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Home > 130 E WASHINGTON Street, Phoenix, AZ 85004 (MLS# 6930066)

130 E WASHINGTON Street, Phoenix, AZ 85004

$1,500,000
Property Type: Comm/Industry Sale Square Footage: 2,604 Lot Size (sq. ft.): 3,440 Status: Active
Current Price: $1,500,000 List Date: 10/07/2025 Last Modified: 10/07/2025

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# 6930066

Contract Info

Ownership: Fee Simple Current Price: $1,500,000 List Price: $1,500,000 Status: Active List Date: 2025-10-07

Location, Tax & Legal

Assessor's Map #: 28 Legal Description (Abbrev): LOT 14 BLOCK 20 PHOENIX MCR 000251 Assessor's Parcel #: 70 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 114100 Taxes: 39173 Legal: LOT 14 BLOCK 20 PHOENIX MCR 000251 House Number: 130 Compass: E Street Name: WASHINGTON St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85004 Zip4: 2341 County Code: Maricopa Subdivision: PHOENIX Assessor Number: 112-28-070 Tax Year: 2021

General Property Description

Ttl Apx SqFt Bldg: 2604 # of Buildings: 1 Uncvrd Parking Spcs: 0 Year Built: 1999 Zoning: DTC-BCORE

Currently Not Used

Sold Price Per SqFt: 576.04

Legal Info

Range: 3E Section: 8 Township: 1N Lot Number: 14

Construction

Block: 1 Other: 1

Roofing

Rolled: 1

Floors

Sealed: 1 Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 39173 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Other (See Remarks): 1

Business Type

Restaurant: 1 Bar/Tavern/Lounge: 1 Other: 1 See Remarks: 1

Pmt & Rate Info

Cap Rate: 13.6 Equity: 1500000 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Other: 1 See Remarks: 1

Cooling

Central Air: 1

Interior Features

Finished: 1

Loading Facilities

None: 1

Source of Fincl Data

Other (See Remarks): 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Building Features

Other (See Remarks): 1

Sewer

Sewer - Public: 1

Railroad

Rail Served: 1

Parking Features

None: 1

Electric

APS: 1

Gas

Other (See Remarks): 1

New Financing

Other (See Remarks): 1

Reports/Disclosures

Vicinity of an Airport: 1

Environmental

Other (See Remarks): 1

Remarks Misc

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

Income Expenses

Net Operating Income: 204000

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Restaurant; Bar/Tavern/Lounge; Other; See Remarks Construction: Block; Other Roofing: Rolled Floors: Sealed; Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: None Building Features: Other (See Remarks) Parking Features: None Electric: APS Gas: Other (See Remarks) Water Source: 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
IDX
Last Updated: October - 07 - 2025
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