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1110 E Washington Street Phoenix, AZ $ 2,000,000
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$ 2,000,000 Get more info
1110 E Washington Street
$ 2,000,000
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1110 E Washington Street

Phoenix, AZ, 85034
$ 2,000,000
Baths0.0 Sq 4,025

Monthly Estimate*

$ 13,293

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Studio

Commercial Property for sale in Phoenix, AZ

for $2,000,000. This 4,025 square foot building was built in 1950 on a lot size of 0.28.

Rare Opportunity to Acquire a Turn-Key Newly Renovated Restaurant including all FF&E in Downtown Phoenix. The property underwent an extensive renovation in 2020 totaling well over $1,000,000 including new electrical, sewer, duct work, kitchen, etc. Recipient of the 2021 Governor's Heritage Preservation Honor Award, the building's exterior was tastefully preserved while renovating the interior with modern yet timeless high-end finishes. Located on Washington St in Downtown Phoenix, the Light Rail offers excellent access to the property for both customers and employees.

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Commercial Contingent

Price

$ 2,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,177

Style

Comm/Industry Sale

Lot Size

0.28

Year Built

1950

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6693982
Features
General
Sewer Other
Heating Other
Cooling Other
Roof See Remarks
Zoning WU
Construction Materials Block Brick
Year Built 1950
Electric Other (See Remarks)
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 0.0
Business Type Bar Food Service Retail Fast Food Restaurant Retail PAD Service Business Mixed Use
County Maricopa
Net Operating Income 0.0
Operating Expense 17177.0
Property Type Comm/Industry Sale
Status UCB (Under Contract-Backups)
City Phoenix
Buyer Agent Compensation 3.00
Disclosures Other (See Remarks)
View Y/N N
Open Parking Spaces 12.0
Lot Size Units Square Feet
Lot Size Square Feet 12250.0
Carport Y/N N
Street Name Washington
Tax Annual Amount 17177.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 43
Structure Type Commercial
Standard Status Active Under Contract
Tax Lot 1
Buyer Agent Compensation Type %
Ownership Fee Simple
Senior Community N
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Interior
Flooring Other
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing Other
Parking Features Other (See Remarks)
Water Source Other
Total Parking 12.0
Lot Size Area 12250.0
Number of Buildings 1
Spa N
Lot Size Acres 0.28
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1110
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* Excluded Features
List By
Cutler Commercial

Broker

jiml@cutlercommercial.com

Email

Affordability Calculator

$14,724
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,293
Monthly Property Taxes
$1,431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/19/2024$2,000,000 Listed Price

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1110 E Washington Street, Phoenix, AZ, 85034 is a Commercial Property for sale at $2,000,000 with 4,025 sqft and a lot size of 0.28. 1110 E Washington Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 85034 which is in Phoenix, AZ

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