Address
524 W University Drive Tempe, AZ
Price
$ 3,500,000
Property Attributes
  • MLS#6200202
  • TypeCommercial
  • CountyMARICOPA
  • CityTempe
  • NeighborhoodState Plat No 12 Amd
  • Zip85281
  • StyleBar,Restaurant,Service Business,Retail,Fast Food,F
  • Year Built1990
  • Taxes$ 14215
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2805
  • Lot Size0.54 Acres
Listing Provided Courtesy Of:
FDR Real Estate
Data Source:
Arizona Regional MLS (ARMLSN) - 22 - AZ
Property Description

LOCATION!LOCATION!LOCATION! DRASTICALLY REDUCED! EZ FRWY ACCESS.ASU WALKING DISTANCE.POTENTIAL HIGHRISE.OWN LAND WITH AMPLE PKG SPACE.CURRENTLY A FINE CHINESE DINING RESTAURANT IN OPERATION OVER 20+YEARS.APPROX.2800SF USABLE ONE STORY BLDG.BUSINESS;GOODWILL;FIXTURES INCL'D IN PRICE.PERSONAL BELONGINGS & INVENTORIES SEP.SALE. AS IS CONDITION AND CASH ONLY WILL BE CONSIDERED.CALL4PRIVATE OFF HOUR TOUR ONLY. DO NOT DISTURB.SHOW &SELL.OWNER MOTIVATED.RESTAURANT BUSINESS ALSO4SALE$200000.LEASE$7500+NNN.NO IMPROVEMENTS NECESSARY.WALK-IN AND START MAKING MONEY IMMEDIATELY.HURRY. DONT WAIT. THIS IS AN OPPORTUNITY OF A LIFE TIME.TAKING OVER A VERY SUCCESSFUL WELL ESTABLISHED BUSINESS. COME SEE. GUARANTEE-YOU WILL LOVE IT. SELLER/AGENT RELATED.CALL4PRIVATE TOUR TODAY!!!

Price History
2/27/2021 Listed $4,000,000
5/20/2021 13% - $3,500,000

General Features

Building Type Commercial
Ceiling Height 8 Feet or Less
Construction Block
Cooling Central A/C
Electric 3 Phase Power, APS
Exterior Features Building Sign, Sprinkler Sys-Ground, Monument Sign
Gas Y/N SW Gas
Heating Electric, Gas
Interior Features Finished, Smoke Detector(s), Public Restrooms
Map Code/Grid R36
Ownership Fee Simple
Parking Paved Parking, Private Parking
Present Use Bar, Restaurant, Service Business, Retail, Fast Food, Food Service
Property Type D
Roof Comp Shingle
Sewer Sewer - Public
Status Active
Stories 1 Story
Water City Franchise
Year Built 1990
Zoning C-1

Interior Features

Floors Ceramic Tile
Subdivision STATE PLAT NO 12 AMD

Exterior Features

Public Remarks LOCATION!LOCATION!LOCATION! DRASTICALLY REDUCED! EZ FRWY ACCESS.ASU WALKING DISTANCE.POTENTIAL HIGHRISE.OWN LAND WITH AMPLE PKG SPACE.CURRENTLY A FINE CHINESE DINING RESTAURANT IN OPERATION OVER 20+YE
Covered Parking Spcs 0.00
Fencing Block
Lot Size Dimensions .54 ACRE
Total Parking Spcs 34.00
Uncvrd Parking Spcs 34.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 85281

Price
AVG $2.25M
$3.5M
Taxes
AVG $7,751
$14,215
Visits
AVG 85
158
Year Built
AVG 1968
1990

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