bragg's Factory Diner. Easy drive or bike ride into Downtown Phoenix. Perfect sized project for the small builder or first-time developer.