For Sale Commercial MLS# 6828239

512 W ADAMS Street

Phoenix, AZ 85003

$2,650,000

About 512 W ADAMS Street

Unique Opportunity for possible development in the heart of downtown Phoenix with special DTC (Downtown) Zoning allowing a developer to build up. This property offers approximately 26,730 square feet of versatile space, ideal for businesses seeking a distinctive and strategic location. 3 parcels are included in the sale including 112-20-052, 112-20-053, and 112-20-055. This rare opportunity shares a corner with the famous Arizona Financial theater on the corner of 5th Ave. and Adams St. this is the best deal for a downtown property and will not last long on the market.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1958
Living area
26,730 sqft
Price / sqft
$99
Lot
0.16
Original price
$3,000,000
MLS #
6828239

Interior

Features
Concrete
Flooring
Concrete

Exterior & lot

Features
Parking Lot, Parking spaces: 0
Construction
Stucco, Block, Built-Up
Roof
Built-Up
Lot
DTC-VanB, 11220053
Parking
Parking Lot

Schools

District
Phoenix Elementary District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$7,618
Tax year
2024
Parcel
11220053

Location

Subdivision
PHOENIX 1 THROUGH 4 & 11 THROUGH 18
County
Maricopa
Neighborhood
Downtown Phoenix
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2
Directions
east on Van Buren, south on 5th Ave and property is located on the SW Corner of Adams and 5th Ave

Location

Neighborhood
Downtown Phoenix
Subdivision
PHOENIX 1 THROUGH 4 & 11 THROUGH 18
School district
Phoenix Elementary District

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Listed by Edson Salas, ES Realty

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.