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331 N 1st Ave
Phoenix, AZ 85003 Roosevelt Row

$14,000 USD/MO

Office Residential For Lease  •  8,000 SF

Property Details

  • Property Type Office Residential
  • Year Built 1917
  • Total Building Size 8,000 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning Downtown Business Core
90 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 100 Office 8,000 SF $21.00 USD/SF/YR
Reception, (13) Offices, Conference Room, (2) Break Rooms, Bull Pen, (4) Restrooms, 100% A/C

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Professional Services
  • Space Type: Relet

Description

This freestanding office/retail property at 331 N First Ave offers a rare opportunity to lease a distinctive building in the core of downtown Phoenix. Totaling ±8,000 square feet, the property blends historic architectural character with functional, open interiors suited for a wide range of professional and retail uses. Located in the vibrant downtown business district, the site provides exceptional visibility along North First Avenue with direct access to light rail, major bus lines, and abundant dining options just steps away.
The building is zoned DTC-BCORE, accommodating a mix of uses in an environment designed to encourage urban activation. Tenants will benefit from close proximity to key downtown destinations, including government offices, Arizona State University’s Downtown Phoenix campus, and nearby high-density residential developments. Its position near W Polk Street ensures ease of access from major vehicular thoroughfares such as I-10 and SR-51, while Phoenix Sky Harbor International Airport is only minutes away.

Highlights

Standalone ±8,000 SF office/retail building within Phoenix’s downtown core.
High walkability with immediate access to light rail, bus lines, parks, and numerous restaurants.
Zoned DTC-BCORE allowing a variety of commercial uses.
Prominent frontage along N First Avenue offering strong visibility to pedestrian and vehicle traffic.
Conveniently located near major highways with easy connection to Phoenix Sky Harbor International Airport.
Close to educational, cultural, and civic institutions, creating strong demand drivers.

Property Flyers

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Van Buren/1st Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 0 min 1 min 0.1 mi
Van Buren/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 3 min 0.2 mi
Washington/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 6 min 0.3 mi
Jefferson/1st Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 7 min 0.3 mi
3rd St/Washington (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 10 min 0.5 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 12 min - 5.7 mi
Phoenix-Mesa Gateway 45 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brandon Koplin 602-373-4717 Commercial Properties, Inc.
Brandon Koplin 602-373-4717 Commercial Properties, Inc.