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331 N 1st Ave
Phoenix, AZ 85003
Office Property For Lease · 8,000 SF

Highlights

  • Standalone ±8,000 SF office/retail building within Phoenix’s downtown core.
  • Zoned DTC-BCORE allowing a variety of commercial uses.
  • Conveniently located near major highways with easy connection to Phoenix Sky Harbor International Airport.
  • High walkability with immediate access to light rail, bus lines, parks, and numerous restaurants.
  • Prominent frontage along N First Avenue offering strong visibility to pedestrian and vehicle traffic.
  • Close to educational, cultural, and civic institutions, creating strong demand drivers.

Property Overview

This freestanding office/retail property at 331 N First Ave offers a rare opportunity to lease a distinctive building in the core of downtown Phoenix. Totaling ±8,000 square feet, the property blends historic architectural character with functional, open interiors suited for a wide range of professional and retail uses. Located in the vibrant downtown business district, the site provides exceptional visibility along North First Avenue with direct access to light rail, major bus lines, and abundant dining options just steps away. The building is zoned DTC-BCORE, accommodating a mix of uses in an environment designed to encourage urban activation. Tenants will benefit from close proximity to key downtown destinations, including government offices, Arizona State University’s Downtown Phoenix campus, and nearby high-density residential developments. Its position near W Polk Street ensures ease of access from major vehicular thoroughfares such as I-10 and SR-51, while Phoenix Sky Harbor International Airport is only minutes away.

  • 24 Hour Access
  • Signage
  • Air Conditioning

Property Facts

Building Type
Office
Year Built/Renovated
1917/1998
Building Height
2 Stories
Building Size
8,000 SF
Building Class
B
Typical Floor Size
4,000 SF
Parking
Surface Parking
Surface Tandem Parking
Covered Parking
Covered Tandem Parking
Reserved Parking
  • Listing ID: 41175262

  • Date on Market: 7/6/2026

  • Last Updated:

  • Address: 331 N 1st Ave, Phoenix, AZ 85003

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