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130-134 E WASHINGTON Street Phoenix, AZ $ 4,800,000
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$ 4,800,000 Get more info
130-134 E WASHINGTON Street
$ 4,800,000
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Share Save

130-134 E WASHINGTON Street

Phoenix, AZ, 85004
$ 4,800,000
Baths0.0 Sq 16,454

Monthly Estimate*

$ 33,529

130-134 E WASHINGTON Street, Phoenix, AZ 85004 - Image 1
130-134 E WASHINGTON Street, Phoenix, AZ 85004 - Image 2
130-134 E WASHINGTON Street, Phoenix, AZ 85004 - Image 3
130-134 E WASHINGTON Street, Phoenix, AZ 85004 - Image 4
130-134 E WASHINGTON Street, Phoenix, AZ 85004 - Image 5
Studio

Commercial Property for sale in Phoenix, AZ

for $4,800,000. This 16,454 square foot building was built in 1967 on a lot size of 0.24.

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*

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Commercial Active

Price

$ 4,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 39,173

Style

Comm/Industry Sale

Lot Size

0.24

Year Built

1967

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6370163
Features
General
Sewer Public Sewer
Heating Other See Remarks
Cooling Central A/C
Roof Rolled/Hot Mop
Zoning DTC-BCORE
Construction Materials See Remarks Block
Year Built 1967
Electric APS
Township 1N
Tax Year 2021
Percent Ownership Fee Simple
Gross Income 0.0
Business Type Other See Remarks Bar Restaurant
County Maricopa
Net Operating Income 204000.0
Operating Expense 39173.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name PHOENIX
Building Features Other (See Remarks)
Status Active
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.
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Vicinity of an Airport
View Y/N N
Open Parking Spaces 0.0
Lot Size Square Feet 10320.0
Carport Y/N N
Street Name WASHINGTON
Tax Annual Amount 39173.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 720
Structure Type Other (See Remarks) Commercial
Standard Status Active
Tax Lot 14
Cap Rate 4.0
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Other Stone
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing None
Parking Features None
Water Source City Franchise
Total Parking 0.0
Lot Size Area 10320.0
Number of Buildings 2
Spa N
Lot Size Acres 0.24
Lot Size Units Square Feet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 130134
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* Excluded Features
List By
R.O.I. Properties

Broker

bethjozeitzer@roiproperties.com

Email

Affordability Calculator

$36,794
Per Month
91%
9%
0%
Monthly Principal & Interest
$33,529
Monthly Property Taxes
$3,264
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/3/2024$4,800,000 Listed Price

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130-134 E WASHINGTON Street, Phoenix, AZ, 85004 is a Commercial Property for sale at $4,800,000 with 16,454 sqft and a lot size of 0.24. 130-134 E WASHINGTON Street is a studio with 0.0 baths and was built in 1967. The property's zip code is 85004 which is in Phoenix, AZ

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