301 West Osborn Road | 301 West Osborn Road, Phoenix, AZ 85013 | $3,850,000 | $96.25 Per SF
PRESS RELEASE
FOR IMMEDIATE RELEASE
Contact:
Corporate Headquarters
ABI Multifamily
Phone: 602.714.1400
Company Website: www.ABImultifamily.com
Phoenix, AZ. (September 12, 2025) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,850,000 / $96.25 Per SF sale of 301 West Osborn Road, located in Phoenix, Arizona. The Buyer and Seller were represented by ABI Multifamily's Patrick Burch and John Klocek.
The Buyer and Seller are based in Arizona.
301 West Osborn Road is an office conversion opportunity located in the heart of Midtown Phoenix. The property sits contiguous to the large Park Central development in Midtown, home to Creighton University along with Class A office space, retail, and restaurants.
The Park Central development’s original design as an outdoor regional mall provides a unique opportunity to utilize features that are attractive to today’s “new economy” office users. The location provides visitors and employees with easy access to nearby major freeways and two light rail stations, proximity to some of Phoenix’s hottest neighborhoods and housing, and all the benefits of being at the heart of Phoenix’s urban core along with being minutes to the heart of both Downtown and Uptown Phoenix.
301 West Osborn Road is a four-story, 40,000+/- square-foot concrete building, constructed in 1970, featuring a subterranean parking garage with approximately 66 spaces, plus 39 additional surface spaces. The property is zoned C1/HR allowing for a wide variety of uses. The building has been stripped back to the concrete shell and has approximately 12' ceiling heights allowing opportunities for a reposition, repurpose, or conversion project. Additionally, approximately one million dollars have been spent on updates to the parking garage structure.
This property is planned for a conversion to high end residential.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Las Vegas, San Diego, and Tucson, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.