For Sale
$4,615,000
1614 Roosevelt St Phoenix, AZ 85007
Historic Armory: Multi-Tenant Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 1.99-acre lot with gated yard providing ample space and security.
- Abundant parking (2.42 spaces per 1,000 sq ft), a rare amenity in this downtown-adjacent location.
- Versatile 29,212 sq ft building featuring creative office spaces and warehouse areas; each unit includes private HVAC, polished concrete floors, and LED lighting; shared amenities include a conference room, break room, and restrooms.
- Historically registered building offering unique character and potential for city incentives.
- Planned Unit Development (PUD) zoning allows for diverse uses.
- Class B office building, 6.80% cap rate, asking price $4,615,000.
Property Details for 1614 Roosevelt St
- Property type
- Office properties
- Square Feet
- 29,212 SF
- Class
- B
- Year Built/Renovated
- 1958/2015
- Lot Size (sq. ft)
- 75,359 SF
Location Insight
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.45864594
- Longitude
- -112.09402532
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Historic Armory: Multi-Tenant Investment
- Where is the office property located?
- The property is located at 1614 Roosevelt St Phoenix, AZ.
- What is the asking price?
- The asking price for this property is $4,615,000.
- What are key features of this property?
- This property features: 1.99-acre lot with gated yard providing ample space and security.; Abundant parking (2.42 spaces per 1,000 sq ft), a rare amenity in this downtown-adjacent location.; Versatile 29,212 sq ft building featuring creative office spaces and warehouse areas; each unit includes private HVAC, polished concrete floors, and LED lighting; shared amenities include a conference room, break room, and restrooms.
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