WHAT: A one-bedroom one-and-a-half-bath loft duplex in the Fontanelle building.

HOW MUCH: $445,000

PER SQUARE FOOT: $342.30

SETTING: This 1924 building is in the historic Roosevelt neighborhood, just north of downtown Phoenix. Nearby are several popular restaurants: Palatte, Cibo and the Welcome Diner, a Depression-era lunch counter.

Over 100 gallery and exhibition spaces open up for art walks the third Friday of every month. There is a farmers’ and artisans’ market every Wednesday and Saturday at the corner of Central Avenue and McKinley Street, a half-mile away. Public transportation is in walking distance; the airport is a 20-minute drive.

COMMON SPACES: A great room has 15-foot-high ceilings and scored concrete floors. A hinged grate cut into the kitchen floor opens to reveal steel stairs leading to a compact den. Brick inside the building is new, but wood-and-beam work is original.

PERSONAL SPACES: A master suite occupies the entire second floor.

OUTDOOR SPACE: There is a private courtyard behind the building.

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By MIKE POWELL

Source: New York Times – U.S.A.