Courtesy of ARMLSNWMLS

OverviewEstate Overview - $1,450,000

Listing View28
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1516 E THOMAS Road,

Phoenix, AZ 85014

High-visibility former restaurant opportunity located directly on Thomas Road in the heart of Midtown Phoenix.This ±2,762 SF freestanding building sits on an oversized ±0.75-acre C-2 zoned parcel—providing excellent parking (34 spaces), strong frontage, and flexibility for restaurant, QSR, or freestanding retail use.Recently improved in 2022 with new kitchen equipment, flooring, ceilings, plumbing, HVAC modifications, lighting, and refreshed dining areas, offering a true turn-key foundation for operators or owner/users.The large lot allows for potential drive-thru integration or expanded outdoor/parking layouts, uncommon for the corridor...See More

  • 0 Beds
  • 0 Baths
  • 30825 Sqft
  • Land/commercial

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,400,000
Listing Date: 02/05/2026
Days on dealty:Was on Dealty for 88 days
County:Maricopa
MLS Type:ARMLS
Built In:1987
Has HOA:Yes
Status Change Date:May 04, 2026
Pool:No
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: ********
  • Construction materials: Stucco, Block
  • Roof: Foam
Flooring
  • Tile
  • Laminate
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: ,
  • Fencing: Block
Lot Details
  • Lot size: 0.71 Acres / 30825.0 Square feet

AmenitiesAmenities

Utilities
  • Cooling - Central Air
  • Heating - Forced Air, Natural Gas
  • Water Source : City Franchise
  • Sewer Information : Public Sewer
Laundry
    --
Parking
  • Parking Features: Parking Lot
  • Garage Spaces: 0
  • Covered Spaces: 0
  • Parking Spaces: 34

HOAHOA & Financial

Primary HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Second HOA
  • Association Name: ********
  • Association Fee: $********
  • Association Fee Frequency: ********
  • Association Phone: ********
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
  • N/A

NeighborhoodExplore The Area

Similar HomesSimilar Properties

AgentListing Agent

Agent
Keith Mishkin

(Cambridge Properties)

MLS # 6980373

1516 E THOMAS Road

Phoenix, AZ 85014

$1,450,000
Flyer cover
FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/1516-e-thomas-road-phoenix-az-85014
Approx sqft
30825
Year Built
1987
Garage
34
Lot Size
30825 sqft/ 0.709 acres

High-visibility former restaurant opportunity located directly on Thomas Road in the heart of Midtown Phoenix. This ±2,762 SF freestanding building sits on an oversized ±0.75-acre C-2 zoned parcel—providing excellent parking (34 spaces), strong frontage, and flexibility for restaurant, QSR, or freestanding retail use. Recently improved in 2022 with new kitchen equipment, flooring, ceilings, plumbing, HVAC modifications, lighting, and refreshed dining areas, offering a true turn-key foundation fo...(Visit the link to Get more info)

AGENT CONTACT

Multiple Listing Service of ARMLS

All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.