2533 N 16TH Street Phoenix, AZ ^$ 3,500,000

2533 N 16TH Street

^$ 3,500,000

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2533 N 16TH Street

Phoenix, AZ, 85006

^$ 3,500,000

Bedrooms-- Baths-- Sq 7,933

Monthly Estimate*

^$ 21,550

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Commercial Property for sale in Phoenix, AZ

for $3,500,000. This 7,933 square foot building was built in 1973 on a lot size of 0.86.

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!

Commercial Active

Price

^$ 3,500,000

Property Type

Commercial

Taxes

^$ 6,343

Style

Comm/Industry Sale

Lot Size

0.86

Year Built

1973

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6976713

Features

General

Sewer Sewer-In & Connected Public Sewer

Heating None

Cooling Central Air Warehouse Evap

Roof Rolled/Hot Mop

Zoning C-2

Security Features Security Camera(s) Security System Smoke Detector(s)

Construction Materials Wood Frame Stucco Block

Year Built 1973

Electric 440 Volts 220 Volts 3 Phase Power Master Meter APS

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 0.0

Business Type Mixed Restaurant

County Maricopa

Net Operating Income 0.0

Operating Expense 6343.0

New Construction N

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name GREENFIELD ACRES LOTS 1-8

Building Features Kitchen

Status Active

Directions Head toward 13th St Turn left onto 16th St. Property will be on the right.

City Phoenix

Disclosures Seller Prop Disc Stm

Open Parking Spaces 15.0

Lot Size Units Square Feet

Lot Size Square Feet 37471.0

Carport Y/N N

Tax Annual Amount 6343.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial

Standard Status Active

Tax Lot 13

Senior Community N

Interior

Flooring Ceramic Tile Concrete

Air Conditioning Y/N Y

Heating Y/N N

Total Baths 0

Exterior

Fencing None

Parking Features Paved Free

Water Source City Franchise

Total Parking 15.0

Lot Size Area 37471.0

Number of Buildings 1

Spa N

Lot Dimensions 76x194

Lot Size Acres 0.86

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2533

* Excluded Features

List By

Exp Realty

Broker

emelyrealtor@gmail.com

Affordability Calculator

$22,079

Per Month

Monthly Principal & Interest: $21,550
Monthly Property Taxes: $529
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$1,219,458

Percent of Sale Price 65%

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
1/30/2026	$3,200,000		Listed Price

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2533 N 16TH Street, Phoenix, AZ, 85006 is a Commercial Property for sale at $3,500,000 with 7,933 sqft and a lot size of 0.86. 2533 N 16TH Street was built in 1973. The property's zip code is 85006 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 3/24/2026.

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2533 N 16TH Street

Commercial Property for sale in Phoenix, AZ

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