This historic property is zoned C2 commercial and located in the heart of downtown Phoenix. It is a unique opportunity for investment and business development, located in the Roosevelt Historic District. Owner has plans for a restaurant that were previously approved by the city. However, the property would also be perfect as a bar, café, bakery, coffee shop, market, gallery, brewery, lounge, office space & more. The property is located on a large +/-10,500 square feet of land and has 9 parking spaces. The large front and backyard is perfect for a perspective patio. The house has a framed out attic, ready to add additional square footage to the space. It is located next to the popular CIBO and Vig Fillmore restaurants. Both restaurants have great lunch and dinner crowds; that’s built in foot traffic! The area is booming with condo and other mixed use developments. Fry’s Food Store just started construction less than a mile away! Own your own business property as Downtown Phoenix leases continue to rise!
Sold for $800,000
$800,000
609 N 5th Ave, Phoenix, AZ 85003
3beds
1,380sqft
Unknown
Built in 1920
-- sqft lot
$-- Zestimate®
$580/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
Owner options
List your home for rent
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Refinance and save
$4,815/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,815/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Features
- Flooring: Tile, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,380 sqft
Property
Parking
- Total spaces: 9
- Parking features: Off-street
Features
- Exterior features: Other
- Has view: Yes
- View description: City
Lot
- Size: 10,500 Square Feet
Details
- Parcel number: 11139024
Construction
Type & style
- Home type: Unknown
Materials
- concrete
- Roof: Shake / Shingle
Condition
- Year built: 1920
Community & HOA
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $580/sqft
- Tax assessed value: $664,784
- Annual tax amount: $7,699
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Sold | $800,000+14.3%$580/sqft |
Source: Public Record Report a problem | ||
| 5/27/2021 | Sold | $700,000+27.3%$507/sqft |
Source: Public Record Report a problem | ||
| 11/9/2018 | Sold | $550,000$399/sqft |
Source: Public Record Report a problem | ||
| 2/21/2007 | Sold | $550,000+191.8%$399/sqft |
Source: Public Record Report a problem | ||
| 3/15/2003 | Sold | $188,500$137/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,699 +5.7% | $70,467 +3.8% |
| 2024 | $7,282 +0.5% | $67,867 +36.8% |
| 2023 | $7,246 +3.2% | $49,625 +4.5% |
| 2022 | $7,021 -1.5% | $47,483 -3.3% |
| 2021 | $7,130 +0.2% | $49,086 +5.2% |
| 2020 | $7,118 +1.7% | $46,678 +9.2% |
| 2019 | $6,997 | $42,736 +8.1% |
| 2018 | $6,997 +12.2% | $39,517 +3% |
| 2017 | $6,239 -11.5% | $38,372 -15.6% |
| 2016 | $7,053 -1% | $45,479 +2.5% |
| 2015 | $7,122 | $44,377 |
Find assessor info on the county website
Neighborhood: Central City
Nearby homes
- $541,700-- bd-- ba1.4k sqft615 N 5th Ave, Phoenix, AZ 85003Off Market
- $1,308,800-- bd-- ba3.4k sqft603 N 5th Ave, Phoenix, AZ 85003Off Market
- $849,000-- bd-- ba1.9k sqft621 N 5th Ave, Phoenix, AZ 85003Sold
- $341,9001 bd1 ba650 sqft604 N 5th Ave, Phoenix, AZ 85003Off Market

- $---- bd1 ba-- sqft610 N 4th Ave, Phoenix, AZ 85003Off Market
- $--1 bd1 ba525 sqft610 N 4th Ave APT 6, Phoenix, AZ 85003Off Market
- $---- bd1 ba-- sqft610 N 4th Ave APT 4, Phoenix, AZ 85003Off Market
- $--1 bd1 ba650 sqft610 N 4th Ave APT 1, Phoenix, AZ 85003Off Market
Nearby schools
GreatSchools rating
- 5/10Kenilworth Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3.2 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Arizona
- Maricopa County
- Phoenix
- 85003
- Central City
- 609 N 5th Ave