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600 W Van Buren St
Phoenix, AZ 85003

$5,915,000 USD

Hotel For Sale  •  21,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 21,500 SF
  • Lot Size 0.25 AC
  • Building Class C
  • Year Built 1958
  • Cap Rate 9.80 %
  • Tenancy Single
  • Zoning C-G
64 Transit Score
87 Walk Score

Highlights

Located near major attractions like Footprint Center, Chase Field, and Phoenix Convention Center, attracting over 1 million annual visitors.
Special Terms for Joint Venture Partnership Opportunity.
Opportunity to expand from 43 rooms to 119+ luxury hotel rooms, capturing the growing demand for upscale accommodations in Phoenix.
Cap Rate: 9.80 %

Amenities

  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Public Transportation

Transit/SubwayDriveWalkDistance
Van Buren/1St Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 9 min 0.5 mi
Van Buren/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 9 min 0.5 mi
Jefferson/1St Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 12 min 0.6 mi
Washington/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 12 min 0.6 mi
3Rd St/Washington (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 12 min - 5.9 mi
Phoenix-Mesa Gateway 44 min - 32.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Hunter Davis 602-946-4371 Matthews Real Estate Investment Services
Hunter Davis 602-946-4371 Matthews Real Estate Investment Services