MLS# 6828239 – 512 W Adams Street, Phoenix, AZ 85003

Price: $2,650,000
Lot Size Acres: 0.16
Lot Size SqFt: 6,909
Status: Active
Year Built: 1958
Days on Website: 547

Courtesy of ES Realty

Property 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.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Building
  • Built in 1958
  • Living area: 26730.0
  • 3 buildings
  • Construction Materials: Stucco, Block
  • Disclosures
  • None
  • Expenses
  • Operating: $7,618
  • Fence
  • None
  • Floors
  • Concrete
  • Listing
  • Listing ID: 6828239
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2026-05-27
  • 436 days on market
  • Location
  • Subdivision: PHOENIX 1 THROUGH 4 & 11 THROUGH 18
  • County/Parish: Maricopa
  • Lot
  • 0.16 acres
  • Parking
  • Parking Lot
  • Roof
  • Built-Up
  • Sewer
  • Public Sewer
  • Taxes
  • Parcel Number: 112-20-053
  • Public Survey Range: 3E
  • Public Survey Section: 8
  • Annual Amount: $7,618
  • Tax Book Number: 112.00
  • Legal Description: PHOENIX
  • Lot: 4
  • Map Number: 20.00
  • Year: 2024
  • Zoning: DTC-VanB
  • Utilities
  • Water Source: City Franchise
  • Other (See Remarks)

Property Map

$2,650,000 – 512 W Adams Street, Phoenix, AZ 85003

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This content last updated on September 5, 2026 2:31AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.