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$860,000 Just Listed

  • For Sale
  • Active
  • Commercial
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This freestanding retail/office building sits on a high-visibility corner lot at 12th Street and Oak Street in Central Phoenix. The 2,290 SF building was renovated in 2021 and most recently operated as a birthing center. The layout includes three private suites each with an in-suite bath, two exam rooms, two bathrooms, a large reception / waiting area, and a break room. Additionally, the property includes fenced parking. The floor plan adapts readily to a wide range of professional, medical, or wellness uses.

Full Property Details for 1197 E Oak St

General

  • Price: $860,000
  • Taxes: $4,332 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7003091
  • Updated: 3/24/2026
  • Added to Site: 3 day(s) ago

Business

  • Business Type: Professional/Office, Medical, Other, Retail

Rental Information

  • Complex Features: Conference Room, Reception Room, Kitchen, Skylight(s)

Interior

  • Flooring: Concrete

Additional Information

  • Security/Safety: Alarm System, Security Camera(s)

Parking

  • Parking Features: Fenced

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: PALM GARDENS
  • Cross Streets: 12th Street & Oak

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Office A/C
  • Heating Type: None

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Other (See Remarks), Commercial, Office
  • Exterior Const.: Wood Frame, Tilt-Up, Block
  • Roof: Foam, Rolled/Hot Mop
  • Year Built: 1973

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,828
  • Zoning: C-1

Financial Considerations

  • Tax Amount: $4,332
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 2 BLOCK 2 PALM GARDENS 2 MCR 001520
  • Property ID: 117-26-027-A
  • Range: 3E
  • Section: 33
  • Lot Number: 2

Listed by R.O.I. Properties

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— 1197 E Oak St —

  • R.O.I. Properties

  • R.O.I. Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1197 E Oak St

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Ralph Waldo Emerson Elementary School
915 East Palm Lane, Phoenix, AZ 85006
K-80.4 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1197 E Oak St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/24/2026
Listed
$860,000
115%
MLS
4/24/2023
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1197 E Oak St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,332
3%
$99,185
6%
2024
$4,206
-2%
$93,664
-1%
2023
$4,291
1%
$94,908
26%
2022
$4,261
—
$75,225
16%
2022
$4,261
31%
$64,962
26%
2020
$3,247
—
$51,506
26%
2020
$3,247
—
$40,978
-5%
2019
$3,244
2%
$43,274
51%
2018
$3,188
3%
$28,658
15%
2017
$3,095
3%
$24,976
45%
2016
$3,007
4%
$17,234
1%
2015
$2,878
5%
$17,101
2%
2014
$2,754
-16%
$16,791
-13%
2013
$3,264
—
$19,372
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1197 E Oak Street, Phoenix, AZ 85006 (MLS# 7003091) is a Commercial property. 1197 E Oak Street is currently listed for $860,000 and was received on March 24, 2026. Want to learn more about 1197 E Oak Street? Do you have questions about finding other Commercial real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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