Armory | 1614 W Roosevelt St
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Armory 1614 W Roosevelt St
34,732 SF Flex Building Phoenix, AZ 85007 $4,615,000 ($133/SF)
Investment Highlights
- Strategic Location Situated at 1614 W Roosevelt St
- Extensive Parking Facilities
- Expansive Land Area Spanning 1.99 acres
- Versatile spaces offering a blend of creative office spaces and functions warehouse areas
Executive Summary
Prime mixed-use creative office & warehouse and restaurant. The Armory is located at 1614 W Roosevelt St, Phoenix, AZ, and stands as a unique and versatile commercial real estate investment that seamlessly blends historic charm with modern functionality.
Originally constructed for the National Guard, this building was sold to a visionary private developer in 2012 and meticulously transformed into a dynamic multitenant mixed-use space. Today, it stands as a premier destination for businesses seeking a functional and creative environment close to downtown Phoenix.
Adjacent ±1.73 acres of land also potentially available for sale
Expansive Land Area: Spanning 1.99 acres, the property provides ample space for diverse business operations, enhanced by a gated yard that ensures security and privacy.
Abundant Parking: With extensive parking facilities, tenants and visitors can enjoy convenience and ease of access, a rare feature in downtown-adjacent properties.
Versatile Spaces: The building offers a blend of creative office spaces and functional warehouse areas, catering to a wide range of business needs from innovative startups to established enterprises. Each unit comes equipped with its own private HVAC system and control, polished concrete floors, and LED lighting. The Armory also has a shared conference room, break room, and 3 shared restrooms.
Historic Appeal with Modern Amenities: The property’s storied past as a National Guard facility adds a unique historical dimension, while its recent renovations ensure contemporary comfort and efficiency.
Historically Registered: The historic register recognizes buildings, structures, sites, objects, and districts significant in local, regional, state, or national history, architecture, archaeology, engineering, and culture. Properties are listed on the register by being rezoned with a Historic Preservation (HP) zoning overlay. Once listed, properties are protected from demolition and other adverse alterations through a special development review process. These historically registered properties are also eligible to receive city incentives to assist with rehabilitation.
Zoned PUD: The Planned Unit Development (PUD) zoning allows for a versatile mix of office, industrial, and entertainment uses, making it ideal for a wide range of business activities.
Originally constructed for the National Guard, this building was sold to a visionary private developer in 2012 and meticulously transformed into a dynamic multitenant mixed-use space. Today, it stands as a premier destination for businesses seeking a functional and creative environment close to downtown Phoenix.
Adjacent ±1.73 acres of land also potentially available for sale
Expansive Land Area: Spanning 1.99 acres, the property provides ample space for diverse business operations, enhanced by a gated yard that ensures security and privacy.
Abundant Parking: With extensive parking facilities, tenants and visitors can enjoy convenience and ease of access, a rare feature in downtown-adjacent properties.
Versatile Spaces: The building offers a blend of creative office spaces and functional warehouse areas, catering to a wide range of business needs from innovative startups to established enterprises. Each unit comes equipped with its own private HVAC system and control, polished concrete floors, and LED lighting. The Armory also has a shared conference room, break room, and 3 shared restrooms.
Historic Appeal with Modern Amenities: The property’s storied past as a National Guard facility adds a unique historical dimension, while its recent renovations ensure contemporary comfort and efficiency.
Historically Registered: The historic register recognizes buildings, structures, sites, objects, and districts significant in local, regional, state, or national history, architecture, archaeology, engineering, and culture. Properties are listed on the register by being rezoned with a Historic Preservation (HP) zoning overlay. Once listed, properties are protected from demolition and other adverse alterations through a special development review process. These historically registered properties are also eligible to receive city incentives to assist with rehabilitation.
Zoned PUD: The Planned Unit Development (PUD) zoning allows for a versatile mix of office, industrial, and entertainment uses, making it ideal for a wide range of business activities.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $4,615,000 | Rentable Building Area | 34,732 SF |
Price Per SF | $133 | No. Stories | 2 |
Sale Type | Investment | Year Built/Renovated | 1958/2014 |
Property Type | Flex | Parking Ratio | 3.46/1,000 SF |
Property Subtype | Light Manufacturing | Clear Ceiling Height | 18’ |
Building Class | C | No. Drive In / Grade-Level Doors | 1 |
Lot Size | 3.77 AC |
Price | $4,615,000 |
Price Per SF | $133 |
Sale Type | Investment |
Property Type | Flex |
Property Subtype | Light Manufacturing |
Building Class | C |
Lot Size | 3.77 AC |
Rentable Building Area | 34,732 SF |
No. Stories | 2 |
Year Built/Renovated | 1958/2014 |
Parking Ratio | 3.46/1,000 SF |
Clear Ceiling Height | 18’ |
No. Drive In / Grade-Level Doors | 1 |
Amenities
- Fenced Lot
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
$585 per month.
Restaurant with hood and grease interceptor.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste 102 | 202 SF | Office | Full Build-Out | Now |
1st Fl-Ste 105 | 251 SF | Office | Spec Suite | Now |
1st Fl-Ste 119 | 2,624 SF | Restaurant | Full Build-Out | Now |
2nd Fl-Ste 208 | 671 SF | Office | - | Now |
1st Fl-Ste 102
Size |
202 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste 105
Size |
251 SF |
Space Use |
Office |
Condition |
Spec Suite |
Available |
Now |
1st Fl-Ste 119
Size |
2,624 SF |
Space Use |
Restaurant |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 208
Size |
671 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
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1st Fl-Ste 102
Size | 202 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
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1st Fl-Ste 105
Size | 251 SF |
Space Use | Office |
Condition | Spec Suite |
Available | Now |
$585 per month.
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1st Fl-Ste 119
Size | 2,624 SF |
Space Use | Restaurant |
Condition | Full Build-Out |
Available | Now |
Restaurant with hood and grease interceptor.
1 of 1
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3D TOUR
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STREET VIEW
STREET
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2nd Fl-Ste 208
Size | 671 SF |
Space Use | Office |
Condition | - |
Available | Now |
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
Parcel Number | 111-16-065B | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $398,545 |
PROPERTY TAXES
Parcel Number
111-16-065B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$398,545
zoning
Zoning Code | PUD (zoning allows industrial, warehouse, office uses.) |
PUD (zoning allows industrial, warehouse, office uses.) |
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Armory | 1614 W Roosevelt St
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