114 W ADAMS Street C103, Phoenix, AZ 85003 (MLS# 6986244)

114 W ADAMS Street C103, Phoenix, AZ 85003

$1,800,000
Property Type: Comm/Industry Sale Square Footage: 9,445 Lot Size (sq. ft.): 3,268 Status: Active
Current Price: $1,800,000 List Date: 2/18/2026 Last Modified: 2/18/2026

Description

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.

Supplements: 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.

More Information MLS# 6986244

Contract Info

Current Price: $1,800,000 List Price: $1,800,000 Status: Active List Date: 2026-02-18 Ownership: Fee Simple

Location Tax Legal

House Number: 114 Compass: W Street Name: ADAMS St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85003 Zip4: 2015 County Code: Maricopa Subdivision: ORPHEUM LOFTS COMMERCIAL UNIT AMD Assessor Number: 112-21-585 Tax Year: 2025

General Property Description

Type of Property: Commercial Ttl Apx SqFt Bldg: 9445 Ttl Apx Net Rnt Spc: 3262 # of Buildings: 1 Year Built: 1990 Zoning: C-DT / COMMERCI

Remarks Misc

Cross Street: Central Ave & Adams St Directions: The Orpheum Lofts building is on the SW corner of 1st Avenue and Adams. Suite has premium frontage on 1st Avenue. Geo Lat: 33.449615 Geo Lon: -112.075405

Legal Info

Township: 1N Range: 3E Section: 8 Lot Number: C103

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Building Type: Commercial; Office Business Type: Dental; Mixed; Service Business; Religious Facility; Packge Store(Liquor); Restaurant; Fast Food; Medical; Professional/Office; Retail; Food Service; Bar/Tavern/Lounge Construction: Brick Roofing: Other Floors: Concrete Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet Cooling: Chiller System Loading Facilities: None Interior Features: Finished; Other (See Remarks) Exterior: Building Sign Fencing: None Parking Features: Other Electric: APS; Other (See Remarks) Gas: SW Gas; Other (See Remarks) Water Source: Submetered System; Individual Meter; Other; See Remarks Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash Only; Owner May Carry; 1031 Exchange; Other (See Remarks) Lockbox Type: None Source of Fincl Data: Projected Proforma Existing 1st Loan: Private Existing 1st Loan Type: Adjustable/Graduated Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Use Restrictions: CC&R's Environmental: None
Listing Office: Versatile Properties
Last Updated: February - 18 - 2026
114 W ADAMS Street C103, Phoenix, AZ 85003- MLS# 6986244
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