114 W ADAMS Street C103, Phoenix, AZ 85003, Phoenix AZ 85003
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 stor
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is offered at $191 per square foot, compared with a $5 median for active listings without a reported bedroom count in Phoenix. Its asking price falls near the 90th percentile of that active group. The comparison uses 566 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $357,000, and the median is $393 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 114 W ADAMS Street 1007, Phoenix, AZ 85003 | May 15, 2026 | 2 bd · 953 sqft | $355,000 | 0.0 mi |
| 114 W ADAMS Street PH, Phoenix, AZ 85003 | Jun 22, 2026 | 2 bd · 2,668 sqft | $1,400,000 | 0.0 mi |
| 387 N 2ND Avenue 2E, Phoenix, AZ 85003 | Jun 26, 2026 | 1 bd · 927 sqft | $400,000 | 0.3 mi |
| 100 E FILLMORE Street 113, Phoenix, AZ 85004 | Jul 23, 2026 | 2 bd · 829 sqft | $342,000 | 0.4 mi |
| 100 E FILLMORE Street 216, Phoenix, AZ 85004 | Oct 1, 2026 | 2 bd · 1,100 sqft | $355,000 | 0.4 mi |
| 100 E FILLMORE Street 119, Phoenix, AZ 85004 | Jun 5, 2026 | 1 bd · 709 sqft | $340,000 | 0.5 mi |
| 424 S 2ND Street 306, Phoenix, AZ 85004 | Apr 29, 2026 | 1 bd · 1,114 sqft | $359,000 | 0.5 mi |
| 310 S 4TH Street 1705, Phoenix, AZ 85004 | Apr 15, 2026 | 2 bd · 1,463 sqft | $542,000 | 0.5 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $1,800,000 · Active
Continue comparing
Similar active homes in Phoenix
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Phoenix homes for sale · See the Phoenix market report