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    1708 E Mcdowell Road

    Phoenix, AZ 85006
    • $850,000
    • STATUS: Active
    • ON SITE: 119 days
    • MLS #: 6240822
    $850,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,170
      SQFT
    • $138
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    Great Investment Opportunity! Three parcel property (6,170 SF Total) zoned C-2 with 5 individual units (Roughly 1,200 SF) located on Phoenix's ''Miracle Mile'' on McDowell Rd known since the 1950's. Now the new Miracle Mile on McDowell is a multicultural area for businesses and restaurants that welcomes all people. The property is ripe for redevelopment located in the heart of everything, it is surrounded by; the Opportunity Zone, the Coronado Neighborhood Conservation Plan, Brentwood Historic District, large scale residential developments, I-10/SR51 freeways etc.The Miracle Mile has many public parking lots owned by the City of Phoenix for parking. All of the units are currently leased, month to month but would like longer terms if accepted by new owners. Fantastic location with high traffic counts and sidewalk traffic, close to Good Samaritan Hospital and Downtown.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Copa Team | The Maricopa Real Estate Company. Data last updated 2021-09-22T00:12:27.287.
    www.findmaricopa.com/homes/117554982
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    1708 E Mcdowell Road Phoenix, AZ 85006

    • Price: $850,000
    • Status: Active
    • MLS #: 6240822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    6,170
    SQFT
    $138
    $/SQFT
    1949
    Built
    Neighborhood:
    Mcdowell Mile
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Great Investment Opportunity! Three parcel property (6,170 SF Total) zoned C-2 with 5 individual units (Roughly 1,200 SF) located on Phoenix's ''Miracle Mile'' on McDowell Rd known since the 1950's. Now the new Miracle Mile on McDowell is a multicultural area for businesses and restaurants that welcomes all people. The property is ripe for redevelopment located in the heart of everything, it is surrounded by; the Opportunity Zone, the Coronado Neighborhood Conservation Plan, Brentwood Historic District, large scale residential developments, I-10/SR51 freeways etc.The Miracle Mile has many public parking lots owned by the City of Phoenix for parking. All of the units are currently leased, month to month but would like longer terms if accepted by new owners. Fantastic location with high traffic counts and sidewalk traffic, close to Good Samaritan Hospital and Downtown.
    Exterior Features

    Construction Brick Covered Parking Spaces 2.00 Exterior Features Building Sign Fencing Partial Freeway Highway Up To 1 Mile Lot Size Dimensions 70X88 Parking FreePublic Parking Roads Asphalt Roofing Built-Up Stories 1 Story Total Parking Spaces 10.00 Uncovered Parking Spaces 8.00

    Interior Features

    Ceiling Height 10.1 Feet To 12 Feet Cooling Central A/C Flooring CarpetConcreteVinyl Heating Heat Pump Interior Features Alarm SystemFinishedPrivate RestroomsSecurity System

    Property Features

    Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Commercial Cross Street Mcdowell Rd & 16th St Current Use Retail Electric Aps Gas None Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number 4 Net Operating Income 0.00 Operating Exp 2020.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Sewer - Public Source Of Financial Data Unknown Taxes 2020.00 Traffic Count Not Available UCB No Vacancy Allowance 0.00 Water City Franchise Zoning C-2

    Listing courtesy of Nexgen Real Estate.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than The Copa Team | The Maricopa Real Estate Company. Data last updated 2021-09-22T00:12:27.287.
     
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    The Copa Team | The Maricopa Real Estate Company
    21300 N John Wayne Pkwy, Ste 101
    Maricopa AZ, 85139-8964