1541 E THOMAS Road, Phoenix, AZ 85014

$1,400,000
Property Type: Comm/Industry Sale Square Footage: 11,664 Lot Size (sq. ft.): 41,029 Status: Closed
Current Price: $1,400,000 List Date: 10/21/2022 Last Modified: 3/18/2026

Overview

Description

16Thomas At Midtown is a central Phoenix redevelopment that includes a fully remodeled existing retail/office/flex space with controlled access and additional land with retail PAD upside (C-2 PAD Drive Thru Retail With City Of Phoenix CUP Approval), located in Midtown Phoenix, approximately 0.6 miles west of Arizona State Route 51 (Piestewa Freeway) and approximately 1.2 miles north of Interstate 10, west of 16th Street, along Thomas Road, allowing easy access to Downtown Phoenix, the Central Office Corridor, Camelback Corridor and Phoenix Sky Harbor International Airport and numerous employers. The total land area includes approximately 41,029 SF or 0.94 Acres, and the total existing building square footage includes approximately 11,664 square feet.

Listing Details MLS# 6480206

Location, Tax & Legal

Map Code/Grid
P34
House Number
1541
Compass
E
Street Name
THOMAS
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85014
Zip4
5732
Country
US
County Code
Maricopa
Subdivision
HINTON PARK
Assessor Number
117-20-006
Tax Year
2019
Assessor's Map #
20
Legal Description (Abbrev)
LOT 6 HINTON PARK MCR 003211
Assessor's Parcel #
6
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
111700
Taxes
19500
Legal
LOT 6 HINTON PARK MCR 003211
Marketing Name
16Thomas

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
11664
Ttl Apx Net Rnt Spc
10545
# of Buildings
2
Year Built
1957
Uncvrd Parking Spcs
38
Zoning
C-2, Phoenix

Remarks Misc

Cross Street
16th Street & Thomas Road
Directions
From 16th Street and Thomas, head west on Thomas to subject property. From 16th Street and Thomas, head south to Edgemont, turn right (west), property on north side.

Status Change Info

Off Market Date
2023-04-11
Under Contract Date
2023-04-06
Close of Escrow Date
2023-05-01

Legal Info

Township
2N
Range
3E
Section
33
Lot Number
6

More Information

Contact Info

List Agent Cell Phn2
602-799-7483

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Block
Yes

Roofing

Foam
Yes

Floors

Concrete
Yes

Income & Expenses

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

Building Type

Commercial
Yes

Business Type

Professional/Office
Yes
Retail
Yes

Stories

2 Stories
Yes

Pmt & Rate Info

Equity
1700000
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

2 or More Units
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Alarm System
Yes
Private Restrooms
Yes

Loading Facilities

Grade Level
Yes

Exterior

Corner Lot
Yes
Pole Sign
Yes
Monument Sign
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

50,001 to 75,000
Yes

Fencing

Block
Yes
Other
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Fenced
Yes
Private
Yes
Paved
Yes

Electric

220 Volts
Yes

Gas

SW Gas
Yes

New Financing

1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial Business Type: Professional/Office; Retail Stories: 2 Stories Construction: Block Roofing: Foam Floors: Concrete Ceiling Height: 8.1 Feet to 10 Feet Heating: 2 or More Units Cooling: Central Air Loading Facilities: Grade Level Interior Features: Finished; Alarm System; Private Restrooms Exterior: Corner Lot; Pole Sign; Monument Sign Fencing: Block; Other Parking Features: Fenced; Private; Paved Electric: 220 Volts Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected New Financing: 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Traffic Count: 50,001 to 75,000 Environmental: None
IDX
Listing Office: Vestis Group
Last Updated: March - 18 - 2026
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