512 W ADAMS Street Phoenix, AZ ^$ 2,650,000

512 W ADAMS Street

^$ 2,650,000

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512 W ADAMS Street

Phoenix, AZ, 85003

^$ 2,650,000

Bedrooms-- Baths-- Sq 26,730

Monthly Estimate*

^$ 16,533

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Commercial Property for sale in Phoenix, AZ

for $2,650,000. This 26,730 square foot building was built in 1958 on a lot size of 0.16.

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.

Commercial Active

Price

^$ 2,650,000

Property Type

Commercial

Taxes

^$ 7,618

Style

Comm/Industry Sale

Lot Size

0.16

Year Built

1958

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6828239

Features

General

Sewer Public Sewer

Heating See Remarks

Cooling See Remarks

Roof Built-Up

Zoning DTC-VanB

Construction Materials Stucco Block

Year Built 1958

Electric Other (See Remarks)

Township 1N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 0.0

Business Type See Remarks

County Maricopa

Net Operating Income 0.0

Operating Expense 7618.0

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name PHOENIX 1 THROUGH 4 & 11 THROUGH 18

Building Features Other (See Remarks)

Status Active

Directions east on Van Buren south on 5th Ave and property is located on the SW Corner of Adams and 5th Ave

City Phoenix

Disclosures None

Open Parking Spaces 0.0

Lot Size Units Square Feet

Lot Size Square Feet 6909.0

Carport Y/N N

Tax Annual Amount 7618.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial Industrial

Standard Status Active

Occupancy Type Vacant

Tax Lot 4

Senior Community N

Interior

Flooring Concrete

Air Conditioning Y/N N

Heating Y/N N

Total Baths 0

Exterior

Fencing None

Parking Features Parking Lot

Water Source City Franchise

Total Parking 0.0

Lot Size Area 6909.0

Number of Buildings 3

Spa N

Lot Size Acres 0.16

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 512

* Excluded Features

List By

Es Realty

Broker

transactions@esrealtypartners.com

Affordability Calculator

$17,167

Per Month

Monthly Principal & Interest: $16,533
Monthly Property Taxes: $635
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,213,573

Percent of Sale Price 54%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2025	$2,650,000	-11.67%	Price Down
2/28/2025	$3,000,000		Listed Price

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512 W ADAMS Street, Phoenix, AZ, 85003 is a Commercial Property for sale at $2,650,000 with 26,730 sqft and a lot size of 0.16. 512 W ADAMS Street was built in 1958. The property's zip code is 85003 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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512 W ADAMS Street

Commercial Property for sale in Phoenix, AZ

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