For Sale Commercial MLS# 6986244

114 W ADAMS Street C103

Phoenix, AZ 85003

$1,800,000

About 114 W ADAMS Street C103

Downtown Phoenix Restaurant for Sale. An exceptional opportunity to lease a beautifully designed built-out restaurant in the heart of Downtown Phoenix in the Alfred Hitchcock Famous Orpheum Lofts Art Deco Style High-Rise Building. This turnkey space is designed to impress with a modern layout, stylish finishes, and extensive kitchen infrastructure -- ideal for an operator looking to launch quickly. Highlights: Prime downtown location with strong visibility and foot traffic. Spacious dining area and bar setup. Historic building with character and modern upgrades. Fully equipped kitchen and storage, ready for immediate operation. With its location, infrastructure, and complete build-out, this space is an outstanding opportunity for your next restaurant or hospitality venture. Possible Included Equipment on Separate bill of Sale: (2) Southwest 6-burner ranges with convection oven. Wood-fired grille. Volcan electric oven. Range with flat top and standard oven. Fryer. Reach-in freezer. 3-door bar fridge. Under-counter freezer. Walk-in cooler. Walk-in wine cellar. Wine fridge. Reach-in refrigerator. Fun Popular culture Fact - The opening sequence of the 1960 Alfred Hitchcock film Psycho was filmed from the roof of this building. Contact broker for details and private tours.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1990
Living area
9,445 sqft
Price / sqft
$191
Lot
0.08
Original price
$1,800,000
MLS #
6986244

Interior

Features
Chiller System, Electric, Concrete
Flooring
Concrete
Heating
Electric
Cooling
Chiller System

Exterior & lot

Features
Other, Parking spaces: 0
Construction
Brick, Other
Roof
Other
Lot
C-DT / COMMERCI, 11221585
Parking
Other

Schools

District
Phoenix Elementary District

Utilities

Utilities
Sewer-In & Connected, Public Sewer, Other, Submetered System, Individual Meter
Water
Other, Submetered System, Individual Meter
Sewer
Sewer-In & Connected, Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$8,511
Tax year
2025
Parcel
11221585

Location

Subdivision
ORPHEUM LOFTS COMMERCIAL UNIT AMD
County
Maricopa
Neighborhood
Downtown Phoenix
Community
Maricopa, Arizona Regional Multiple Listing Service 2
Directions
The Orpheum Lofts building is on the SW corner of 1st Avenue and Adams. Suite has premium frontage on 1st Avenue.

Location

Neighborhood
Downtown Phoenix
Subdivision
ORPHEUM LOFTS COMMERCIAL UNIT AMD
School district
Phoenix Elementary District

Ask about this property

Questions on 114 W ADAMS Street C103, Phoenix, AZ 85003, or want to see it in person?

Listed by Jeremy Solem, Versatile Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.