$3,200,000
2533 N 16TH Street
Phoenix, AZ 85006
MLS# 6976713
Status: Closed
7933 sqft
02 - 16th
  1 / 54  
02 - 16th 06 - 16th 03 - 16th 01 - 16th 04 - 16th 05 - 16th 07 - 16th 08 - 16th 09 - 16th 10 - 16th 11 - 16th 12 - 16th 13 - 16th 14 - 16th 15 - 16th 16 - 16th 17 - 16th 18 - 16th 19 - 16th 20 - 16th 21 - 16th 22 - 16th 23 - 16th 24 - 16th 25 - 16th 26 - 16th 27 - 16th 28 - 16th 29 - 16th 30 - 16th 31 - 16th 32 - 16th 33 - 16th 34 - 16th 35 - 16th 36 - 16th 37 - 16th 38 - 16th 39 - 16th 40 - 16th 41 - 16th 42 - 16th 43 - 16th 44 - 16th 45 - 16th 46 - 16th 47 - 16th 48 - 16th 49 - 16th 50 - 16th 51 - 16th 52 - 16th 53 - 16th 54 - 16th

Property 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!

Details
Contract Info
Current Price: $3,200,000
Sold Price: $3,200,000
Status: Closed
List Date: 2026-01-29
Ownership: Fee Simple
Location, Tax & Legal
House Number: 2533
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1402
Country: US
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
Stories: 1
# of Interior Levels: 1
Lot Size Dimensions: 76x194
Year Built: 1973
Uncvrd Parking Spcs: 15
Zoning: C-2
Legal Info
Township: 2N
Range: 3E
Section: 34
Lot Number: 13
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Seller Assist - A
Buyer Concession $/%: %
Seller Concession to Buyer: 8500
Seller Concession $/%: $
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
Status Change Info
Off Market Date: 2026-08-25
Under Contract Date: 2026-04-01
Close of Escrow Date: 2026-08-28
Sold Price: $3,200,000
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
IDX
Listing Office: eXp Realty

Office Phone: 602-448-1945

Office Email: [email protected]

Last Updated: August - 29 - 2026

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