120 W Mcdowell Road, Phoenix, AZ 85003

$2,400,000
List Price
$2,400,000
Status
ACTIVE
Days on Market
8
MLS#
6559290
City
Phoenix
Lot Size
4
Year Built
1941

Property Description

Introducing an unparalleled opportunity to invest in a prime commercial real estate property located at the heart of vibrant Phoenix, Arizona. 120 W McDowell Rd offers an exceptional blend of accessibility, versatility, and dynamic potential for businesses looking to establish or expand their presence. The property's strategic location at the bustling heart of Phoenix gives it incomparable visibility and high footfall, crucial for businesses across sectors. It is conveniently positioned near the intersection of McDowell Rd and N Central Ave, making it easily accessible via major thoroughfares and public transit.In addition to its prime location, the property is surrounded by a diverse array of businesses, eateries, and retail establishments, enhancing its appeal for both employees and clients. The vibrant and bustling urban environment, combined with the iconic Phoenix backdrop, adds to the property's charm. Take advantage of Phoenix's growing economy and stake your claim at 120 W McDowell Rd. This location provides unparalleled potential for the discerning investor or savvy business owner. Make your mark in Phoenix's dynamic commercial landscape with this standout property! Please note that all interested buyers should conduct their due diligence regarding zoning, utilities, and all other aspects of this property.

Additional Information

Other Income
840
Adjusted Gross Inc
798
Taxes
$4,287
Operating Exp
4287
Units
10
Project Type
5 - 12 Units
Construction
Block
Roofing
Built-Up, Foam, Rolled
Parking
Carport
Cooling
Individual, Window/Wall Unit
Heating
Electric, Natural Gas, Window/Wall Unit(s)
Floors
Other
Zoning
DTC-MCD-1
Subdivision
North Chelsea
Community Amenities
Other, See Remarks
Electric
Individual Meter, SRP
Gas
SW Gas
Water
City Franchise
Sewer
Sewer - Public, Sewer-In & Connected
Tenant Pays
Electric
New Financing
1031 Exchange, Conventional, CTL
School District
Phoenix Union High School District

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.