394 N 3RD AVE Phoenix AZ 85003-1521

SVN is proud to present to the market for sale this 0.43 AC property in the heart of Downtown Phoenix on the hard corner of 3rd Ave.​ and Fillmore St.​ The property includes an existing 3,433 SF office building which includes a highly functional office layout featuring mostly private offices, a large conference room, a kitchen, and two restrooms.​ The property features twelve parking spaces and potential for more on the southern portion of the lot in a submarket in which dedicated parking is an absolute premium.​ The property is zoned DTC-VANB entitling the property for a wide range of potential uses including multi family redevelopment, retail, mixed use, office, among many others.​

Nestled in the heart of downtown Phoenix, this property sits amid a vibrant mix of historic charm and modern amenities.​ Walkability is a standout feature, with a wide array of dining, entertainment, and cultural options just steps away.​ The neighborhood is energized by ongoing development, including Class A office space and urban housing, drawing a steady stream of professionals, residents, and visitors.​ Notably, the area is home to several educational campuses including Arizona State University's downtown campus among others, enriching daytime foot traffic, providing a steady workforce pipeline, and enhancing the district’s dynamic, knowledge-driven identity.​ Strategically positioned with easy access to the I-10 Freeway, this property benefits from Phoenix’s expanding economic landscape and resilient demand.​

• ​Rare Downtown Phoenix hard corner owner user or redevelopment opportunity.
• ​Flexible zoning allowing for an abundance of uses including apartment, office, retail, etc.
• ​Existing structure includes a highly functional office layout with mostly private offices.
• ​Twelve dedicated parking spaces and potential for additional parking on neighboring lot.
• ​Tremendous walkability in an area surrounded by countless amenities
• ​Numerous Class A developments in immediate area
• ​Convenient access to I-10 Freeway

The subject property is ideally located at the hard corner of 3rd Ave. and Fillmore St. in the heart of Downtown Phoenix. The immediate area is experiencing major redevelopment with a number of new mixed use apartment and retail complexes planned and currently under construction. The I-10 Freeway is in close proximity and multiple Metro Light Rail stations, award winning restaurants are within walking distance. Additionally, Downtown Phoenix is home to universities such as ASU, U of A, the NAU Biomedical Campus, and the Thunderbird International School of Management.

• Owner occupant opportunity for sale/lease
• Built out for general office use
• 12 covered parking spaces on site
• Prime DT Phx location | Walking dist. to Light Rail and amenities
• Major redevelopment in the immediate area
• Easy Access to I-10 Freeway