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$3,500,000
Phoenix, AZ 85006
MLS# 6976713
1 / 54
Property Description
Incredible investment opportunity! Nestled on a premium corner lot, this versatile commercial building enjoys excellent visibility w/tons of parking space, making it perfect for your next business venture! Currently used as a restaurant & event center, the spacious interior makes it ideal for just about anything, whether it's retail, entertainment, or even simple storage. PLUS! The adjacent vacant lot is being sold together, so you'll have plenty of space for expanding if needed! What are you waiting for? Don't let this amazing opportunity slip by!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,500,000
List Price: $3,500,000
Status: Active
List Date: 2026-01-29
Location, Tax & Legal
Assessor's Map #: 5
Legal Description (Abbrev): GREENFIELD AC PT LOT 13 W 197' OF N2 EX W 2.5'
Assessor's Parcel #: 23
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 111602
Taxes: 6343
Legal: GREENFIELD AC PT LOT 13 W 197' OF N2 EX W 2.5'
House Number: 2533
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1402
County Code: Maricopa
Subdivision: GREENFIELD ACRES LOTS 1-8
Assessor Number: 117-05-023
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 7933
# of Buildings: 1
Uncvrd Parking Spcs: 15
Stories: 1
# of Interior Levels: 1
Lot Size Dimensions: 76x194
Year Built: 1973
Zoning: C-2
Currently Not Used
Sold Price Per SqFt: 441.2
Legal Info
Range: 3E
Section: 34
Township: 2N
Lot Number: 13
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Rolled: 1
Floors
Concrete: 1
Ceramic Tile: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6343
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Mixed: 1
Restaurant: 1
Pmt & Rate Info
Equity: 3200000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Other: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
None: 1
Cooling
Central Air: 1
Warehouse Evap: 1
Interior Features
Finished to Suit: 1
Smoke Detector(s): 1
Security System: 1
Security Camera(s): 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Exterior
Dual Street Ftg: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
35,001 to 50,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Kitchen: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Paved: 1
Electric
APS: 1
Master Meter: 1
220 Volts: 1
440 Volts: 1
3 Phase Power: 1
Gas
None: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Lease: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Remarks Misc
Cross Street: McDowell Rd & 12th St
Directions: Head toward 13th St, Turn left onto 16th St. Property will be on the right.
Geo Lat: 33.475533
Geo Lon: -112.047216
Property Features
Building Type: Commercial
Business Type: Mixed; Restaurant
Construction: Block; Stucco; Wood Frame
Roofing: Rolled
Floors: Concrete; Ceramic Tile
Ceiling Height: 16.1 Feet to 28 Feet
Heating: None
Cooling: Central Air; Warehouse Evap
Loading Facilities: Grade Level
Interior Features: Finished to Suit; Smoke Detector(s); Security System; Security Camera(s); Private Restrooms
Exterior: Dual Street Ftg
Fencing: None
Building Features: Kitchen
Parking Features: Free; Paved
Road Access Type: City Street
Road Responsibility: City Maintained Road
Electric: APS; Master Meter; 220 Volts; 440 Volts; 3 Phase Power
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only; 1031 Exchange; Lease
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Other
Source of Fincl Data: Owner
Road Surface Type: Asphalt
Traffic Count: 35,001 to 50,000
Environmental: None
Listing Office: eXp Realty
Last Updated: February - 09 - 2026
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