AZ > Phoenix
Phoenix, AZ 85006,17181726 E McDowell Road
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Nicolas Toscano

Nicolas Toscano

+1(480) 432-5551
$ 1,200,000
Est. payment | /mo

0.49 Acres Lot

Save
$ 1,200,000
Est. payment | /mo
Save

0.49 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6763256

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1953

Tax Year 2024

Lot Size 0.494 Acres

Acres 0.49

Property Description

This multi-tenant retail property presents an exceptional investment opportunity in the heart of the ''Miracle Mile.'' The property is situated near the I-10 & SR-51 freeways on McDowell Rd, providing exceptional access and exposure. A new multifamily development, ''The Governor,'' is located across the street and is set to invigorate the neighborhood. This influx of new residents is expected to drive foot traffic and increase demand for retail services, making this property an ideal location for growth. Current tenants have short-term leases, offering a strategic advantage for the new owner to renegotiate and capitalize on increasing market rents. As Miracle Mile continues its transformation, this property stands out as a key player in the area's commercial revitalization.

Location

State AZ

County Maricopa

Zoning C-2

Interior

Heating See Remarks

Cooling See Remarks

Flooring Other

Exterior

Garage Other (See Remarks), Paved Parking

Fence See Remarks

Waterfront No

Roof Type See Remarks

Present Use Retail

Parking Type Other (See Remarks), Paved Parking

Total Parking Spaces 25

Building

Dwelling Type Commercial

Sewer Other

Water Other

Others

Senior Community No

Tax ID 117-16-069

Arizona Regional MLS (ARMLS)

Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by R.O.I. Properties

GET MORE INFORMATION

Nicolas Toscano

Mortgage Loan Originator & Realtor | License ID: SA709955000 NMLS# 1418692

+1(480) 432-5551

2212 E Williams Field Rd # 210, Gilbert, AZ, 85295

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17181726 E McDowell Road