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$3,500,000

  • For Sale
  • Active
  • Commercial
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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!

Full Property Details for 2533 N 16th St

General

  • Price: $3,500,000
  • Taxes: $6,343 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6976713
  • Updated: 2/9/2026
  • Added to Site: 25 day(s) ago

Business

  • Business Type: Mixed, Restaurant

Rental Information

  • Complex Features: Kitchen

Interior

  • Flooring: Ceramic Tile, Concrete

Additional Information

  • Security/Safety: Security Camera(s), Security System, Smoke Detector(s)

Parking

  • Parking Features: Paved, Free

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: GREENFIELD ACRES LOTS 1-8
  • Cross Streets: McDowell Rd & 12th St

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Warehouse Evap
  • Heating Type: None

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial
  • Exterior Const.: Wood Frame, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Year Built: 1973

Lot Features

  • Lot Size (Acres): 0.86
  • Lot Size (Sq. Ft.): 37,471
  • Lot Dimensions: 76 x 194
  • Frontage: Asphalt
  • Zoning: C-2

Financial Considerations

  • Tax Amount: $6,343
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: GREENFIELD AC PT LOT 13 W 197' OF N2 EX W 2.5'
  • Property ID: 117-05-023
  • Range: 3E
  • Section: 34
  • Lot Number: 13

Listed by eXp Realty

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Listing agents

— 2533 N 16th St —

  • eXp Realty

  • eXp Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2533 N 16th St

School Districts:Creighton Elementary District, Phoenix Union High School District
NameGradesDistance
William T Machan Elementary School
2140 East Virginia Avenue, Phoenix, AZ 85006
K-80.7 mi
North High School
1101 East Thomas Road, Phoenix, AZ 85014
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2533 N 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Price Increased
$3,500,000
9.38%
MLS
1/29/2026
Listed
$3,200,000
212.2%
MLS
1/27/2021
Sold
$1,025,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2533 N 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,343
1%
$167,111
4%
2024
$6,296
-2%
$160,923
-5%
2023
$6,412
1%
$170,266
21%
2022
$6,341
—
$141,083
14%
2022
$6,341
-5%
$123,876
67%
2021
$6,681
2%
$74,070
-6%
2020
$6,519
1%
$79,128
20%
2019
$6,473
2%
$66,186
2%
2018
$6,340
4%
$64,944
18%
2017
$6,095
4%
$55,044
17%
2016
$5,859
5%
$46,890
20%
2015
$5,602
20%
$39,091
20%
2014
$4,665
-18%
$32,604
-19%
2013
$5,702
—
$40,170
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2533 N 16th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by eXp Realty

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2533 N 16th Street, Phoenix, AZ 85006 (MLS# 6976713) is a Commercial property. 2533 N 16th Street is currently listed for $3,500,000 and was received on January 30, 2026. Want to learn more about 2533 N 16th 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.

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