● For sale

$1,800,000

114 W ADAMS Street C103, Phoenix, AZ 85003

ORPHEUM LOFTS COMMERCIAL UNIT AMD · Maricopa County

9,445 sqft 0.08 acres Built 1990 $191 /sqft No HOA
103 days on market

Description

Downtown Phoenix Restaurant for Sale. An exceptional opportunity to lease a beautifully designed built-out restaurant in the heart of Downtown Phoenix in the Alfred Hitchcock Famous Orpheum Lofts Art Deco Style High-Rise Building. This turnkey space is designed to impress with a modern layout, stylish finishes, and extensive kitchen infrastructure -- ideal for an operator looking to launch quickly. Highlights: Prime downtown location with strong visibility and foot traffic. Spacious dining area and bar setup. Historic building with character and modern upgrades. Fully equipped kitchen and storage, ready for immediate operation. With its location, infrastructure, and complete build-out, this space is an outstanding opportunity for your next restaurant or hospitality venture. Possible Included Equipment on Separate bill of Sale: (2) Southwest 6-burner ranges with convection oven. Wood-fired grille. Volcan electric oven. Range with flat top and standard oven. Fryer. Reach-in freezer. 3-door bar fridge. Under-counter freezer. Walk-in cooler. Walk-in wine cellar. Wine fridge. Reach-in refrigerator. Fun Popular culture Fact - The opening sequence of the 1960 Alfred Hitchcock film Psycho was filmed from the roof of this building. Contact broker for details and private tours.

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Heating and Cooling

  • Cooling Features: Chiller System
  • Heating Features: Electric
Exterior

Land Info

  • Lot Size Acres: 0.08
  • Lot Size Square Feet: 3,268

Garage and Parking

  • Attached Garage: No
  • Parking Features: Other
Community

Neighborhood

  • Subdivision: ORPHEUM LOFTS COMMERCIAL UNIT AMD
Listing

Other Property Info

  • Annual Tax Amount: $8,511
  • Source Listing Status: Active
  • County: Maricopa
  • Directions: The Orpheum Lofts building is on the SW corner of 1st Avenue and Adams. Suite has premium frontage on 1st Avenue.
  • Parcel Number: 112-21-585
  • Zoning: C-DT / COMMERCI
  • Postal City: Phoenix
  • Listing Date: 2/18/2026
  • On Market Date: 2/18/2026
  • MLS#: 6986244
Features

Building and Construction

  • Total Square Feet Living: 9,445
  • Year Built: 1990
  • Property Age: 36
  • Construction Materials: Brick
  • Roof: Other

Utilities

  • Sewer: Sewer-In & Connected
  • Water Source: Submetered System, Individual Meter, Other, See Remarks

Contact Us

Contact Us

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Listed by Jeremy Solem& Eric Lambert Versatile Properties

Listing updated: February 18, 2026

MLS#: 6986244

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.

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