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122-126 E WASHINGTON Street, Phoenix, AZ 85004

$4,050,000
Property Type: Comm/Industry Sale Square Footage: 13,850 Lot Size (sq. ft.): 6,880 Status: Pending
Current Price: $4,050,000 List Date: 10/08/2024 Last Modified: 11/05/2024

Description

This is a rare chance to acquire a highly sought-after property in one of the nation's fastest-growing urban districts. Currently home to two established nightclubs providing interim income, the location at Central and Washington is ideally suited for redevelopment or a new restaurant, bar, or nightclub concept. Situated directly across from Block 23 and just steps from world-class dining, entertainment, major sporting venues, and the convention center, this property benefits from high foot traffic, light rail access and a vibrant atmosphere. With several major development projects underway in the immediate area, the future growth prospects are immense.

More Information MLS# 6768025

Contract Info

Current Price: $4,050,000 List Price: $4,050,000 Status: Pending List Date: 2024-10-07 Ownership: Fee Simple

Location Tax Legal

House Number: 122-126 Compass: E Street Name: WASHINGTON St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85004 Country: USA County Code: Maricopa Subdivision: PHOENIX Assessor Number: 112-28-068 Tax Year: 2024

General Property Description

Ttl Apx SqFt Bldg: 13850 # of Buildings: 1 Year Built: 1900 Zoning: DTC-BCORE

Remarks Misc

Cross Street: Washington St and 2nd St Geo Lat: 33.448583 Geo Lon: -112.071909

Status Change Info

Status Change Date: 2024-11-05 Off Market Date: 2024-11-05 Under Contract Date: 2024-11-01

Legal Info

Township: 1N Range: 3E Section: 8 Lot Number: 13

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Building Type: Commercial; Other (See Remarks) Current Use: Restaurant; Bar; Other; See Remarks Stories: 2 Stories Construction: Block; Other (See Remarks) Roofing: Rolled Floors: Sealed; Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Central A/C Loading Facilities: None Interior: Finished Fencing: None Amenities: Other (See Remarks) Parking: None Electric: APS Gas: Other (See Remarks) Water: City Franchise Sewer: Sewer - Public Railroad: Rail Served New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: November - 05 - 2024
122-126 E WASHINGTON Street, Phoenix, AZ 85004- MLS# 6768025
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