6901 E 1ST Street 105c, Scottsdale, AZ 85251

$1,490,000
Property Type: Comm/Industry Sale Square Footage: 2,494 Lot Size (sq. ft.): 2,494 Status: Active
Current Price: $1,490,000 List Date: 1/03/2026 Last Modified: 5/22/2026

Overview

Description

Here is an opportunity for qualified investors, to acquire this 100% leased ground floor office condominium in the desirable Downtown Scottsdale's Arts District. Built in 2018 with 7 luxury residences above. The two office suites consist of +/- 2494 SF. Nine covered parking spaces are included. The leases are Triple (NNN).

Listing Details MLS# 6962900

Location, Tax & Legal

House Number
6901
Compass
E
Street Name
1ST
St Suffix
Street
City/Town Code
Scottsdale
State/Province
AZ
Zip Code
85251
Zip4
5303
Country
US
County Code
Maricopa
Subdivision
ELDORADO ON 1ST CONDOMINIUM
Assessor Number
130-11-491
Tax Year
2025
Unit #
105c
Assessor's Map #
11
Legal Description (Abbrev)
LOT 105C ELDORADO ON 1ST CONDOMINIUM MCR 120230
Assessor's Parcel #
491
Add'l Parcels
No
Tax Municipality
Scottsdale
Census Tract
217201
Taxes
4787
Legal
LOT 105C ELDORADO ON 1ST CONDOMINIUM MCR 120230
Marketing Name
Eldorado ON 1st

Contract Info

Ownership
Condominium

General Property Description

Type of Property
Office/Retail
Ttl Apx SqFt Bldg
2494
# of Buildings
Yes
Year Built
2018
Zoning
C-DT
Flood Zone
No
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
Scottsdale Road and Indian School Road
Directions
West on Indian School Road to Goldwater BLVD, South to E. 1st Street, go West on 1st Street to the property on the left.

Legal Info

Township
2N
Range
4E
Section
27
Lot Number
105C

Income Expenses

Gross Annual Sch Inc
84700.44
Net Operating Income
86325.64

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Currently Not Used

Sold Price Per SqFt
597.43

Construction

Tilt-Up
Yes

Roofing

Other
Yes

Floors

Concrete
Yes

Income & Expenses

Owner Association
Yes
Annual Ownr Asoc Fee
10116
Operating Exp
14903
Other Income
9049.26
Vacancy Allowance
0.05
Adjusted Gross Inc
89062.21

Building Type

Commercial
Yes

Business Type

Professional/Office
Yes
Retail
Yes

Pmt & Rate Info

Cap Rate
5.79
Equity
1490000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Private Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Curb(s) & Gutter(s)
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Building Features

Conference Room
Yes
Showroom
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Lot
Yes
Private
Yes

Electric

SRP
Yes
Master Meter
Yes

Gas

None
Yes

New Financing

1031 Exchange
Yes

Special

Owner/Agent
Yes

Use Restrictions

Deed Restrictions
Yes
CC&R's
Yes
Currently Leased
Yes

Reports/Disclosures

Vicinity of an Airport
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Professional/Office; Retail Construction: Tilt-Up Roofing: Other Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Private Restrooms Exterior: Curb(s) & Gutter(s) Fencing: None Building Features: Conference Room; Showroom Parking Features: Parking Lot; Private Electric: SRP; Master Meter Gas: None Water Source: City Franchise; Master Meter Sewer: Sewer - Public New Financing: 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Special: Owner/Agent Source of Fincl Data: Owner Road Surface Type: Asphalt Use Restrictions: Deed Restrictions; CC&R's; Currently Leased Environmental: None
IDX
Listing Office: West USA Realty
Last Updated: May - 22 - 2026
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