$1,400,000
Phoenix, AZ 85003
MLS# 6644302
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Property Description
Midtown Phoenix location, location, location! Rare free standing office situated on 9,538sf Commercial Downtown zoned lot! No HOA! Mid-century modern property, designed by iconic architect Al Beadle, offers a unique opportunity for investors seeking a premium office location with high visibility and accessibility. Boasting 6,390 sf the property offers a versatile layout that can accommodate a variety of business concepts. Floor plan features 8 offices, full kitchen, covered patio, storage, and media room with one of the largest cyclorama walls in Arizona. McDowell frontage properties rarely trade! 116 W McDowell Rd sold for $2.06m($352/sf) in 2016, NEC 7th Ave & McDowell Rd sold for $11m($509/sf) in 2023! 1425 N 1St St sold for $2.25($325/sf) in 2023 and it's not even McDowell frontage!!
Details
Maps
Contract Info
Current Price: $1,400,000
List Price: $1,400,000
Status: Active
List Date: 2023-12-28
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 124
Compass: W
Street Name: MCDOWELL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 1213
Country: USA
County Code: Maricopa
Subdivision: NORTH CHELSEA
Assessor's Map #: 56
Assessor's Parcel #: 97
Add'l Parcels: No
Assessor Number: 118-56-097
Census Tract: 111800
Legal: LOT 94 NORTH CHELSEA MCR 000929
Tax Municipality: Phoenix
Taxes: 5784
Tax Year: 2023
General Property Description
Ttl Apx SqFt Bldg: 6390
# of Buildings: 1
Year Built: 1968
Uncvrd Parking Spcs: 5
Zoning: MCD-1; C-DT
Flood Zone: No
Remarks & Misc
Cross Street: Central and McDowell
Geo Lat: 33.466074
Geo Lon: -112.077171
Status Change Info
Status Change Date: 2024-01-24
Legal Info
Township: 2N
Range: 3E
Section: 32
Lot Number: 94
Bay Info
# of Bay Doors: 3
Income & Expenses
Owner Association: No
Operating Exp: 5784
Pmt & Rate Info
Equity: 1400000
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Building Type: Commercial; Industrial; Office; Distribution/Warehse; Other (See Remarks)
Current Use: Service Business; Medical/Dental; Office; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Concrete; Wood
Ceiling Height: 12.1 Feet to 14 Feet
Heating: Natural Gas
Cooling: Office A/C; Heat Pump
Loading Facilities: Grade Level; Drive-in Door(s)
Interior: Smoke Detector(s); Security System; Security Light(s); Alarm System; Private Restrooms
Exterior: Building Sign
Fencing: Chain Link
Amenities: Conference Room; Reception Room; Showroom; Kitchen; Fiber Optic Availble; Skylight(s)
Parking: Private Parking; Paved Parking
Electric: APS; Master Meter; 220
Gas: Individual Meter
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
New Financing: Cash Only; Other (See Remarks)
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Roads/Streets: Asphalt; Dedicated Street; Concrete; Curb(s) & Gutter(s); Sidewalk(s); Alley
Traffic Count: 25,001 to 35,000
Reports/Disclosures: ALTA Survey Availbl
Environmental: None
Listing Office: eXp Realty
Last Updated: April - 12 - 2024
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