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Bob Nathan

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$ 999,800

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522 W ROOSEVELT Street Phoenix, AZ 85003

10,150 Sqft Lot

UPDATED:

10/03/2024 07:03 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Kenilworth Blks 7-14

MLS Listing ID 6765221

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1948

Annual Tax Amount $12,131

Tax Year 2023

Lot Size 10,150 Sqft

Acres 0.23

Lot Dimensions 70x145

Property Description

The Roosevelt Neighborhood in Phoenix, Arizona, is a historically significant area that developed between 1893 and 1930. It was one of Phoenix's earliest suburbs and became a prestigious residential district for the city's elite. Many prominent figures, including governors, mayors, and other influential citizens, lived in the neighborhood during the early 20th century. These men and women played key roles in guiding the city's political, social, and economic development, helping transform Phoenix. t. The homes, while not as extravagant as those in the Eastern U.S., were designed in popular architectural styles of the time, reflecting the community's aspiration to create a refined society as Phoenix transitioned from a frontier town to a major urban center. In 1983, the neighborhood's historical importance was formally recognized when it was added to the National Register of Historic Places. Additionally, Arizona established Historic Preservation Overlay Zoning in 1986 to protect the neighborhood's architectural legacy. Today, homeowners are restoring these historic properties, preserving their original charm and contributing to the area's cultural heritage. Louis Lee Steward was a prominent early Arizona figure who contributed to various aspects of the state's development. He was a teacher, cattleman, cotton farmer, and played a key role in founding the Citizen's State Bank in Phoenix. Steward also served as the campaign manager for Henry Fountain Ashurst during his successful 1912 bid for the U.S. Senate, showing his involvement in Arizona's political landscape. The Historic L.L. Steward home, built in 1914 by the Southwestern Building & Investment Co., where Steward served as president, was initially constructed as his private residence. Over the years, the house has undergone numerous transformations, serving as a private home, rooming house, and office space, with each use altering its original design. Despite these changes, the home remains a significant part of Phoenix's architectural history, reflecting both the personal history of its original owner and the evolving nature of the city. Located in the Roosevelt Historic District in downtown Phoenix, offers a blend of historical charm and modern functionality. This two-story building spans 2,678 square feet, with six offices and two conference rooms for collaborative work. Amenities include two restrooms, a small kitchenette, a break room, and convenient parking with eight spaces at the rear of the building.Its prime location within the Roosevelt Historic District makes it highly accessible and walkable. Employees and clients can easily reach a variety of services, retail outlets, and restaurants nearby, providing a vibrant work setting.
The downtown area surrounding the L.L. Steward House has experienced significant revitalization, with new developments, entertainment options, and a bustling restaurant scene. It also boasts easy access to public transportation, including the light rail, and is near major sports venues for NBA and MLB games. The L.L. Steward House is an ideal workspace for businesses seeking a balance between a historic atmosphere and modern amenities. It offers the opportunity to work in a space that fosters collaboration, all while enjoying the growing conveniences and lifestyle options of downtown Phoenix, a hub for cutting-edge innovation in the "Valley of the Sun. Walk Score 73, Bike Score 96

Location

State AZ

County Maricopa

Community Kenilworth Blks 7-14

Zoning CDT

Direction Roosevelt St west to property

Interior

Heating Electric

Cooling Central A/C

Flooring Wood

Exterior

Garage Private Parking, Free, Fenced

Fence Block, Chain Link

Waterfront No

Roof Type Built-Up

Present Use Office

Parking Type Private Parking, Free, Fenced

Total Parking Spaces 8

Building

Dwelling Type Commercial,Office

Sewer Sewer - Available, Public Sewer

Water City Franchise, Master Meter

Others

Senior Community No

Tax ID 111-32-006

Listed by The Melcher Agency

Bob Nathan

Global Private Office Advisor & Associate Broker | License ID: BR006110000

+1(480) 695-6031

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