120 W MCDOWELL Road, Phoenix, AZ
$ 2,400,000
Property Attributes
  • MLS#6559290
  • TypeMulti-Family
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodNORTH CHELSEA
  • Zip85003
  • StyleMultiple Dwellings
  • Year Built1941
  • Taxes$ 4287
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Introducing an unparalleled opportunity to invest in a prime commercial real estate property located at the heart of vibrant Phoenix, Arizona. 120 W McDowell Rd offers an exceptional blend of accessibility, versatility, and dynamic potential for businesses looking to establish or expand their presence. The property's strategic location at the bustling heart of Phoenix gives it incomparable visibility and high footfall, crucial for businesses across sectors. It is conveniently positioned near the intersection of McDowell Rd and N Central Ave, making it easily accessible via major thoroughfares and public transit. In addition to its prime location, the property is surrounded by a diverse array of businesses, eateries, and retail establishments, enhancing its appeal for both employees and clients. The vibrant and bustling urban environment, combined with the iconic Phoenix backdrop, adds to the property's charm. Take advantage of Phoenix's growing economy and stake your claim at 120 W McDowell Rd. This location provides unparalleled potential for the discerning investor or savvy business owner. Make your mark in Phoenix's dynamic commercial landscape with this standout property! Please note that all interested buyers should conduct their due diligence regarding zoning, utilities, and all other aspects of this property.

Price History
5/25/2023 Listed $2,400,000

General Features

Additional Parcels Y/N No
Attached Garage No
Carport Y/N No
City Phoenix
Community Features Other, See Remarks
Construction Materials Painted, Stucco, Block
Cooling Individual, Wall/Window Unit(s)
County Maricopa
Days on Market 126
Directions Central Ave. and McDowell Road.
Disclosures Seller Prop Disc Stm
Electric SRP, Individual Meter
Elementary School District Phoenix Elementary District
Garage Y/N No
Gross Income 798.0
Heating Window/Wall Unit(s), Electric, Natural Gas
High School District Phoenix Union High School District
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 0.0
Mobilehomeremainsyn No
Net Operating Income 0.0
New_sp_Financing_co_Conventional5 True
Occupancy Description Tenant
Open Parking Spaces 6.0
Operating Expense 4287.0
Ownerpays Other, Gas, Electricity, Trash Collection, Water, Sewer
Ownership Other (See Remarks)
Property Type Multiple Dwellings
Rent Control Y/N No
Roof Built-Up, Foam, Rolled/Hot Mop
Sewer Sewer-In & Connected, Public Sewer
Standard Status Active
Status Active
Street Name MCDOWELL
Subdivision Name NORTH CHELSEA
Tax Annual Amount 4287.0
Tax Lot 93
Tax Year 2022
Tenant Pays Electricity
Total Units 10
View Y/N No
Year Built 1941
Zoning DTC-MCD-1

Interior Features

Air Conditioning Y/N Yes
Electric On Property Y/N No
Heating Y/N Yes
Street Suffix Road

Exterior Features

Covered Spaces 4.0
Crops Included Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 65X153.75
Lot Size Acres 0.0
Lot Size Area 0.0
Number of Buildings 1
Open Parking Y/N No
Parking Features Common
Road Surface Type Asphalt, Alley
Spa No
Total Parking 10.0
Water Source City Franchise


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 85003

AVG $1.06M
AVG $2,185
AVG 68
Data Provided by Inside Real Estate®
Year Built
AVG 1965
AVG 78
Data Provided by Walkscore® not using MLS data

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