tomo logo

$1,400,000

Beds
5
Baths
2.0
sq ft
6,391

124 West Mcdowell Road, Phoenix, AZ 85003

124 West Mcdowell Road

Phoenix, AZ 85003

  • 74 days on market
Midtown Phoenix location, location, location! Mid Century Modern Redevelopment opportunity! Rare free standing office situated on 9,538sf Commercial Downtown zoned lot! No HOA! Mid-century modern property, designed by iconic architect Al Beadle, offers a unique opportunity for investors seeking a premium office location with high visibility and accessibility. Boasting 6,390 sf the property offers a versatile layout that can accommodate a variety of business concepts. Floor plan features 8 offices, full kitchen, covered patio, storage, and media room with one of the largest cyclorama walls in Arizona.

Details

Property type

Single Family Residence

Lot size

9,538 sq ft

Price per sq ft

$220

Year built

1968

Annual property taxes

$5,784

Price History

04/20/2024
ArizonaRegional

ArizonaRegional #6694634

Listed
$1,400,000

Schools & Community

Neighborhood: 

Encanto

Elementary school: 

Kenilworth Elementary School

Middle school: 

Other

High school: 

Phoenix Union Cyber High School

High school district: 

Phoenix Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Capital Fund I Llc

Loan start date

January 2023

Original loan amount

$830,000

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Commercial

Seller

Trinity Extended Family Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

New
ArizonaRegional
$1,425,000
6 bd
|
4.5 ba
|
3,641 sq ft
|
House

54 West Lynwood Street, Phoenix, AZ 85003

ArizonaRegional
$1,290,000
5 bd
|
3.5 ba
|
2,475 sq ft
|
House

118 West Palm Lane, Phoenix, AZ 85003

Status: Active

Tomo last checked: 07/04/2024 at 11:15 AM

Listing updated: 04/20/2024 at 12:44 PM

Listed by: Jake J. Crawford, eXp Realty Phone #: (888) 897-7821

MLS: ArizonaRegional #6694634

ArizonaRegional logo