3023 N 16TH Street Phoenix, AZ ^$ 1,998,000

3023 N 16TH Street

^$ 1,998,000

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3023 N 16TH Street

Phoenix, AZ, 85016

^$ 1,998,000

Bedrooms-- Baths-- Sq 5,170

Monthly Estimate*

^$ 12,302

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Commercial Property for sale in Phoenix, AZ

for $1,998,000. This 5,170 square foot building was built in 1955 on a lot size of 0.49.

Red Brick Warehouse Bldg. That You Can Drive a Bus Through. Concrete Floors. --Approx 21,780 Lot -- Corner Lot -4200 Main Building And 960 Sqft. Next to Oreilly Auto Parts. Close to Center of Metro PHX. Camelback/Biltmore Corridor, Downtown, midtown/uptown. Plenty of Parking. Minutes From RT.51 & 202/I10. Zoned C-2. Mult Use.

Commercial Active

Price

^$ 1,998,000

Property Type

Commercial

Taxes

^$ 10,087

Style

Comm/Industry Sale

Lot Size

0.49

Year Built

1955

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6978049

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Window/Wall Unit

Roof Built-Up

Zoning C-2

Construction Materials Block Brick

Year Built 1955

Electric APS

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 500000.0

Business Type Automobile

County Maricopa

Net Operating Income 450000.0

Operating Expense 10087.0

New Construction N

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name EARLL PLACE

Status Active

Directions 16th Steet 3 blocks North of Thomas on West side

City Phoenix

Disclosures None

Open Parking Spaces 25.0

Lot Size Units Square Feet

Lot Size Square Feet 21214.0

Carport Y/N N

Tax Annual Amount 10087.0

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial Distribution/Warehse

Standard Status Active

Occupancy Type Owner

Tax Lot 6

Cap Rate 22.52

Senior Community N

Interior

Flooring Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Fencing Chain Link

Parking Features Free

Water Source City Franchise

Total Parking 25.0

Lot Size Area 21214.0

Number of Buildings 2

Spa N

Lot Size Acres 0.49

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3023

* Excluded Features

List By

Delex Realty

Broker

cathyhum.realtor@gmail.com

Affordability Calculator

$13,143

Per Month

Monthly Principal & Interest: $12,302
Monthly Property Taxes: $841
Monthly Home Insurance: --

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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 ^$1,305,258

Percent of Sale Price 35%

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
2/2/2026	$1,998,000		Listed Price

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3023 N 16TH Street, Phoenix, AZ, 85016 is a Commercial Property for sale at $1,998,000 with 5,170 sqft and a lot size of 0.49. 3023 N 16TH Street was built in 1955. The property's zip code is 85016 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 2/4/2026.

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3023 N 16TH Street

Commercial Property for sale in Phoenix, AZ

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