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1415 N 1st St
Phoenix, AZ 85004
1405 N 1st St · Office Property For Sale
Investment Highlights
- ±0.64 acre infill redevelopment opportunity
- Existing ±7,450 SF office building
- Up to 90' allowable building height and 125 dwelling units per acre
- Four parcels totaling ±27,822 SF
- DTC-TWNPK overlay zoning designation
Executive Summary
Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a
strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,450 square feet of office
improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125
dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors.
Located between Midtown Phoenix and the Downtown core, the site benefits from proximity to Roosevelt Row, Arizona Center, major employment hubs, public
transportation, entertainment venues, and some of the city's most sought after residential and mixed use developments. The property's size, zoning, and central
location create a compelling opportunity for developers, investors, and owner users seeking to capitalize on the continued growth and revitalization of
Downtown Phoenix.
strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,450 square feet of office
improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125
dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors.
Located between Midtown Phoenix and the Downtown core, the site benefits from proximity to Roosevelt Row, Arizona Center, major employment hubs, public
transportation, entertainment venues, and some of the city's most sought after residential and mixed use developments. The property's size, zoning, and central
location create a compelling opportunity for developers, investors, and owner users seeking to capitalize on the continued growth and revitalization of
Downtown Phoenix.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,540 SF
Building Class
C
Year Built
1976
Price
$3,330,000
Price Per SF
$441.64
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,540 SF
Building FAR
0.27
Lot Size
0.63 AC
Zoning
C-2 - community commercial
Parking
42 Spaces (5.84 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $32,217 | Total Assessment | $164,118 |
Property Taxes
Parcel Numbers
Land Assessment
$32,217
Improvements Assessment
$0
Total Assessment
$164,118
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