For Sale
$1,975,000

116 Mcdowell RdPhoenix, AZ 85003

Prime location, renovated office space

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional three-story office building, totaling 6,883 square feet, is situated on a 0.22-acre lot in the heart of Downtown Phoenix at 116 W McDowell Rd, zip code 85003. Built in 2007 and extensively renovated in 2023, the property offers a blend of creative, executive, and traditional office spaces, making it highly versatile. Its central location provides easy access to Roosevelt Row, the Metro Light Rail, Footprint Center, Chase Field, ASU and U of A Downtown campuses, and numerous restaurants and shops. The I-10 Freeway and Sky Harbor International Airport are also within easy reach. The property's prime location benefits from the ongoing revitalization of Downtown Phoenix, with significant mixed-use development underway. This presents a unique opportunity for owner-occupancy or investment, given the current vacancy and the high demand for urban office space in this thriving area. The building features modern finishes and a desirable layout. The Maricopa County Assessor's Parcel Number (APN) is 118-56-126. The asking price is $1,975,000, translating to $286.94 per square foot.

Highlights

  • Three-story, 6,883 square foot office building in Downtown Phoenix.
  • Located at 116 W McDowell Rd, Phoenix, AZ 85003, on a 0.22-acre lot.
  • Built in 2007, extensively renovated in 2023, featuring modern finishes and a versatile layout.
  • Prime location offers easy access to amenities, including public transportation, major freeways, and entertainment venues.
  • Currently vacant, presenting an owner-occupancy or investment opportunity in a high-demand urban area.
  • Offered at $1,975,000 ($286.94/SF), Maricopa County Assessor's Parcel Number (APN) 118-56-126.

Property Details for 116 Mcdowell Rd

Property type
Office properties, Office space
Square Feet
6,883 SF
Year Built/Renovated
2007/2023
Buildings
1
Stories
3
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4660004
Longitude
-112.076829
116 Mcdowell Rd, Phoenix, Arizona

FAQs

What type of property is this?
Office property - Prime location, renovated office space
Where is the office property located?
The property is located at 116 Mcdowell Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Three-story, 6,883 square foot office building in Downtown Phoenix.; Located at 116 W McDowell Rd, Phoenix, AZ 85003, on a 0.22-acre lot.; Built in 2007, extensively renovated in 2023, featuring modern finishes and a versatile layout.
How can I contact the broker?
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116 Mcdowell Rd
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