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AZ
Wickenburg
85390
621 Wickenburg Way

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FOR SALE

Commercial real estate

621 W Wickenburg Way, Wickenburg, AZ 85390

0.14 ac lot Built 1961

Entity Owned ~ Est. High Equity

Property ID

US07-0981749

$695,000

621 W Wickenburg Way, Wickenburg, AZ 85390
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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.