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    Downtown Phoenix, AZ Commercial Real Estate for Sale

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    Renovated Three-Level Office Building
    Updated: Aug 15
    Renovated Three-Level Office Building

    2727 N. 3rd St., Phoenix, AZ 85004

    $3,700,000
    12,502 sqft
    12,502 SF office building across three levels
    Two renovated office levels and a below‑grade parking garage
    2018 renovation included a new roof, multiple AC unit replacements, and interior upgrades
    Owner‑user occupancy options from 1,583 SF to 8,247 SF
    29 Total Parking Spaces plus 18 stalls along 3rd St.
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    This listing looks promising.

    Here's a quick look at some key insights for

    2727 N. 3rd St., Phoenix, AZ 85004

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $214K
      Annual

    • Mortgage

      $1.53M
      Dec 2022

    • Last Sold

      Dec 2022
      $3.05M

    • Property Type

      Office Building
      Built 1985
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    C1 Zoned Development Land
    Updated: Jul 3
    C1 Zoned Development Land

    375 E Alvarado Road, Phoenix, AZ 85004

    $520,000
    0.36 AC lot
    15,666 SF (0.36‑acre) central Phoenix infill parcel in an established neighborhood
    C‑1 zoned lot with flexibility for commercial or residential‑style development (subject to City of Phoenix approvals)
    Level, rectangular lot configuration for easier site planning
    Public sewer available
    Prior public‑record improvement listed at 2,483 SF
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    Downtown Commercial Lot
    Downtown Commercial Lot

    101 E BUCKEYE Road S, Phoenix, AZ 85004

    $425,000
    0.17 AC lot

    Commercial lot zoned Downtown Commercial 2, offering reduced setbacks and lower parking requirements near light rail.

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    C-2 Commercial Land
    C-2 Commercial Land

    1700 S 1ST Street, Phoenix, AZ 85004

    $210,000
    0.13 AC lot

    Two-lot commercial land parcel with adjacent utilities and public sewer service.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Infill Office Redevelopment Site
    Infill Office Redevelopment Site

    1405 N 1st Street, Phoenix, AZ 85004

    $3,330,000
    7,450 sqft 0.64 AC lot

    Office improvements sit on four combined parcels near Downtown Phoenix, with zoning that supports redevelopment height.

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    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    141-610 E Roosevelt St, Phoenix, AZ 85004

    $950,000
    1,750 sqft

    Street-level salon space pairs with a separate upstairs apartment in Downtown Phoenix’s Roosevelt Row Arts District.

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    Freestanding Childcare Center Facility
    Freestanding Childcare Center Facility

    115 E Tonto St, Phoenix, AZ 85004

    $2,525,000
    11,473 sqft

    Move-in ready freestanding childcare center on a corner lot with turnkey build-out and licensable kitchen for 123 children.

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    Midtown Phoenix Retail Condo
    Midtown Phoenix Retail Condo

    2323 N Central Ave # 101, Phoenix, AZ 85004

    $600,000
    1,800 sqft

    Street-level retail condo in landmark residential tower, Midtown Phoenix.

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    Midtown Phoenix High-Rise Office
    Midtown Phoenix High-Rise Office

    435-3033 N Central Ave, Phoenix, AZ 85004

    $325,000
    123,389 sqft

    Iconic high-rise office unit in Midtown Phoenix for sale.

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    High-Rise Office Condo Unit
    High-Rise Office Condo Unit

    420-3033 N Central Ave, Phoenix, AZ 85004

    $270,000
    123,389 sqft

    Office unit in Phoenix Towers high-rise with controlled access and ample tenant/visitor parking.

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    Move-In Ready Office Suite
    Move-In Ready Office Suite

    555-3033 N Central Ave, Phoenix, AZ 85004

    $490,000
    123,389 sqft

    Fifth-floor office condo offers multiple private offices, conference room, reception, and open workspace with secure storage.

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    Office Building With Private Parking
    Office Building With Private Parking

    370 East Virginia Avenue, Phoenix, AZ 85004

    Contact for pricing
    13,372 sqft

    Rebuilt in 2015, the office building offers dedicated parking and supports office or medical-office use.

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    Freestanding Two-Story Office Building
    Freestanding Two-Story Office Building

    2833 N 3rd St, Phoenix, AZ 85004

    Contact for pricing
    10,000 sqft

    Two-story freestanding office building on just under one acre, positioned south of the 3rd St and Thomas Rd intersection.

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    Flex Space with Overhead Crane
    Flex Space with Overhead Crane

    1808 S 1st Ave, Phoenix, AZ 85003

    Contact for pricing
    6,465 sqft

    Flex space with large overhead crane, 16-ft clear height, and EVAP-cooled warehouse plus AC-cooled office.

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    Downtown Phoenix Remodeled Office Building
    Downtown Phoenix Remodeled Office Building

    394 N. 3rd Ave., Phoenix, AZ 85003

    Contact for pricing
    3,433 sqft 0.20 AC lot

    3,433 SF remodeled office building in prime downtown location.

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    Historic Creative Office Building
    Historic Creative Office Building

    631 N 1st Ave, Phoenix, AZ 85003

    Contact for pricing
    13,116 sqft 0.17 AC lot

    Three-story office building with basement space on a 0.17-acre lot in Downtown Phoenix.

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    Downtown Phoenix Restaurant Opportunity
    Downtown Phoenix Restaurant Opportunity

    333 E Roosevelt St, Phoenix, AZ 85004

    Contact for pricing
    2,475 sqft

    Modern restaurant space with patio in vibrant downtown Phoenix.

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    Downtown Phoenix Ground Floor Retail
    Downtown Phoenix Ground Floor Retail

    777 N Central Ave, Phoenix, AZ 85004

    Contact for pricing
    5,290 sqft

    Ground floor retail space available in downtown Phoenix.

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    Renovated Medical/Professional Office Building
    Renovated Medical/Professional Office Building

    2601 N 3rd St |, Phoenix, AZ 85004

    Contact for pricing
    40,000 sqft

    Three-story office building near downtown Phoenix with ample parking.

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    Phoenix Warehouse with Enclosed Lot
    Phoenix Warehouse with Enclosed Lot

    112 West Maricopa Freeway, Phoenix, AZ 85003

    Contact for pricing
    4,500 sqft 0.22 AC lot

    Warehouse with enclosed lot and covered parking in Phoenix.

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    Phoenix Office Building Investment Opportunity
    Phoenix Office Building Investment Opportunity

    1 North Central Avenue, Phoenix, AZ 85004

    Contact for pricing
    436,004 sqft

    436,004 SF office building in a dynamic Phoenix location.

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    Street-Level Retail Condo
    Street-Level Retail Condo

    2323 N Central Ave, Phoenix, AZ 85004

    Contact for pricing
    1,800 sqft

    Street-level retail condo with direct North Central Avenue frontage and C-2 zoning in a mixed-use tower.

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    Class A 20-Story Office Tower
    Class A 20-Story Office Tower

    2800 N Central Ave, Phoenix, AZ 85004

    Contact for pricing
    370,736 sqft 2.57 AC lot

    Class A, 20-story office tower with an eight-level structured parking garage and existing leasing in place.

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    Charming Phoenix Office Building
    Charming Phoenix Office Building

    531 E Lynwood St, Phoenix, AZ 85004

    Contact for pricing
    2,847 sqft

    Two-story office building in Phoenix's Central Corridor submarket.

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    Downtown Phoenix, AZ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Downtown Phoenix, AZ, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 574,917,864 square feet of properties for sale, with an estimated market value of $285,114,680.

    Sale prices for business properties in Downtown Phoenix, AZ start at $100,000, averaging $1,541,160, and reaching up to $21,598,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1.46M
    Population Growth (5Y) +4.4%
    Median Household Income $76,692
    College Educated 25.3%

    High-Yield Neighborhoods for Investment

    Identify Phoenix submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    85003 $275K
    85028 $401K
    85044 $453.3K
    85023 $537.8K
    85048 $593K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Phoenix fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Phoenix, AZ

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