411 W 5th Street, Tempe, Arizona
411 W 5th Street, Tempe, Arizona 85281 - Downtown Tempe Farmer Avenue Arts District! 2 blocks to Mill Avenue. This may be about the last opportunity to own or develop property in downtown Tempe. Lot includes 2 single family homes and 25,125 square feet of walk to Mill or Tempe Town Lake property. Currently zoned R3 with ability to put 12 units. Bonus, this parcel is also located within the Transportation overlay District providing more relaxed restrictions, higher density, and the potential to rezone with a 50' height. Property owner has submitted an RFP to develop property. Once the shoveling begins, the property will be taken off the market. If you have interest - don't wait this opportunity is going away soon.
Listing Courtesy of GETARIZONAPROPERTY.COM