621 Wickenburg Way Wickenburg, AZ 85390

Property Details for 621 Wickenburg Way

Year built

1961

Construction

CONCRETE

Lot size

0.14 lot acres

Zone code

C-3

Property type

Commercial real estate

APN

505-33-025

APU

50533025

Description

This exceptional commercial property located at 621 W Wickenburg Way, Wickenburg, Arizona, presents a unique investment opportunity. The property encompasses a well-established building currently occupied by a Chinese restaurant tenant with a remarkable 34+ year history. The building sits on a sizable 0.56-acre lot comprised of four parcels, offering significant potential for expansion and future development. Currently operating under a month-to-month lease, the tenant has expressed willingness to negotiate a long-term lease agreement. The current monthly rent is $3,200. The property is zoned C3, providing flexibility for various commercial uses. The sale includes both the building and all four parcels, making this a comprehensive and attractive package. The property's long-standing tenant and substantial land area create a solid foundation for a strong return on investment, whether through continued lease income or redevelopment. This is a rare chance to acquire a well-positioned commercial property in a thriving Arizona community. The existing structure is in good condition and ready for immediate income generation. The expansive lot size allows for future expansion or the addition of complementary businesses. This property is ideal for investors seeking a stable income stream with significant upside potential. The C3 zoning offers a wide range of possibilities for future development. Don't miss this opportunity to acquire a prime commercial property in a desirable location.

Location Insight

City

Wickenburg

County

Maricopa

State

Arizona

Longitude

-112.742

Latitude

33.9661

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments