Home Details for 726 W MAGNOLIA Street

Unique A-2 MIXED-use Heavy Industrial zoned opportunity in the heart of Phoenix! This property offers a rare combination of residential living and potential business use. The property currently features three separate living quarters, including a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit with an attached office space, and a studio with its own bathroom. Whether you're looking for owner-occupancy, multi-generational living, employee housing, rental income potential, or a live/work setup, this property offers flexibility and options. Additional improvements include an auto pit and ample room to accommodate business operations, storage, workshop space, or future expansion opportunities. A large concrete parking area at the front of the property provides abundant off-street parking and may be ideal for customer parking, work vehicles, equipment, or fleet storage. The existing 1-bedroom unit with attached office may also present the potential for future expansion, subject to buyer verification and approval requirements. With industrial zoning, a central Phoenix location, and multiple structures already in place, the value here extends far beyond the residential improvements. The property is currently utilized as an automotive-related business, while the multiple residential units offer rental income potential. A rare opportunity for entrepreneurs, investors, contractors, automotive users, and buyers seeking a property that can support both living and business needs. Conveniently located near Downtown Phoenix, I-10, I-17, and major industrial corridors. Buyer to independently verify zoning, permitted uses, square footage, expansion possibilities, and financing options.

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