2533 N 16TH Street, Phoenix, AZ 85006 (MLS# 6976713)

2533 N 16TH Street, Phoenix, AZ 85006

New Listing

$3,200,000

Property Type: Comm/Industry Sale Square Footage: 7,933 Lot Size (sq. ft.): 14,831 Status: Active

Current Price: $3,200,000 List Date: 1/30/2026 Last Modified: 1/30/2026

Description

Incredible investment opportunity! Nestled on a premium corner lot, this versatile commercial building enjoys excellent visibility w/tons of parking space, making it perfect for your next business venture! Currently used as a restaurant & event center, the spacious interior makes it ideal for just about anything, whether it's retail, entertainment, or even simple storage. PLUS! The adjacent vacant lot is being sold together, so you'll have plenty of space for expanding if needed! What are you waiting for? Don't let this amazing opportunity slip by!

More Information MLS# 6976713

Contract Info

Ownership: Fee Simple Current Price: $3,200,000 List Price: $3,200,000 Status: Active List Date: 2026-01-29

Location, Tax & Legal

Assessor's Map #: 5 Legal Description (Abbrev): GREENFIELD AC PT LOT 13 W 197' OF N2 EX W 2.5' Assessor's Parcel #: 23 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 111602 Taxes: 6343 Legal: GREENFIELD AC PT LOT 13 W 197' OF N2 EX W 2.5' House Number: 2533 Compass: N Street Name: 16TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 1402 County Code: Maricopa Subdivision: GREENFIELD ACRES LOTS 1-8 Assessor Number: 117-05-023 Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 7933 # of Buildings: 1 Uncvrd Parking Spcs: 15 Stories: 1 # of Interior Levels: 1 Lot Size Dimensions: 76x194 Year Built: 1973 Zoning: C-2

Currently Not Used

Sold Price Per SqFt: 403.38

Legal Info

Range: 3E Section: 34 Township: 2N Lot Number: 13

Construction

Block: 1 Stucco: 1 Wood Frame: 1

Roofing

Rolled: 1

Floors

Concrete: 1 Ceramic Tile: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1

Business Type

Mixed: 1 Restaurant: 1

Pmt & Rate Info

Equity: 3200000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Other: 1

Ceiling Height

16.1 Feet to 28 Feet: 1

Heating

None: 1

Cooling

Central Air: 1 Warehouse Evap: 1

Interior Features

Finished to Suit: 1 Smoke Detector(s): 1 Security System: 1 Security Camera(s): 1 Private Restrooms: 1

Loading Facilities

Grade Level: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Exterior

Dual Street Ftg: 1

Source of Fincl Data

Owner: 1

Road Responsibility

City Maintained Road: 1

Traffic Count

35,001 to 50,000: 1

Fencing

None: 1

Water Source

City Franchise: 1

Building Features

Kitchen: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Features

Free: 1 Paved: 1

Electric

APS: 1 Master Meter: 1 220 Volts: 1 440 Volts: 1 3 Phase Power: 1

Gas

None: 1

New Financing

Cash Only: 1 1031 Exchange: 1 Lease: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Remarks Misc

Cross Street: McDowell Rd & 12th St Directions: Head toward 13th St, Turn left onto 16th St. Property will be on the right. Geo Lat: 33.475533 Geo Lon: -112.047216

Property Features

Building Type: Commercial Business Type: Mixed; Restaurant Construction: Block; Stucco; Wood Frame Roofing: Rolled Floors: Concrete; Ceramic Tile Ceiling Height: 16.1 Feet to 28 Feet Heating: None Cooling: Central Air; Warehouse Evap Loading Facilities: Grade Level Interior Features: Finished to Suit; Smoke Detector(s); Security System; Security Camera(s); Private Restrooms Exterior: Dual Street Ftg Fencing: None Building Features: Kitchen Parking Features: Free; Paved Road Access Type: City Street Road Responsibility: City Maintained Road Electric: APS; Master Meter; 220 Volts; 440 Volts; 3 Phase Power Gas: None Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only; 1031 Exchange; Lease Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Other Source of Fincl Data: Owner Road Surface Type: Asphalt Traffic Count: 35,001 to 50,000 Environmental: None

Listing Office: eXp Realty

Last Updated: January - 30 - 2026