For more information on this property, contact Mario Romero at 602-252-4191 or sold500@ix.netcom.com

130-134 E WASHINGTON Street
Phoenix, Arizona AZ 85004-2341
Price: $4,800,000
Listing ID 6370163
Status Active
Acres 0.240
Subdivision PHOENIX
Year Built 1967

Property Description:

Rare opportunity to own prime real estate with two well established nightclubs in one of the fastest growing areas in the country, with numerous development projects in the works. Located at Central and Washington, across the street from Block 23, within walking distance to world class restaurants/bars, entertainment, major sporting venues, convention center, and much more. Ripe for redevelopment, with interim income until 2024. *DO NOT DISTURB*

Primary Features

County: Maricopa
Property Type: Comm/Industry Sale
Subdivision: PHOENIX
Year Built: 1967
Zoning: DTC-BCORE

Interior

Building Features: Other (See Remarks)
Cooling: Central A/C
Flooring: Other, Stone
General Property Description Ttl Apx SqFt Bldg: 16454
Heating: Other, See Remarks
Interior Finished: 1

External

Attached Garage: no
Construction Materials: See Remarks, Block
Electric: APS
Fencing: None
General Property Description # of Buildings: 2
Lot Size Area: 10320
Lot Size Square Feet: 10320
Lot Size Units: Square Feet
Number Of Buildings: 2
Parking Features: None
Roof: Rolled/Hot Mop
Sewer: Public Sewer
Structure Type: Other (See Remarks), Commercial

Location

Country: US
Directions: From I-10, head South on N 7th St and turn right on Washington St. Go past 2nd St and property will be on the right.
Postal City: Phoenix
Township: 1N
Water Source: City Franchise

Additional

Business Type: Other, See Remarks, Bar, Restaurant
Buyer Agency Compensation: 2.50
Mls Status: Active
Public Survey Range: 3E
Public Survey Section: 8

Financial

Cap Rate: 4
Net Operating Income: 204000
Operating Expense: 39173
Tax Annual Amount: 39173
Tax Book Number: 112.00
Tax Lot: 14
Tax Map Number: 28.00
Tax Year: 2021

Zoning Info


Contact - Listing ID 6370163

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Mario Romero

1102 W. Portland St
Phoenix, AZ 85007
Phone: 602-252-4191
Phone Alt: 602-920-0306
Fax: 602-254-9810

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