1018 W ROOSEVELT Street, Phoenix, AZ 85007
$372,000
Property Type:
Comm/Industry Sale
Square Footage:
5,029
Lot Size (sq. ft.):
16,274
Status:
Closed
Current Price:
$372,000
List Date:
4/23/2014
Last Modified:
3/18/2026
Description
Roosevelt 11 is a freestanding office building of approximately 5,028 square feet, available for sale or lease, located in Downtown Phoenix, near the ASU Downtown Phoenix Campus, Valley Metro Light Rail, Roosevelt District, Copper Square, sports venues, cultural arts, nightlife and restaurants. Easy access to I-10 Freeway and 7th Avenue, major thoroughfares, allowing access to Sky Harbor International Airport, Camelback Corridor, Scottsdale, Tempe and Valley freeway system. This extra clean property consists of classic block-constructed buildings originally built in 1968 and upgraded with modern finishes in 2014. Property includes 18 covered parking spaces and 14 uncovered parking spaces. Perfect for an owner/user or investor looking to capitalize on this desirable high-demand area.
More Information MLS# 5104790
Contract Info
Ownership: Fee Simple
Current Price: $372,000
Sold Price: $372,000
Status: Closed
List Date: 2014-04-23
Location, Tax & Legal
Assessor's Map #: 22
Legal Description (Abbrev): STORY ADDITION PLAT A
Assessor's Parcel #: 31
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 112900
Taxes: 5237.04
Legal: Lots 11 and 12, Block 2, F. Q. Story Addition Plat ''A'', Book 9 of Maps, Page 13, Maricopa County, Arizona.
Marketing Name: Roosevelt 11 Office Space
Map Code/Grid: Q34
House Number: 1018
Compass: W
Street Name: ROOSEVELT
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2107
County Code: Maricopa
Subdivision: F. Q. Story Addition Plat 'A'
Assessor Number: 111-22-031
Tax Year: 2013
General Property Description
Type of Property: Freestanding Office Building
Ttl Apx SqFt Bldg: 5029
# of Buildings: 1
Uncvrd Parking Spcs: 14
Year Built: 1968
Zoning: R-5, PHOENIX
Legal Info
Range: 3E
Section: 6
Township: 1N
Lot Number: 11
Construction
Block: 1
Brick: 1
Roofing
Composition: 1
Foam: 1
Floors
Concrete: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 425000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Cooling
Central Air: 1
Interior Features
Unfinished: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Sprinkler System-Ground: 1
Landscaping: 1
Source of Fincl Data
Owner: 1
Fencing
Block: 1
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Interest Only: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 7th Avenue / Roosevelt Street
Directions: From 7th Avenue / Roosevelt Street, head west to property at northeast corner of 11th Avenue / Roosevelt Street.
Geo Lat: 33.458955
Geo Lon: -112.086792
Status Change Info
Off Market Date: 2014-05-27
Under Contract Date: 2014-04-29
Close of Escrow Date: 2014-06-13
Sold Price: $372,000
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Block; Brick
Roofing: Composition; Foam
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central Air
Loading Facilities: None
Interior Features: Unfinished
Exterior: Corner Lot; Sprinkler System-Ground; Landscaping
Fencing: Block; Partial
Parking Features: Free; Private; Paved
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only; 1031 Exchange
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Interest Only
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: None
Listing Office:
Vestis Group
Last Updated: March - 18 - 2026
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