8719 E COLUMBUS Avenue, Scottsdale, AZ 85251
$1,250,000
Property Type:
Business Opportunity
Square Footage:
1,993
Status:
Active
Current Price:
$1,250,000
Last Modified:
1/30/2026
Description
Single-story residential property located in Scottsdale offering a documented pathway for potential use as a small senior assisted living home, subject to buyer verification and all required approvals. The approximately 2,000 SF residence is situated in an established neighborhood and features a functional layout well suited for accessibility-oriented residential use. City-level eligibility for a care-home use has been identified, providing a clear starting point for buyers exploring residential care conversion opportunities.
The property presents a value-add scenario with multiple potential strategies, including continued residential use or pursuit of licensing through the Arizona Department of Health Services and applicable fire and building codes. No business operations are....
Supplements: included. Buyer to independently verify zoning, licensing, use, and all regulatory requirements.
More Information MLS# 6976913
General Property Description
Sold Price Per SqFt: 627.2
Ttl Apx SqFt Bldg: 1993
Uncvrd Parking Spcs: 2
Income & Expenses
# Full Time Employee: 3
# Part Time Employee: 2
Annual Gross Sales: 437760
Annual Cst Goods Sld: 240000
Annual Operating Exp: 115000
Owners Draw Included: Yes
Annual Owners Salary: 70000
Annual Mngr Salary: 75000
Anl Int (Non-RelEst): 6000
Annual Depreciation: 14000
Annual Fringes: 8000
Adjusted Net Income: 105760
Apx Value of Cash: 2500
Ap Val Frn,Fxt & Eqp: 55000
Apx Val Inventory: 4000
Business Type
Other: 1
Pmt & Rate Info
Equity: 1250000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 1
Type of Lease
Other - See Remarks: 1
Form of Ownership
Other - See Remarks: 1
Sale Price Includes
Other - See Remarks: 1
Lease Information
None: 1
Hours of Operation
Other - See Remarks: 1
Business Age
Less Than 1 Year: 1
Heating
Natural Gas: 1
Current Ownership
Less Than 1 Year: 1
Cooling
Central Air: 1
Business Location
Other - See Remarks: 1
Expenses Include
Other: 1
Business/Tenant Pays
Other: 1
Source of Fincl Data
Unknown: 1
Other (See Remarks): 1
Water Source
Other: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
SRP: 1
Gas
SW Gas: 1
New Financing
Cash: 1
Conventional: 1
Current Financing 1
Treat as Free & Clr: 1
Current Financing 2
Treat as Free & Clr: 1
Current Financing 3
Treat as Free & Clr: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Contract Info
Current Price: $1,250,000
List Price: $1,250,000
Status: Active
List Date: 2026-01-30
Location
House Number: 8719
Compass: E
Street Name: COLUMBUS
St Suffix: Avenue
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
County Code: Maricopa
Assessor Number: 130-41-090
Remarks Misc
Cross Street: Indian School Rd and 87th Terrace
Directions: From Indian School Rd, South to 87th St. West to Columbus Ave Fourth house on the left
Geo Lat: 33.489489
Geo Lon: -111.892859
Income Expenses
Net Operating Income: 82760
Property Features
Business Type: Other
Form of Ownership: Other - See Remarks
Sale Price Includes: Other - See Remarks
Lease Information: None
Hours of Operation: Other - See Remarks
Type of Lease: Other - See Remarks
Business Age: Less Than 1 Year
Current Ownership: Less Than 1 Year
Business Location: Other - See Remarks
Expenses Include: Other
Source of Fincl Data: Unknown; Other (See Remarks)
Parking Features: Other
Electric: SRP
Gas: SW Gas
Water Source: Other
Sewer: Sewer - Public
Heating: Natural Gas
Cooling: Central Air
Lockbox Type: See Private Remarks
Current Financing 1: Treat as Free & Clr
Current Financing 2: Treat as Free & Clr
Current Financing 3: Treat as Free & Clr
New Financing: Cash; Conventional
Environmental: Other (See Remarks)
Documents
Listing Office:
Keller Williams Arizona Realty
Last Updated: January - 30 - 2026
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