MLS# 7036375 – 702 W Dunlap Avenue, Phoenix, AZ 85021

Price: $2,050,000
Lot Size Acres: 0.52
Lot Size SqFt: 22,651
Status: Active
Year Built: 1976
Days on Website: 95

Courtesy of CMEH Realty

Property Description

Prime Commercial Investment Opportunity in Sunny Slope. Exceptional corner-lot commercial property located in the highly desirable Sunny Slope neighborhood at the intersection of 7th Avenue and Dunlap Avenue. Positioned in the path of growth with numerous new developments nearby, this versatile mixed-use building offers both immediate income and future upside. The property features two existing retail spaces, three kitchen/prep areas, two public restrooms, and two private restrooms on the ground floor, providing flexibility for a variety of commercial uses including retail, catering, food production, or specialty service businesses. The second floor includes four private offices and an additional private restroom, making it ideal for administrative, professional, or creative work spa The building currently benefits from two established tenants with leases in place, generating immediate rental income. Existing tenants include a wholesale candy distributor and a retail candy store that has recently undergone significant upgrades and improvements. Additional highlights include excellent visibility, strong street presence, easy access, and abundant covered and uncovered parking for customers, employees, and tenants. The corner location offers outstanding exposure in one of North Phoenix’s most recognizable commercial corridors. Whether you’re an investor seeking stable cash flow or an owner-user looking for a strategic location with supplemental rental income, this property presents a rare opportunity in a rapidly growing area. Contact us today for additional information and a private tour.

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Property Details and Features

  • Building
  • Built in 1976
  • Living area: 9490.0
  • 1 building
  • Construction Materials: Stucco
  • Cooling
  • Central Air
  • Disclosures
  • None
  • Fence
  • None
  • Floors
  • Ceramic Tile
  • Vinyl
  • Heating
  • Forced Air
  • Income
  • Gross Income: $180,000
  • Gross ScheduledIncome: $180,000
  • Net Operating Income: $180,000
  • Listing
  • Listing ID: 7036375
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-06-02
  • 94 days on market
  • Location
  • Subdivision: FOOTHILL ACRES LOTS 1-10
  • County/Parish: Maricopa
  • Lot
  • 0.52 acres
  • Parking
  • 16 covered spaces
  • 6 open parking spaces
  • 22 total parking spaces
  • Parking Structure
  • Roof
  • Rolled/Hot Mop
  • Security Features
  • Security Light(s)
  • Smoke Detector(s)
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 158-31-029-H
  • Public Survey Range: 3E
  • Public Survey Section: 30
  • Annual Amount: $12,854
  • Tax Book Number: 158.00
  • Legal Description: S 190′ OF E 190′ OF SE4 EX S 40′ & E 40′ & EX 15′ X 15′ TRI IN SE COR TH/OF P/D 5551/593 .52 AC
  • Lot: 029H
  • Map Number: 31.00
  • Parcel Letter: H
  • Year: 2025
  • Zoning: C-1
  • Utilities
  • Water Source: City Franchise
  • APS

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$2,050,000 – 702 W Dunlap Avenue, Phoenix, AZ 85021

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This content last updated on September 5, 2026 5:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.