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Add a Listing Advertise
  1. Commercial Properties
  2. AZ
  3. Phoenix

The Renters are already here!

For Sale

2524 E Washington St, Phoenix, AZ 85034

Diamond in the rough, this site’s location offers outstanding regional connectivity. It lies just one block from the Valley Metro Light Rail station on Washington Street, providing residents with easy access to Downtown Phoenix, Tempe, and Mesa. The property is also only minutes from I‑10 and Loop 202, and a short ride from the 44th St/Washington St Light Rail Station, which connects directly to the PHX Sky Train®, offering seamless access to all Phoenix Sky Harbor International Airport terminals and parking facilities. The area is supported by strong employment fundamentals. Sky Harbor Airport and Valley Wise Health Medical Center—both located within one mile—serve as major employment anchors generating consistent housing demand for workers across a range of income levels. The surrounding daytime population is reported to be 50–90% higher than the total residential population within three miles, signaling a significant imbalance between where people work and where they live. This gap highlights a clear opportunity and ongoing need for attainable and workforce housing in the immediate area. With its transit‑rich location, flexible walkable‑urban zoning, major employment proximity, and strong demonstrated need for residential density, this site is exceptionally positioned for a multifamily or mixed‑use development that supports Central Phoenix’s continued growth and housing demand.

Key features

  • Prime Central Phoenix Location with Exceptional Transit & Freeway Access These five contiguous parcels are strategically positioned along East Washington Street and East Adams Street in the heart of Central Phoenix. The property benefits from outstanding connectivity, located just one block from the Metro Valley light rail station on Washington Street, providing seamless access throughout the metro area.
  • Five contiguous parcels spanning East Washington St. and East Adams St., offering flexible site planning for a unified development.
  • Ideal for small to midscale multifamily development, supported by walkableurban zoning designed to encourage transitoriented housing.
  • One block from the Valley Metro Light Rail on Washington St., providing citywide connectivity including Downtown Phoenix, Tempe, and Mesa.
  • Quick access to I10 and Loop 202approximately a 4minute driveenhancing commuter mobility and logistics convenience.
  • Surrounding daytime population is 5090% higher than the total residential population within 3 miles, highlighting a significant need for affordable and workforce housing.
  • Zoned WU T:4.3 and WU T:5.5, allowing medium to highdensity multifamily, retail, office, and livework uses with building heights up to 100 feet.

Building Details

  • For Sale $1,292,000
  • Property Type VacantLand
  • Lot Size 33,284 SF
  • Additional Rent Price on request
  • Date Updated Nov 5, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Michelle Keoghan

Coldwell Banker Commercial Realty

broker
Candace Eldridge

Coldwell Banker Commercial Realty

broker
Catherine Fox Gundersen

Coldwell Banker Commercial Realty

Location

  • City Phoenix, AZ
  • Neighborhood Central City
  • Zip Code 85034
  • Market Phoenix
  • Map
  • Street
  • Walk score 51/100 Somewhat Walkable
  • Transit score 55/100 Good Transit
  • Bike score 62/100 Bikeable
Powered by Walk Score ®

Points of Interest

24th St/ Washington

0.15 miles

24th St/ Jefferson

0.18 miles

24th Street

0.98 miles

38th St/ Washington

1.55 miles

Rental Car Center

1.60 miles

12th St/ Jefferson

1.68 miles

12th St/ Washington

1.76 miles

Blasian Limousine & Transportation

1.91 miles

Waymo Rideshare

2.10 miles

44th St/ Washington

2.23 miles

Chevron

0.18 miles

Shell

0.24 miles

Sinclair

0.81 miles

QuikTrip

1.13 miles

Circle K

1.20 miles

Arco

1.39 miles

Blink

1.48 miles

Tesla Destination Charger

1.68 miles

UPS Parking Lot

0.71 miles

Facilities & Services Visitor Parking

0.83 miles

City of Phoenix Employee Parking

0.84 miles

West Cell Phone Lot

0.88 miles

Air Cargo Employee Parking

0.93 miles

West Economy Parking

1.06 miles

24th Street Station

1.07 miles

Terminal 2 Garage

1.08 miles

Private Rooftop Parking

1.35 miles

Terminal 3 Garage

1.44 miles

Quick Quack Car Wash

1.31 miles

Phoenix Car Rental

1.35 miles

Clean PHX Cars

1.35 miles

Monte Vista Car Wash

1.55 miles

Enterprise

1.59 miles

Last Resort Car Rental

1.62 miles

Alamo

1.63 miles

Budget

1.64 miles

Avis

1.65 miles

Payless

1.66 miles

McDonald's

0.21 miles

Carl's Jr.

0.23 miles

Filiberto's

0.23 miles

Menuderia Guanajuato

0.27 miles

Pizza Hut

0.75 miles

Taco Bell

0.75 miles

Jack in the Box

0.76 miles

Knock Kneed Lobster

0.81 miles

Tortas Paquime

1.16 miles

Gayosso's Mexican Food

1.19 miles

Al Karama

1.22 miles

Al - Rahma Shopping Center

1.29 miles

Mi Tienda Latina

1.32 miles

Food City

1.40 miles

Yenat Enjera Ethiopian Market & Grocery

1.75 miles

Marvel on McDowell

1.84 miles

Zam Zam World Foods

2.17 miles

Fry's Food and Drug

2.37 miles

EL Super

2.38 miles

Walmart Supercenter

2.56 miles

New Forensic Hospital

0.29 miles

Arizona Community Protection & Treatment Center

0.33 miles

Community Bridges Central City Addiction Recovery Center

0.34 miles

Arizona State Hospital

0.37 miles

Civil Hospital

0.43 miles

Valleywise Health Medical Center

0.58 miles

Valleywise Comprehensive Health Center – Phoenix

0.63 miles

Phoenix Fire Department - Station 11

0.70 miles

32nd Street VA Clinic

0.80 miles

Phoenix Police Airport Bureau

0.86 miles

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