For Sale
$800,000

2438 Mcdowell Rd Phoenix, AZ 85008

Established Bar, Liquor License, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 4,100 square foot, partially remodeled adult entertainment club in Phoenix, Arizona's Arcadia area, near Scottsdale. Located on busy McDowell Road, this property benefits from high visibility and traffic, being less than a mile from two major highways and near a busy intersection. The building boasts 50 parking spaces and is grandfathered with C2 zoning. The significant advantage is its possession of a rare Series 6 liquor license (beer, wine, and liquor), one of only 27 in Arizona. The HVAC, bathrooms, and electrical systems are complete, with minimal finishing required (estimated $20,000-$50,000). A long-term lease is in place until December 30th, 2037, with a favorable rent of approximately $1 per square foot, subject to a 3% annual increase. The property offers potential for expansion into adjacent space. Seller financing is available for qualified buyers. Asking price: $800,000. This is a unique opportunity to acquire a well-situated, established business with significant growth potential in a high-demand market.

Highlights

  • Unfinished adult entertainment club for sale in Phoenix, AZ, near Scottsdale.
  • Rare opportunity: One of 27 Arizona adult clubs with a Series 6 liquor license (beer, wine, liquor).
  • High-traffic location on McDowell Rd., near major highways.
  • 4,100 SF building with expansion potential; HVAC, bathrooms, and electrical are complete.
  • Grandfathered C2 zoning; lease through 2038 with 3% annual rent increases ($1/SF).
  • Approximately 60 parking spaces; seller financing available; $800,000 asking price.

Property Details for 2438 Mcdowell Rd

Property type
Specialty properties, Retail properties
Square Feet
4,100 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4660526
Longitude
-112.0285876

FAQs

What type of property is this?
Specialty property - Established Bar, Liquor License, High Traffic
Where is the specialty property located?
The property is located at 2438 Mcdowell Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Unfinished adult entertainment club for sale in Phoenix, AZ, near Scottsdale.; Rare opportunity: One of 27 Arizona adult clubs with a Series 6 liquor license (beer, wine, liquor).; High-traffic location on McDowell Rd., near major highways.
How can I contact the broker?
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2438 Mcdowell Rd
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