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Executive Summary

Prime Phoenix Asset Ready for Transformation
Formerly the Berkshire Retirement Hotel, this property offers a rare chance to reimagine a centrally located asset in Phoenix. While currently unoccupied due to a past fire, it holds exceptional potential for a wide range of uses. Envision a state-of-the-art in-patient behavioral health facility, modern assisted or independent living, a boutique hotel, apartments, or another high-demand development. Permits approved and previously pulled, buyer will need to reinstate with City of Phoenix.
The City of Phoenix has already approved plans for the reconstruction of 144 beds within 43 rooms, streamlining the path to redevelopment and maximizing value for forward-thinking investors or operators.

Data Room Click Here to Access

Property Facts

Price $1,400,000
Price Per Bed $32,558
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 0.57 AC
Construction Status Under Renovation
Building Size 24,820 SF
No. Beds 43
No. Stories 3
Year Built/Renovated 1970/2026
Parking Ratio 0.68/1,000 SF
Opportunity Zone Yes
Zoning C-1/C-2 - C-1/C-2 Commercial

Amenities

  • Smoke Detector
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
117-24-077A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$62,808
  • Listing ID: 37071257

  • Date on Market: 8/1/2025

  • Last Updated:

  • Address: 1310 E McDowell Rd, Phoenix, AZ 85006

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