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

Overview

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.

Listing Details MLS# 7045453

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

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

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.

Legal Info

Township
1N
Range
3E
Section
5
Lot Number
4

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

More Information

Contact Info

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

Currently Not Used

Sold Price Per SqFt
446.98

Construction

Tilt-Up
Yes
See Remarks
Yes

Roofing

See Remarks
Yes

Floors

Other
Yes

Income & Expenses

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

Building Type

Office
Yes
Other (See Remarks)
Yes

Business Type

Mixed
Yes
See Remarks
Yes

Pmt & Rate Info

Equity
3330000
Total Owed
0

Lockbox Type

See Private Remarks
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

See Remarks
Yes

Cooling

See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Road Access Type

City Street
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

75,001 to 100,000
Yes

Fencing

See Remarks
Yes

Water Source

See Remarks
Yes

Freeway/Highway

Up to 1 Mile
Yes

Building Features

Other (See Remarks)
Yes

Sewer

See Remarks
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Fenced
Yes
Parking Structure
Yes
Parking Lot
Yes
See Remarks
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes
Other (See Remarks)
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Use Restrictions

Other (See Remarks)
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

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)
IDX
Listing Office: R.O.I. Properties
Last Updated: June - 23 - 2026
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