Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
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.

Monthly Payment Calculator



© 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 Long Realty West Valley. Data last updated 2021-09-20T00:14:46.16.
www.myhomesaz.com/homes/117554982
Print Image

1708 E Mcdowell Road Phoenix, AZ 85006

  • Price: $850,000
  • Status: Active
  • Updated: 207 min ago
  • 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 Long Realty West Valley. Data last updated 2021-09-20T00:14:46.16.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6240822-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6240822-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_2_6240822-2.jpg
Logo
Long Realty West Valley
14245 W. Grand Ave, Suite 1
Surprise AZ, 85374