$1,500,000
$525K PRICE INCREASE

Estimated payment $9,134/month

Total Views 4,432
-- Bed
-- Bath
2,604 Sq Ft
$576 Price per Sq Ft

Highlights

  • Stone Flooring
  • 1-minute walk to 3Rd St/Washington
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air
  • 3-minute walk to McDowell Mountain Regional Park

About This Home

This is a rare chance to acquire a highly sought-after property in one of thenation's fastest-growing urban districts. Currently home to two establishednightclubs providing interim income, the location at Central and Washington isideally 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 propertybenefits from high foot traffic, light rail access and a vibrant atmosphere. Withseveral major development projects underway in the immediate area, the future growth prospects are immense.

Listing Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/11/2025

Co-Listing Agent

Jake Vice

R.O.I. Properties License #SA697209000

Property Details

Property Type

  • Other

Year Built

  • Built in 1999

Lot Details

  • 3,440 Sq Ft Lot
  • Property is zoned DTC-BCORE

Home Design

  • Block Exterior

Interior Spaces

  • 2,604 Sq Ft Home
  • Stone Flooring

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 112-28-070

Community Details

Overview

  • Phoenix Subdivision

Building Details

  • Operating Expense $39,173
  • Net Operating Income $204,000

Property Details

Property Type

Other

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: Washington St and 2nd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-BCORE
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1999
  • Tax Year: 2021
  • 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.
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: PHOENIX
  • Structure Type: Other (See Remarks), Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Stone
  • Living Area: 2604.0

Exterior Features

  • Fencing: None
  • Disclosures: Vicinity of an Airport
  • Construction Type: Other, Block
  • Roof: Rolled/Hot Mop
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 3440.0
  • Parcel #: 112-28-070

Multi Family

  • Property Net Operating Income: 204000.0
  • Annual Operating Expense: 39173.0

Tax Info

  • Tax Annual Amount: 39173.0
  • Tax Book Number: 112.00
  • Tax Lot: 14
  • Tax Map Number: 28.00

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,706 $94,603 -- --
2024 $13,975 $92,913 -- --
2023 $13,975 $102,867 $41,157 $61,710
2022 $13,837 $93,748 $35,403 $58,345
2021 $14,030 $96,732 $36,414 $60,318
2020 $14,259 $87,228 $25,992 $61,236
2019 $14,211 $82,764 $24,300 $58,464
2018 $13,994 $86,598 $28,512 $58,086
2017 $13,668 $93,402 $29,700 $63,702
2016 $13,273 $85,842 $27,756 $58,086
2015 $12,586 $73,890 $27,695 $46,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $1,500,000 0.0% $576 / Sq Ft
03/11/2025 03/11/25 For Sale $1,500,000 +53.8% $576 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $975,000 -- $374 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6768024

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-28-070