116 Mcdowell Rd Phoenix, AZ 85003-1254
- Office buildings
- 2,885 SF
- 0.22 lot acres
Aug 05, 2025
Current Use by Public Records
- Casual Astronaut / Marketing Agency
- Cereal Killer / Art Gallery
- Max & Lucy / Graphic Designer
Property Details for 116 Mcdowell Rd
- Year built
- 2007
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 2,885 SF
- Zone code
- DTC-MCD-1
- Property type
- Office buildings
- APN
- 118-56-126
- APU
- 11856126
Description
This exceptional three-story office building, totaling 6,883 square feet, is situated on a 0.22-acre lot in the heart of Downtown Phoenix at 116 W McDowell Rd, zip code 85003. Built in 2007 and extensively renovated in 2023, the property offers a blend of creative, executive, and traditional office spaces, making it highly versatile. Its central location provides easy access to Roosevelt Row, the Metro Light Rail, Footprint Center, Chase Field, ASU and U of A Downtown campuses, and numerous restaurants and shops. The I-10 Freeway and Sky Harbor International Airport are also within easy reach. The property's prime location benefits from the ongoing revitalization of Downtown Phoenix, with significant mixed-use development underway. This presents a unique opportunity for owner-occupancy or investment, given the current vacancy and the high demand for urban office space in this thriving area. The building features modern finishes and a desirable layout. The Maricopa County Assessor's Parcel Number (APN) is 118-56-126. The asking price is $1,975,000, translating to $286.94 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.077
- Latitude
- 33.4661
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
