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124 W MCDOWELL Road Phoenix, AZ $ 1,400,000
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$ 1,400,000 Get more info
124 W MCDOWELL Road
$ 1,400,000
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Share Save

124 W MCDOWELL Road

Phoenix, AZ, 85003
$ 1,400,000
Baths0.0 Sq 6,390

Monthly Estimate*

$ 9,779

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Studio

Commercial Property for sale in Phoenix, AZ

for $1,400,000. This 6,390 square foot building was built in 1968 on a lot size of 0.22.

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!!

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Commercial Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,784

Style

Comm/Industry Sale

Lot Size

0.22

Year Built

1968

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6644302
Features
General
Sewer Public Sewer
Heating Electric Natural Gas
Cooling Heat Pump Office A/C
Roof Foam
Zoning MCD-1; C-DT
Construction Materials Block
Year Built 1968
Electric 220 Volts Master Meter APS
Township 2N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 0.0
Business Type See Remarks Office Medical/Dental Service Business
County Maricopa
Net Operating Income 0.0
Operating Expense 5784.0
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name NORTH CHELSEA
Building Features Conference Room Reception Room Showroom Kitchen Fiber Optic Availble Skylight(s)
Status Active
City Phoenix
Buyer Agent Compensation 0.00
Disclosures ALTA Survey Availbl
View Y/N N
Open Parking Spaces 5.0
Lot Size Square Feet 9538.0
Carport Y/N N
Street Name MCDOWELL
Tax Annual Amount 5784.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 104
Structure Type Other (See Remarks) Commercial Industrial Office Distribution/Warehse
Standard Status Active
Occupancy Description Owner
Tax Lot 94
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Wood Concrete
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Chain Link
Parking Features Paved Parking Private Parking
Water Source City Franchise Master Meter
Total Parking 10.0
Lot Size Area 9538.0
Number of Buildings 1
Spa N
Lot Size Acres 0.22
Road Surface Type Asphalt Dedicated Street Concrete Curb(s) & Gutter(s) Sidewalk(s) Alley
Lot Size Units Square Feet
Covered Spaces 5.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 124
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* Excluded Features
List By
Exp Realty

Broker

jake@jandkluxurygroup.com

Email

Affordability Calculator

$10,261
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,779
Monthly Property Taxes
$482
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
2/14/2024$1,400,000 -12.50% Price Down
2/2/2024$1,600,000 -5.60% Price Down
12/30/2023$1,695,000 Listed Price

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124 W MCDOWELL Road, Phoenix, AZ, 85003 is a Commercial Property for sale at $1,400,000 with 6,390 sqft and a lot size of 0.22. 124 W MCDOWELL Road is a studio with 0.0 baths and was built in 1968. The property's zip code is 85003 which is in Phoenix, AZ

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