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$1,895,000

  • For Sale
  • Active
  • Commercial
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True Hard-Corner Retail Opportunity for sale is a freestanding ±2,400 SF convenience store located on a true hard corner at North 40th Street and East McDowell Road in East Phoenix. The property sits on a ±15,769 SF lot with excellent frontage of ±120 feet on 40th Street and ±130 feet on McDowell Road, providing strong visibility, access, and signage exposure.The property is zoned C-2 (Intermediate Commercial) and the existing tenant is month-to-month, creating an ideal value-add or owner-user opportunity. Buyers can re-lease at market rates, re-tenant, or occupy the building. The site benefits from strong traffic counts with approximately 32,000+ vehicles per day on McDowell Rd and 16,000+ vehicles per day on 40th St.

Full Property Details for 4002 E McDowell Rd

General

  • Price: $1,895,000
  • Taxes: $6,278 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6960456
  • Updated: 12/23/2025
  • Added to Site: 24 day(s) ago

Business

  • Business Type: Retail

Rental Information

  • Complex Features: Physcl Chlgd (SRmks), Showroom, Display Window(s)

Parking

  • Parking Features: Parking Lot, Paved, Free

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: N/A
  • Cross Streets: N 44th St & E McDowell Rd

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Built-Up
  • Year Built: 1979

Lot Features

  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,769
  • Lot Dimensions: 129.49-121.24-111.90-22.97-105.40
  • Zoning: C-C

Financial Considerations

  • Tax Amount: $6,278
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: E 130F OF W 163F OF S 163F M/L OF W2 SW4 SW4 SW4 EX S 40F & EX 20F X 20F TRI IN SW COR
  • Property ID: 126-06-047-A
  • Range: 4E
  • Section: 31
  • Lot Number: 1

Listed by American Realty Brokers

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Listing agent

— 4002 E McDowell Rd —

  • American Realty Brokers

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4002 E McDowell Rd

School Districts:Balsz Elementary District, Phoenix Union High School District
NameGradesDistance
Griffith Elementary School
4505 East Palm Lane, Phoenix, AZ 85008
K-50.7 mi
Pat Tillman Middle School
4309 East Belleview Street, Phoenix, AZ 85008
6-80.5 mi
Camelback High School
4612 North 28th Street, Phoenix, AZ 85016
9-123.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4002 E McDowell Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/23/2025
Listed
$1,895,000
260.95%
MLS
12/31/2009
Sold
$525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4002 E McDowell Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,278
3%
$97,600
6%
2024
$6,093
-2%
$92,077
4%
2023
$6,218
1%
$88,746
20%
2022
$6,171
—
$73,831
9%
2022
$6,171
-4%
$67,644
1%
2021
$6,453
2%
$67,248
18%
2020
$6,334
—
$57,042
1%
2019
$6,310
6%
$56,538
37%
2018
$5,943
4%
$41,346
6%
2017
$5,693
2%
$38,844
9%
2016
$5,570
-18%
$35,676
-22%
2015
$6,755
12%
$45,492
6%
2014
$6,037
-9%
$42,940
-9%
2013
$6,600
—
$47,413
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by American Realty Brokers

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4002 E McDowell Road, Phoenix, AZ 85008 (MLS# 6960456) is a Commercial property. 4002 E McDowell Road is currently listed for $1,895,000 and was received on December 23, 2025. Want to learn more about 4002 E McDowell Road? Do you have questions about finding other Commercial real estate for sale in Camelback East? You can browse all Camelback East real estate or contact a Coldwell Banker agent to request more information.

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