500 E Thomas is an incredible ''shovel-ready'' office to multifamily conversion consisting of 26 individual units, business center and outdoor recreational area. The current three-story structure was designed by the award winning mid-century modern architect Al Beadle in 1970 and comprises nearly 20,000sf of office space on a 30,000sf parcel. MOD a+p, a local Phoenix design firm, has provided plans to tastefully implement modern design elements to the exterior and common areas without disturbing the original character of the structure. Current ownership has completed all the heavy lifting of the permitting and rezoning process and will provide City of Phoenix approved plans with the purchase of 500 E Thomas.500 E Thomas provides an investor the rare opportunity to purchase an iconic Beadle designed building with City of Phoenix approved plans and permits to convert to a highest-and-best-use 26 unit multifamily community with both a business center and outdoor recreation area.
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Listing information last updated on July 14th, 2020 at 10:18am MST.