$390,000
Florence, AZ 85132
MLS# 6422972
Status: Closed
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Property Description
Charming restaurant business opportunity awaits!! Come and be a part of the historic community of Downtown Florence. This wonderful diner is located in the heart of the town, next to the always popular hardware store. The Town of Florence features several different events throughout the year. Where Main Street is closed to cars and people flock the street for a variety planned activities. Perfect for serving food and refreshments... During the summer month you can still rely on the many local government ran branches of business, that need a place for lunch breaks, and a venue for dinner. This is where timing and opportunity meet!! Call today to schedule your private viewing of the ever-popular restaurant Graces Place! More Photos to come soon...
Details
Maps
Contract Info
Current Price: $390,000
Sold Price: $390,000
Status: Closed
List Date: 2022-06-23
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: W47
House Number: 270
Compass: N
Street Name: Main
St Suffix: Street
City/Town Code: Florence
State/Province: AZ
Zip Code: 85132
Country: USA
County Code: Pinal
Legal Description (Abbrev): FLORENCE TOWNSITE
Subdivision: Historic Florence
Assessor's Map #: 44
Assessor's Parcel #: 11
Add'l Parcels: No
Assessor Number: 200-44-011
Census Tract: 901
Legal: FLORENCE TOWNSITE: S-2' OF S-23' ADJ TO W 25' X 20' OF BLK 149
Tax Municipality: Florence
Taxes: 2310.42
Tax Year: 2021
Marketing Name: Restaurant Food Service
General Property Description
Type of Property: Restaurant / Diner
Ttl Apx SqFt Bldg: 1766
# of Buildings: 1
Lot Size Dimensions: 23x145
Year Built: 1928
Uncvrd Parking Spcs: 4
Zoning: DC
Remarks & Misc
Cross Street: 8th Street
Directions: Traveling west on Butte Ave turn North onto Main Street at the stop light. Restaurant is on the left next to the hardware store.
Geo Lat: 33.033942
Geo Lon: -111.38778
Status Change Info
Status Change Date: 2022-10-13
Off Market Date: 2022-10-13
Under Contract Date: 2022-08-17
Close of Escrow Date: 2022-10-12
Sold Price: $390,000
Legal Info
Township: 04S
Range: 09E
Section: 35
Income & Expenses
Owner Association: No
Operating Exp: 2310.42
Pmt & Rate Info
Equity: 425000
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 5000
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Service Business; Restaurant; See Remarks
Stories: 1 Story
Construction: Block
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Security System; Alarm System; Safe/Vault; Phone System; Private Restrooms
Exterior: Building Sign
Fencing: None
Amenities: Basement; Kitchen; Display Window(s)
Parking: Free; Public Parking; Paved Parking
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: Up to 1 Mile
Lockbox Type: None
Special: Incorporated Area
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Reports/Disclosures: Seller Prop Disc Stm
Use Restrictions: CC&R's
Environmental: None
Listing Office: Belva's Real Estate, L.L.C.
Last Updated: October - 13 - 2022
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