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Each Office Independently Owned and Operated kwcommercial.com KW COMMERCIAL 2077 East Warner Road, #110 Tempe, AZ 85284 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. HANI ALDULAIMI Keller Williams Realty East Valley 0: 480.900.8484 C: 480.900.8484 [email protected] OFFERING SUMMARY SALE PRICE: $450,000 LOT SIZE: 12,740 SF YEAR BUILT: 1918 BUILDING SIZE: 5,944 SF ZONING: CCM - PAD PRICE / SF: $75.71 PROPERTY OVERVIEW Exceptional opportunity to redevelop an iconic symbol of Peoria's past. The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from a park with restaurants, theatre, museum and retail establishments just steps away. Property can be revitalized into a contempary lodging, multi-family, retail or mixed use. The Town of Peoria has incentives to bring this building back into current use or raze and develop your own concept. PROPERTY HIGHLIGHTS Located within Peoria's Old Town Commercial Revitalization Program zone Rapidly growing young community - 330,000+ residents within 5 miles Easy access from US 60/Grand Avenue and Loop 101 Close to P83 and Westgate Entertainment Districts Large lot to accommodate a variety of uses 8325 W Washington Street, Peoria, AZ 85345 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA HISTORIC HOTEL FOR SALE

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

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Page 1: 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2077 East Warner Road, #110Tempe, AZ 85284

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

HANI ALDULAIMIKeller Williams Realty East Valley0: 480.900.8484C: [email protected]

OFFERING SUMMARY

SALE PRICE: $450,000

LOT SIZE: 12,740 SF

YEAR BUILT: 1918

BUILDING SIZE: 5,944 SF

ZONING: CCM - PAD

PRICE / SF: $75.71

PROPERTY OVERVIEWExceptional opportunity to redevelop an iconic symbol of Peoria'spast. The Edward's Hotel c 1918 put Peoria AZ on the map as athriving community. Ideally located in the center of Old TownPeoria across from a park with restaurants, theatre, museum andretail establishments just steps away. Property can be revitalizedinto a contempary lodging, multi-family, retail or mixed use. TheTown of Peoria has incentives to bring this building back intocurrent use or raze and develop your own concept.

PROPERTY HIGHLIGHTS• Located within Peoria's Old Town Commercial Revitalization

Program zone

• Rapidly growing young community - 330,000+ residents within 5miles

• Easy access from US 60/Grand Avenue and Loop 101

• Close to P83 and Westgate Entertainment Districts

• Large lot to accommodate a variety of uses

8325 W Washington Street, Peoria, AZ 85345

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA

HISTORIC HOTEL FOR SALE

Page 2: 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2077 East Warner Road, #110Tempe, AZ 85284

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

HANI ALDULAIMIKeller Williams Realty East Valley0: 480.900.8484C: [email protected]

Front Washington Street View

Park View Across Washington Street Side View 83rd Drive

8325 W Washington Street, Peoria, AZ 85345

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA

HISTORIC HOTEL FOR SALE

Page 3: 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2077 East Warner Road, #110Tempe, AZ 85284

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

HANI ALDULAIMIKeller Williams Realty East Valley0: 480.900.8484C: [email protected]

8325 W Washington Street, Peoria, AZ 85345

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA

HISTORIC HOTEL FOR SALE

Page 4: 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2077 East Warner Road, #110Tempe, AZ 85284

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

HANI ALDULAIMIKeller Williams Realty East Valley0: 480.900.8484C: [email protected]

8325 W Washington Street, Peoria, AZ 85345

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA

HISTORIC HOTEL FOR SALE

Page 5: 3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA...The Edward's Hotel c 1918 put Peoria AZ on the map as a thriving community. Ideally located in the center of Old Town Peoria across from

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2077 East Warner Road, #110Tempe, AZ 85284

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

HANI ALDULAIMIKeller Williams Realty East Valley0: 480.900.8484C: [email protected]

POPULATION 1 MILE 3 MILES 5 MILES

Total population 17,324 113,765 331,787

Median age 33.0 40.6 38.9

Median age (male) 34.0 39.3 38.5

Median age (Female) 35.9 43.0 41.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,865 44,860 127,250

# of persons per HH 3.0 2.5 2.6

Average HH income $63,395 $68,650 $66,295

Average house value $222,255 $204,061 $201,744

* Demographic data derived from 2020 CoStar estimates

8325 W Washington Street, Peoria, AZ 85345

3 STORY EDWARD'S HOTEL - PEORIA, ARIZONA

HISTORIC HOTEL FOR SALE