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)
Listing Office: Keller Williams Arizona Realty
IDX
Last Updated: January - 30 - 2026
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