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$2,650,000
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Property Description
APN: 111-35-085, 111-35-086, 111-35-100, 111-35-098 Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,540 square feet of office improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125 dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors.
Full Property Details
Full Property Details for 1405 N 1st St
General
- Price: $2,650,000
- Taxes: $15,535 (2025)
- Status: Active
- Type: Commercial
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7045453
- Updated: 10/2/2026
- Added to Site: 108 day(s) ago
Business
- Business Type: Mixed, See Remarks
Rental Information
- Complex Features: Other (See Remarks)
Interior
- Flooring: Other
Parking
- Parking Features: Parking Lot, See Remarks, Parking Structure, Enclosed
Location
- County: Maricopa
- Township: 1N
- Subdivision: CENTRAL PLACE SUB OF BLK 17
- Cross Streets: 1st Street & McDowell Road
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Water: See Remarks
Structural Information
- # Buildings: 1
- Structure Type: Other (See Remarks), Office
- Exterior Const.: See Remarks, Tilt-Up
- Roof: See Remarks
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.64
- Lot Size (Sq. Ft.): 27,878
- Zoning: DTC-TWNPK
Financial Considerations
- Tax Amount: $15,535
- Tax Year: 2025
Disclosures and Reports
- Legal Description: CENTRAL PL SUB BLK 17
- Property ID: 111-35-085
- Range: 3E
- Section: 5
- Lot Number: 4
Listed by R.O.I. Properties
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Schools
Schools serving 1405 N 1st St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Ralph Waldo Emerson Elementary School 915 East Palm Lane, Phoenix, AZ 85006 | K-8 | 0.7 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1405 N 1st St
Date
Details
Price
Change
Source
10/02/2026
Price Reduced
$2,650,000
-20.42%
MLS
6/23/2026
Listed
$3,330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1405 N 1st St
1405 N 1st Street, Phoenix, AZ 85004 (MLS# 7045453) is a Commercial property. 1405 N 1st Street is currently listed for $2,650,000 and was received on June 23, 2026. Want to learn more about 1405 N 1st Street? Do you have questions about finding other Commercial real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

