Renotaved Restaurant For Sale or For Lease

961 W Main Street Mesa, AZ 85201

Mesa
FOR SALE FOR LEASE
Property Type:
Restaurant
Amount:
$1,500,000
Last Verified:
Mar 27, 2024

Highlights


Description

Large renovated restaurant property For Sale or For Lease. Owner is currently operating a commercial kitchen and is consolidating locations. The building could also be used for a 'Breakfast Only' restaurant use. Many options. Located directly next to a motel with daily customers.

Large renovated restaurant property For Sale or For Lease. Owner is currently operating a commercial kitchen and is consolidating locations. The building could also be used for a 'Breakfast Only' restaurant use. Many options. Located directly next to a motel with daily customers.

Phoenix location characteristics
Subject Property Location
The subject property is located at 961 West Main Street in the City of Mesa, Maricopa County, Arizona. The subject property is West of the City Center and is a good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is good in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along Main Street. The area is anticipated to experience growth in the foreseeable future due to its location on the light rail extension. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, which generally allows up to 5 stories in new construction along the light rail corridor. St. Benedictine, Wilkes Universities are located in the downtown area. ASU (Arizona State University) is discussing a new campus in the City Center.

Metro Phoenix Location
The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. Phoenix is the 6th largest city in the United States and is the financial, commercial cultural, entertainment and government center of Arizona. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.


Year Built: 1974
Building Size: 5665sq ft
Lot Size: 0.54 acres

Units for Lease

961 W Main St
Space Available: 5665 SF
Lease Type: NNN

Price Per Sqft/Month: $9000.00

Map of 961 W Main Street, Mesa, AZ, 85201

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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