Active

522 W ROOSEVELT Street

Phoenix AZ, 85003

$948,900


$354.33 per sqft

Active

2,678 sqft

Other

Built in 1914

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

6765221

MLS ID

October 3, 2024

Listed

December 14, 2024

Updated

Map

522 W ROOSEVELT Street
Phoenix AZ, 85003

Interior Features

Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.23 Acres


Roof

Built-Up


Sewer

Sewer - Available, Public Sewer

Other Property Details

Taxes

$12,131


Tax Frequency

Annually


Days on Market

71


Garage

No


Parking

Private Parking, Free, Fenced


Parking Total

8


View

No


County

Maricopa


Water Source

City Franchise, Master Meter


Pool

No


Zoning

CDT

Listing History

Date

Event

Price

12/13/2024

Price change

$948,900

-6%

Courtesy of The Melcher Agency

Listing Contact: 602-252-4191 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jen Sheedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Arizona Regional Multiple Listing Service. All rights reserved.

Data Last Updated: 12:19 AM UTC, 12/14/2024.

Powered byLuxury Presence