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● For sale

$2,650,000

512 W ADAMS Street, Phoenix, AZ 85003

PHOENIX 1 THROUGH 4 & 11 THROUGH 18 · Maricopa County

26,730 sqft 0.16 acres Built 1958 $99 /sqft No HOA

457 days on market

Description

Unique Opportunity for possible development in the heart of downtown Phoenix with special DTC (Downtown) Zoning allowing a developer to build up. This property offers approximately 26,730 square feet of versatile space, ideal for businesses seeking a distinctive and strategic location. 3 parcels are included in the sale including 112-20-052, 112-20-053, and 112-20-055. This rare opportunity shares a corner with the famous Arizona Financial theater on the corner of 5th Ave. and Adams St. this is the best deal for a downtown property and will not last long on the market.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Heating and Cooling

Cooling Features: See Remarks
Heating Features: See Remarks

Exterior

Land Info

Lot Size Acres: 0.16
Lot Size Square Feet: 6,909

Garage and Parking

Attached Garage: No
Parking Features: Parking Lot

Community

Neighborhood

Subdivision: PHOENIX 1 THROUGH 4 & 11 THROUGH 18

Listing

Other Property Info

Annual Tax Amount: $7,618
Source Listing Status: Active
County: Maricopa
Directions: east on Van Buren, south on 5th Ave and property is located on the SW Corner of Adams and 5th Ave
Parcel Number: 112-20-053
Zoning: DTC-VanB
Postal City: Phoenix
Listing Date: 2/28/2025
On Market Date: 5/27/2026
MLS#: 6828239

Features

Building and Construction

Total Square Feet Living: 26,730
Year Built: 1958
Property Age: 68
Construction Materials: Block, Stucco
Roof: Built-Up

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Edson Salas ES Realty

Listing updated: May 27, 2026

MLS#: 6828239

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.