1110 E Washington St

Investment Highlights

Executive Summary

Rare Opportunity to Acquire a Turn-Key Newly Renovated Restaurant 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.

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    4,025
• Building Class    B
• Year Built/Renovated    1950/2020
• Price    2,000,000
• Price Per SF    497
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.32
• Land Acres    0.29 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.