$2,395,000
778 W WICKENBURG Way
Wickenburg, AZ 85390
MLS# 6980540



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Property Description
This mixed-use property located in a C3/CG zoning district is situated within an opportunity zone, making it a desirable investment opportunity. The property features six one-bedroom apartments and a vacant lot that can be developed. The front commercial building was previously utilized as a recording studio and is partially soundproofed with upgraded IT wiring. The building also includes a spacious conference area. The rear building contains private offices, a sizable conference room, and a formal reception area. The exterior of the property has a charming Santa Fe architectural design and includes courtyards in the rear, which provide a peaceful and attractive sitting area. ***NOTE: Actual addresses assigned by post office and the town of Wickenburg may differ. SEE the add inf

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $2,395,000
List Price: $2,395,000
Status: Active
List Date: 2026-02-06
Location, Tax & Legal
Assessor's Map #: 33
Legal Description (Abbrev): E2 OF FR NW COR SW4 NE4 SD SEC RUN N 89D 34' E 666' TO PT INTERSEC WI CEN LI CUCURACHA ST TH S 9D
Assessor's Parcel #: 5
Add'l Parcels: Yes
Tax Municipality: Wickenburg
Census Tract: 40502
Taxes: 2888
Legal: E2 OF FR NW COR SW4 NE4 SD SEC RUN N 89D 34' E 666' TO PT INTERSEC WI CEN LI CUCURACHA ST TH S 9D
House Number: 778
Compass: W
Street Name: WICKENBURG
St Suffix: Way
City/Town Code: Wickenburg
State/Province: AZ
Zip Code: 85390
Zip4: 2270
County Code: Maricopa
Assessor Number: 505-33-005
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 2602
# of Buildings: 3
Uncvrd Parking Spcs: 30
Flood Zone: No
Year Built: 1982
Zoning: C-3/C-G
Currently Not Used
Sold Price Per SqFt: 920.45
Legal Info
Range: 5W
Section: 11
Township: 7N
Construction
Block: 1
Stucco: 1
Wood Frame: 1
Roofing
Foam: 1
Floors
Concrete: 1
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Ins Exp: 4902
Annual Maint Exp: 1500
Annual Mgmt Exp: 12837
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 22127
Other Income: 3600
Vacancy Allowance: 0.01
Adjusted Gross Inc: 187941.6
Building Type
Commercial: 1
Office: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Service Business: 1
Medical: 1
Professional/Office: 1
Other: 1
See Remarks: 1
Pmt & Rate Info
Equity: 2395000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8 Feet or Less: 1
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
2 or More Units: 1
Cooling
Heat Pump: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Security System: 1
Security Light(s): 1
Phone System: 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
None: 1
Exterior
Landscaping: 1
Building Sign: 1
Monument Sign: 1
Source of Fincl Data
Projected Proforma: 1
Traffic Count
Unknown: 1
Fencing
Block: 1
Chain Link: 1
Partial: 1
Water Source
City Franchise: 1
Master Meter: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Accessible Entrance: 1
Conference Room: 1
Reception Room: 1
Kitchen: 1
Computer Room: 1
Fiber Optic Availble: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
New Financing
Lease Option: 1
Other (See Remarks): 1
Special
Owner/Agent: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
APOD/Backup Avaible: 1
Sch of Personal Prop: 1
Other (See Remarks): 1
Environmental
None: 1
Remarks Misc
Cross Street: Wickenburg Way and Maverick
Directions: From US 60 or also known as West Wickenburg Way go west from round-a-bout. Property is located on the North side of the street.
Geo Lat: 33.966376
Geo Lon: -112.744638
Income Expenses
Gross Annual Sch Inc: 186240
Net Operating Income: 147041
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Mixed; Service Business; Medical; Professional/Office; Other; See Remarks
Construction: Block; Stucco; Wood Frame
Roofing: Foam
Floors: Concrete; Vinyl; Wood; Ceramic Tile; Carpet
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet
Heating: Heat Pump; 2 or More Units
Cooling: Heat Pump
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s); Security System; Security Light(s); Phone System; Private Restrooms; Public Restrooms
Exterior: Landscaping; Building Sign; Monument Sign
Fencing: Block; Chain Link; Partial
Building Features: Accessible Entrance; Conference Room; Reception Room; Kitchen; Computer Room; Fiber Optic Availble
Parking Features: Free; Parking Lot; Paved
Electric: APS; Individual Meter
Gas: None
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Lease Option; Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Projected Proforma
Traffic Count: Unknown
Environmental: None
Supplements
This mixed-use property located in a C3/CG zoning district is situated within an opportunity zone, making it a desirable investment opportunity. The property features six one-bedroom apartments and a vacant lot that can be developed. The front commercial building was previously utilized as a recording studio and is partially soundproofed with upgraded IT wiring. The building also includes a spacious conference area. The rear building contains private offices, a sizable conference room, and a formal reception area. The exterior of the property has a charming Santa Fe architectural design and includes courtyards in the rear, which provide a peaceful and attractive sitting area. Overall, this property presents a unique opportunity for investors looking to capitalize on the benefits of an opportunity zone while owning a mixed-use property with diverse income streams. Welcome to a prime investment opportunity in the heart of Wickenburg, Arizona. This exceptional mixed-use property, currently leased to a National Tenant with a 5-year lease and yearly rent increases, offers an enticing prospect for savvy investors. With its attractive features and strategic location within an opportunity zone, this property is a must-consider for your investment portfolio. **Leased to National Tenant for 5 Years** - Yearly Rent Increase - Pure NNN Lease ** Currently the 6 -one bedroom apartments have 5 tenants and the last unit is up for current leasing. **Property Highlights:** **1. Strategic Location:** This property is strategically situated in a coveted C3/CG zoning district, offering significant potential for tax benefits and incentives for investors. Being in an opportunity zone provides a unique advantage that smart investors can capitalize on. **2. Charming Architecture:** The exterior of the property boasts a captivating Santa Fe architectural design, making it visually appealing and distinctive. This architectural touch sets it apart from the ordinary and adds to its overall charm. **3. Serene Courtyards:** Enjoy the tranquil courtyards located at the rear of the property. These well-maintained courtyards provide an inviting and peaceful sitting area, making it an attractive feature for tenants and customers alike. **Investment Opportunity:** This mixed-use property is a golden opportunity for investors seeking diversity in income streams. It combines residential apartments with flexible commercial spaces, making it a truly unique offering in the market. With a National Tenant in place and a pure NNN lease, you can enjoy a hassle-free investment experience with steady income and yearly rent increases. Don't miss out on the chance to own this promising property in Wickenburg's thriving location. Act now to explore the possibilities it has to offer. Whether you're looking for a stable income source or a strategic addition to your investment portfolio, this property ticks all the boxes. Location - Wickenburg Is Growing Wickenburg, Arizona is a historic western town located in Maricopa County, long known for its cowboy heritage, cattle ranches, gold mining history, and striking Sonoran Desert landscapes. The community blends authentic small-town charm with year-round sunshine, outdoor recreation, and a strong sense of resilience and independence that continues to attract new residents, visitors, and businesses. In recent years, Wickenburg has benefited from significant regional growth driven by large-scale economic development across the northwest Valley, including the massive semiconductor expansion anchored by TSMC in North Phoenix. The multi-billion-dollar TSMC project has sparked extensive infrastructure investment, housing demand, workforce migration, and commercial development throughout surrounding communitiesincluding Wickenburg, which offers land availability, lower density, and proximity to the expanding employment corridor. As development accelerates along U.S. 60 and throughout the northwest Valley, Wickenburg is increasingly viewed as a strategic location for residential, commercial, and mixed-use growth, while still preserving its distinctive character and quality of life. Healthcare, Recovery & Support Services Alongside its growth, Wickenburg plays an important role in regional healthcare and recovery services. The town is home to several established substance-abuse and behavioral-health treatment facilities that serve patients from across Arizona and beyond. These centers provide a range of care options including medical detox, counseling, trauma-informed therapy, and long-term recovery supportcontributing to employment stability and consistent demand for housing and services in the area. One such facility is The River Source, which offers a holistic approach to addiction treatment combining medical care, counseling, and aftercare planning. Another nationally recognized provider is The Meadows, known for its specialized treatment of addiction, trauma, PTSD, and co-occurring disorders through experiential and evidence-based therapies. Community & Long-Term Stability Wickenburg also benefits from a strong recovery and support network, including 12-step programs, sober-living resources, and community-based services. This infrastructure reinforces the town's reputation as a supportive, service-oriented environment while adding to its economic diversity. A Balanced Growth Story Overall, Wickenburg offers a compelling blend of historic character, natural beauty, healthcare presence, and proximity to one of the most significant economic development projects in the United States. As the ripple effects of TSMC and surrounding industrial, residential, and infrastructure growth continue to expand west and north, Wickenburg is well positioned to benefitmaking it an increasingly attractive market for investors, operators, and long-term stakeholders.

IDX
Listing Office: Gerchick Real Estate

Last Updated: March - 14 - 2026

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