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1405 N 1ST Street, Phoenix, AZ 85004

New Listing
$3,330,000
Property Type: Comm/Industry Sale Square Footage: 7,450 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $3,330,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Description

APN: 111-35-085, 111-35-086, 111-35-100, 111-35-098 Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,450 square feet of office improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125 dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors.

More Information MLS# 7045453

Contract Info

Ownership: Fee Simple Current Price: $3,330,000 List Price: $3,330,000 Status: Active List Date: 2026-06-23

Location, Tax & Legal

Assessor's Map #: 35 Legal Description (Abbrev): CENTRAL PL SUB BLK 17 Assessor's Parcel #: 85 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 113000 Taxes: 15535 Legal: CENTRAL PL SUB BLK 17 House Number: 1405 Compass: N Street Name: 1ST St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85004 Zip4: 1604 Country: US County Code: Maricopa Subdivision: CENTRAL PLACE SUB OF BLK 17 Assessor Number: 111-35-085 Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 7450 # of Buildings: 1 Uncvrd Parking Spcs: 30 Year Built: 1975 Zoning: DTC-TWNPK

Currently Not Used

Sold Price Per SqFt: 446.98

Legal Info

Range: 3E Section: 5 Township: 1N Lot Number: 4

Construction

Tilt-Up: 1 See Remarks: 1

Roofing

See Remarks: 1

Floors

Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Office: 1 Other (See Remarks): 1

Business Type

Mixed: 1 See Remarks: 1

Pmt & Rate Info

Equity: 3330000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

See Remarks: 1

Cooling

See Remarks: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

Other (See Remarks): 1

Road Access Type

City Street: 1

Exterior

Other (See Remarks): 1

Source of Fincl Data

Other (See Remarks): 1

Road Responsibility

City Maintained Road: 1

Traffic Count

75,001 to 100,000: 1

Fencing

See Remarks: 1

Water Source

See Remarks: 1

Freeway/Highway

Up to 1 Mile: 1

Building Features

Other (See Remarks): 1

Sewer

See Remarks: 1

Railroad

Other (See Remarks): 1

Parking Features

Fenced: 1 Parking Structure: 1 Parking Lot: 1 See Remarks: 1

Electric

Other (See Remarks): 1

Gas

Other (See Remarks): 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Other (See Rmks): 1

Existing 2nd Loan

Treat as Free&Clear: 1 Other (See Remarks): 1

Existing 3rd Loan

Other (See Remarks): 1

Use Restrictions

Other (See Remarks): 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Contact Info

List Agent Home Phn: 480-273-0212 List Agent Hme Phn 2: 480-273-0212 List Agent Cell Phn2: 480-273-0212

Remarks Misc

Cross Street: 1st Street & McDowell Road Directions: From Interstate 10, take the 7th Street exit and travel north to McDowell Road. Continue east on McDowell Road to 1st Street, then head south. Geo Lat: 33.464547 Geo Lon: -112.072143

Property Features

Building Type: Office; Other (See Remarks) Business Type: Mixed; See Remarks Construction: Tilt-Up; See Remarks Roofing: See Remarks Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: See Remarks Cooling: See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: See Remarks Building Features: Other (See Remarks) Parking Features: Fenced; Parking Structure; Parking Lot; See Remarks Road Access Type: City Street Road Responsibility: City Maintained Road Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: See Remarks Sewer: See Remarks Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 2nd Loan: Treat as Free&Clear; Other (See Remarks) Existing 3rd Loan: Other (See Remarks) Traffic Count: 75,001 to 100,000 Use Restrictions: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
IDX
Last Updated: June - 23 - 2026
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