Map of Property

1437 N. 1st St

For Sale

1437 N. 1st St , Phoenix, AZ 85004

This Phoenix property for sale is located at 1437 N. 1st St . The general use of 1437 N. 1st St is office and it incorporates 6,700 square feet of class B office space. The current listed sale price for 1437 N. 1st St is $2,000,000. 1437 N. 1st St is situated on a lot that is 0.16 acre in size.

Contacts

broker
Justin Horwitz

SVN | Desert Commercial Advisors

Property Details

  • Property Type Office - General Office
  • Property Size 6,700 SF
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1960
  • Year Renovated 2018
  • Date Updated Dec 2, 2024
The subject property is located right in the heart of Downtown Phoenix just south of 1st St. and McDowell Rd. The immediate neighborhood is experiencing major mixed-use multi-family and retail development with multiple projects under construction in the surrounding Downtown and Midtown submarkets. This site is extremely well located in the heart of Downtown Phoenix and is within walking distance from Roosevelt Row, the Metro Light Rail, Footprint Center, Chase Field, both the ASU and U of A Downtown campuses, and endless amounts of restaurant, retail, and recreational amenities. The property also allows for extremely convenient access to the I-10 Freeway. With easy Light Rail and freeway access, Sky Harbor International Airport is less than a 20-minute commute. Currently, Downtown Phoenix is in the midst of undergoing a dramatic transformation with 2,000+ apartment units being built or planned for construction and an abundance of office and retail businesses targeting this submarket. With a renewed urban vibrancy and a locally owned charm, Downtown Phoenix is becoming the epicenter for students and young professionals alike, creating tremendous demand for urban living.SVN Desert Commercial Advisors, as the sole representative of the Owner, is proud to present for sale 1437 N. 1st Street. The subject property consists of a two-story, ±6,700 square-foot mixed-use retail and creative office building sitting on ±0.16 acres. A portion of the first floor is currently leased out to Giant Coffee, with the remainder being private office space and retail space. The building is an ideal opportunity for an owner user to utilize the vacant space or as the previous owner had done, occupy the 2nd floor and rent out the remaining vacant units on the 1st floor driving additional income offsetting expenses.
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Highlights

  • Upscale Creative Office/Retail Building For Sale
  • Owner User Opportunity in Remaining Vacant Space
  • Income in Place with Existing Tenant | Additional Income Potential from Current Vacancy
  • On-Site Coffee Shop & Cafe, Currently Leased to Giant Coffee
  • Gated Private Parking in the Rear | Additional Parking For Lease from Neighboring Owners
  • Dense Development in Immediate Neighborhood
  • Walking Distance to Downtown Phoenix Amenities & Light Rail
  • Immediate I-10 Freeway Access

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 58/100

    Transit Score ®

  • 73/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Phoenix, AZ
  • Neighborhood Downtown Phoenix
  • Zip Code 85004
  • Market Phoenix

Points of Interest

  • McDowell/ Central Ave

    0.10 miles

  • SRB Limo LLC

    0.28 miles

  • Roosevelt/Central

    0.43 miles

  • Encanto/ Central Ave

    0.58 miles

  • Van Buren/ Central Ave

    0.94 miles

  • Van Buren/ 1st Ave

    0.95 miles

  • Thomas/ Central Ave

    1.10 miles

  • Washington/ Central Ave

    1.15 miles

  • 3rd St/ Washington

    1.18 miles

  • Jefferson/ 1st Ave

    1.23 miles

  • Blink

    0.16 miles

  • Mobil

    0.56 miles

  • Circle K

    0.65 miles

  • Shell

    1.40 miles

  • ChargePoint

    1.79 miles

  • CVS parking

    0.04 miles

  • Museum Parking

    0.14 miles

  • Church Parking

    0.24 miles

  • Ace Parking

    0.42 miles

  • Kenilworth School Parking

    0.51 miles

  • Roosevelt Point

    0.54 miles

  • University Center Parking Garage

    0.85 miles

  • Arizona Center Parking

    0.85 miles

  • Lot C Garage

    0.90 miles

  • Parking Garage

    0.95 miles

  • FOUND:RE Phoenix Hotel

    0.37 miles

  • Coronado Hotel & Motel

    0.59 miles

  • HI Phoenix - The Metcalf House

    0.69 miles

  • Fairfield Inn & Suites Phoenix Midtown

    0.75 miles

  • Best Western Downtown Phoenix

    0.78 miles

  • AC Hotel

    0.89 miles

  • Hampton Inn & Suites Phoenix Downtown

    0.91 miles

  • Sheraton Grand Phoenix

    0.92 miles

  • Westin Phoenix Downtown

    0.95 miles

  • Hotel San Carlos

    1.03 miles

  • Safeway

    0.28 miles

  • Phoenix General

    0.46 miles

  • Marvel on McDowell

    1.24 miles

  • Fry's Food and Drug

    1.25 miles

  • Yenat Enjera Ethiopian Market & Grocery

    1.36 miles

  • Sprouts Farmers Market

    1.64 miles

  • Food City

    2.05 miles

  • Natural Grocers

    2.11 miles

  • Latino Market

    2.30 miles

  • Mi Tienda Latina

    2.46 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Justin Horwitz

SVN | Desert Commercial Advisors

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