1614 Roosevelt St Phoenix, AZ 85007
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Historic Armory: Multi-Tenant Investment
Property size:
29,212 SFProperty Features for 1614 Roosevelt St
General Information
- Property type
- Office properties & Spaces
- Square Feet
- 29,212 SF
- Class
- B
- Lot Size
- 75,359 SF
Building Details
- Year Built/Renovated
- 1958/2015
Listing Agent: Brandon Koplin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Phoenix investment opportunity presents a meticulously renovated, 29,212 square foot, multi-tenant executive office building situated on approximately 1.73 to 1.99 acres. Originally constructed in 1958 and extensively renovated in 2015, this Class B property boasts a 6.80% cap rate and an asking price of $4,615,000. The property features abundant parking (2.42 spaces per 1,000 sq ft), a gated yard, and a versatile layout including creative office spaces and functional warehouse areas. Each unit offers private HVAC, polished concrete floors, and LED lighting. Shared amenities include a conference room, break room, and restrooms. The property benefits from its Planned Unit Development (PUD) zoning, allowing for a diverse range of uses. Its historic designation adds unique character and potential eligibility for city incentives. This prime location in Phoenix, AZ (85007), near downtown, offers exceptional accessibility and a blend of historic charm and modern functionality. The property's APN is 111-16-065A.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
My Rental Superstore
Property Management Company
Sapphyr 360
Marketing & Advertising
The Armory
Coworking & Hybrid Office
Karianne Munstedt Portrait
Photography Service
Spectacle
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.09402532
- Latitude
- 33.45864594
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FAQs
What type of property is this?
Office property - Historic Armory: Multi-Tenant Investment
Where is this office property located?
The property is located at 1614 Roosevelt St Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,615,000.
What are key features of this property?
This property features: 1.99-acre lot with gated yard providing ample space and security.; Abundant parking (2.42 spaces per 1,000 sq ft), a rare amenity in this downtown-adjacent location.; Versatile 29,212 sq ft building featuring creative office spaces and warehouse areas; each unit includes private HVAC, polished concrete floors, and LED lighting; shared amenities include a conference room, break room, and restrooms.
