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Listing provided courtesy of Versatile Properties- MLS# 6986244MLS Provider

114 W ADAMS Street #C103Phoenix, AZ 85003

Commercial · 9,445 Sq. ft. | 0.08 Acres
$1,800,000 Active

114 W ADAMS Street #C103 Overview

Time on Site:
131 days
Visits:
1

Downtown Phoenix Restaurant for Sale. An exceptional opportunity to lease a beautifully designed built-out restaurant in the heart of Downtown Phoenix in the Alfred Hitchcock Famous Orpheum Lofts Art Deco Style High-Rise Building. This turnkey space is designed to impress with a modern layout, stylish finishes, and extensive kitchen infrastructure -- ideal for an operator looking to launch quickly. Highlights: Prime downtown location with strong visibility and foot traffic. Spacious dining area and bar setup. Historic building with character and modern upgrades. Fully equipped kitchen and storage, ready for immediate operation. With its location, infrastructure, and complete build-out, this space is an outstanding opportunity for your next restaurant or hospitality venture. Possible Included Equipment on Separate bill of Sale: (2) Southwest 6-burner ranges with convection oven. Wood-fired grille. Volcan electric oven. Range with flat top and standard oven. Fryer. Reach-in freezer. 3-door bar fridge. Under-counter freezer. Walk-in cooler. Walk-in wine cellar. Wine fridge. Reach-in refrigerator. Fun Popular culture Fact - The opening sequence of the 1960 Alfred Hitchcock film Psycho was filmed from the roof of this building. Contact broker for details and private tours.

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114 W ADAMS Street #C103 Facts & Features

  • Type Commercial
  • Sq. ft. 9,445
  • Price/Sq.ft. $191
  • Lot 0.08 Acres

Details

General

Income/Expenses

  • Operating Expense: 26511.0

Building Information

  • Year Built: 1990

Business Information

  • Business Type: Bar/Tavern/Lounge,Professional/Office,Medical,Mixed,Dental,Food Service,Retail,Fast Food,Restaurant,Packge Store(Liquor),Religious Facility,Service Business

Location/Region

  • County Or Parish: Maricopa
  • Postal City: Phoenix
  • Subdivision Name: ORPHEUM LOFTS COMMERCIAL UNIT AMD
  • Township: 1N

Tax Information

  • Tax Annual Amount: $8,511.00
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Ownership: Fee Simple
  • Parcel Number: 112-21-585
  • Property Type: Comm/Industry Sale
  • Zoning: C-DT / COMMERCI

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Electric: Other (See Remarks),APS
  • Flooring: Concrete
  • Leasable Area: 3262.0
  • Living Area: 9445.0

Unit Information

  • Unit Number: C103

Exterior

Parking Information

  • Parking Features: Other

Lot Information

  • Lot Size Area: 3268.0
  • Lot Size Square Feet: 3268.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: Other,See Remarks,Submetered System,Individual Meter

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick
  • Roof: Other
  • Structure Type: Commercial,Office

General Information

  • Fencing: None
  • Sewer: Sewer-In \u0026 Connected,Public Sewer

114 W ADAMS Street #C103 Neighborhood

Community

85003 (Phoenix) Demographics

38
Median Age
4,572
Population Density (per sq. mile)
61%
College Educated
$48,306
Estimated Median Income
1,525
Estimated Total Home Owners
2,853
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

114 W ADAMS Street #C103 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

114 W ADAMS Street #C103 Market Data

Based on the last 30 days in this zip code

$714,820
Average List Price
$410
Average Price per Square Foot
9
Properties Sold
120
Average Days on Market
66
Properties for Sale
Calculations provided by Reliance Network

114 W ADAMS Street #C103 History

Date Event Value Agent
2/18/2026Source: ARMLS - Greater Phoenix Area, Casa Grande, and Sierra Vista Area Added to Database
February 18, 2026