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    2438 Mcdowell Rd Phoenix, AZ 85008

    Sponsored
    For Sale
    $800,000

    Established Bar, Liquor License, High Traffic

    Property size:
    4,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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.

    Property Features for 2438 Mcdowell Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,100 SF

    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 Profile Location Intelligence

    Current Use by Public Records

    Premier Restaurant Supply ... Restaurant Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0285876
    Latitude
    33.4660526

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    FAQs

    What type of property is this?
    Individual retail property - Established Bar, Liquor License, High Traffic
    Where is this individual retail 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.
    Request Owner's contact information
    2438 Mcdowell Rd Phoenix, AZ 85008
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    Phoenix, AZ 85008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2438 Mcdowell Rd Phoenix, AZ 85008
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