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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

108 Western Ave N Litchfield Rd And W Western Ave Goodyear, AZ 85338

11,705 SF Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 11,705-square-foot storefront, located at 108 E Western Ave in Goodyear, Arizona, presents a unique owner-user opportunity. Built in 1940 and extensively renovated in 2019, this single-story, Class C retail building boasts a prominent corner location at the intersection of Western Avenue and Litchfield Road. The property features arched vaulted ceilings with exposed rafters, adding to its historical charm. An attractive fenced indoor/outdoor lounge area and a separate patio facing Litchfield Road enhance the space's versatility. Ample parking is available in a new public lot directly behind the building, providing approximately 2 spaces per 1,000 square feet. The property is zoned PAD and offers convenient access to I-10 Papago Freeway, Phoenix-Goodyear Airport, and the Goodyear Civic Center. Its location within walking distance of various amenities and its prominent frontage on two major roads make it an ideal location for a variety of businesses. The asking price is $4,200,000, translating to $359 per square foot. The property is currently vacant and is available for sale under a NNN lease type. The APN is 500-15-153A. This property is situated in an Opportunity Zone.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Total area 11,705 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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