2310 N 16TH Street, Phoenix, AZ 85006 (MLS# 7054768)

2310 N 16TH Street, Phoenix, AZ 85006

New Listing
$2,500,000
Property Type: Comm/Industry Sale Square Footage: 12,027 Lot Size (sq. ft.): 26,954 Status: Active
Current Price: $2,500,000 List Date: 7/16/2026 Last Modified: 7/16/2026

Overview

Description

Tucked into Midtown Phoenix near the historic Coronado District, 2310 N 16th St gives an owner-user a large, centrally located retail building on a site with dedicated parking that most retail in the corridor does not have. The larger space, at 10,527 SF, is a general-purpose retail space delivered vacant at close, ready for an owner to occupy. The smaller 1,500 SF space operates as a bar and lounge that has anchored this stretch of 16th Street since 1976 and generates approximately $36,000 in annual income. The site spans 0.619 acres with 30 surface parking spaces. The property is zoned C-2/R-4, with the majority under the C-2 commercial designation. The result is a unique opportunity for an owner-user to occupy the bulk of the building while the smaller unit contributes income that help

Listing Details MLS# 7054768

Location, Tax & Legal

House Number
2310
Compass
N
Street Name
16TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
1826
Country
US
County Code
Maricopa
Subdivision
SUSAN PLACE
Assessor Number
117-19-132-B
Tax Year
2025
Assessor's Map #
19
Legal Description (Abbrev)
LOT 6 SUSAN PLACE MCR 004309
Assessor's Parcel #
132
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111700
Taxes
15398
Legal
LOT 6 SUSAN PLACE MCR 004309

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
12027
Ttl Apx Net Rnt Spc
10027
# of Buildings
2
Year Built
1970
Uncvrd Parking Spcs
23
Zoning
C2

Remarks Misc

Cross Street
16th St & Oak St
Directions
Head S on AZ-51 S. Take the exit on Thomas and turn right. Turn left onto N 16th St. Turn right onto E Oak St. Destination will be on the right.

Legal Info

Township
2N
Range
3E
Section
33
Lot Number
6

Income Expenses

Net Operating Income
36000

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Email
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
480.273.0212
List Agent Hme Phn 2
480.273.0212

Currently Not Used

Sold Price Per SqFt
207.87

Construction

Tilt-Up
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

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

Building Type

Commercial
Yes
Distribution/Warehouse
Yes
Other (See Remarks)
Yes

Business Type

Warehouse
Yes
Bar/Tavern/Lounge
Yes

Pmt & Rate Info

Cap Rate
1.44
Equity
2500000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

14.1 Feet to 16 Feet
Yes

Heating

Ceiling
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes

Loading Facilities

Other (See Remarks)
Yes

Exterior

Corner Lot
Yes
Building Sign
Yes
Monument Sign
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes
Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Distribution/Warehouse; Other (See Remarks) Business Type: Warehouse; Bar/Tavern/Lounge Construction: Tilt-Up Roofing: Other Floors: Other Ceiling Height: 14.1 Feet to 16 Feet Heating: Ceiling Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Finished Exterior: Corner Lot; Building Sign; Monument Sign Fencing: None Parking Features: Free; Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear; Other (See Remarks) Environmental: None
Listing Office: R.O.I. Properties
IDX
Last Updated: July - 16 - 2026
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