$1,724,000
$75K PRICE DROP

Estimated payment $10,780/month

Total Views 365,877
-- Bed
-- Bath
5,974 Sq Ft
$289 Price per Sq Ft

Highlights

  • Hot Property
  • Cooling Available
  • 2-minute walk to Townsend Park
  • Emerson Elementary School Rated 9+
  • Heat Pump System

About This Home

Two-story commercial space in a PRIME location near 3rd St & McDowell in Downtown Phoenix. Nearly 3,000 sq. ft. per floor offers flexibility for office, retail, or creative use. Marquee signage gives your brand major exposure in the heart of the action. Easy access for clients, teams, and deliveries. Surrounded by nonstop growth, this is the kind of spot that takes your business to the next level - in presence, performance, and strategy. Zoned for success.

Listing Agent

William Lewis

Williams Luxury Homes License #SA535172000 Listed on: 06/17/2025

Co-Listing Agent

Emily Rollins

Williams Luxury Homes License #SA674440000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,111

Year Built

  • Built in 1989

Lot Details

  • 9,460 Sq Ft Lot
  • Property is zoned DTC-MCD-2

Home Design

  • 5,974 Sq Ft Home
  • Block Exterior

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • East Evergreen Addn Blks 13, 14, 19, 20 Subdivision
  • Operating Expense $15,111

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 111-37-047

Property Details

Property Type

Other

Est. Annual Taxes

$15,111

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Cross Street: SEC of E McDowell Rd & N 3rd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-MCD-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1989
  • Tax Year: 2024
  • Directions: SEC of E McDowell Rd & N 3rd St on the South side of E McDowell Rd
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: wilu001
  • Co List Office Phone: 602-920-6297
  • Subdivision Name: EAST EVERGREEN ADDN BLKS 13, 14, 19, 20
  • Structure Type: Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 5974.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks), Vicinity of an Airport
  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Parking Lot, Other, Paved
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 9460.0
  • Parcel #: 111-37-047

Multi Family

  • Annual Operating Expense: 15111.0

Tax Info

  • Tax Annual Amount: 15111.0
  • Tax Book Number: 111.00
  • Tax Lot: E
  • Tax Map Number: 37.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,111 $109,571 -- --
2024 $15,418 $107,615 -- --
2023 $15,418 $152,643 $52,955 $99,688
2022 $15,307 $125,966 $39,498 $86,468
2021 $15,626 $138,438 $40,626 $97,812
2020 $15,807 $115,578 $28,062 $87,516
2019 $15,781 $115,794 $23,094 $92,700
2018 $15,511 $99,342 $20,628 $78,714
2017 $15,151 $85,212 $21,492 $63,720
2016 $14,716 $112,032 $20,070 $91,962
2015 $13,995 $80,013 $19,962 $60,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $1,724,000 -4.2% $289 / Sq Ft
06/17/2025 06/17/25 For Sale $1,799,000 -- $301 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Thomas Title & Escrow Llc
Special Warranty Deed $300,000 Lawyers Title Ins
Joint Tenancy Deed $2,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $245,000 New Conventional
Previous Owner $210,000 Commercial
Source: Public Records

About the Listing Agent

William Lewis

Williams Luxury Homes

(623) 244-5834

Section Image

High-Expectation Individuals Expect Passion

As a creative marketing strategist and passionate negotiator, William Lewis helps discerning connoisseurs access Arizona's most sought-after keys. With two decades in the business, William’s clientele includes: International Investors, Professional Athletes, Business Executives, Foreign Nationals, and Entertainment Personalities.

“William Lewis Helps Discerning Connoisseurs Access Arizona's Most Sought-After Keys.”

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6881052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-37-047