$1,500,000
Phoenix, AZ 85031
MLS# 6947905
1 / 39
Property Description
Incredible opportunity to own a fully operational, Established restaurant with steady clientele and major upgrades completed from 2020-2025. This turn-key business features a new roof, updated plumbing and electrical, new flooring, sheetrock, full insulation, soundproofing, and a new ceiling. Interior improvements include a remodeled bar (2020 & 2022), updated seating, patio area, and two pool tables. The kitchen is exceptionally equipped with a walk-in cooler and freezer, upgraded compressor (2023), double extractor hoods (one 2025), stoves, flat-top grill, prep tables, coolers, freezers, fryer, and a large 1,600-gallon grease trap. Additional features include a sound system (2023), 10 TVs, live-music license, security camera system, and an Arizona Series 12 (Restaurant) Liquor
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,500,000
List Price: $1,500,000
Status: Active
List Date: 2025-11-15
Location, Tax & Legal
Assessor's Map #: 19
Legal Description (Abbrev): PT NW4 NW4 DAF BEG AT NW COR SEC TH E 445.88F TO PT 20F W OF NW COR OF BRAEWOOD ESTATES TH S 40.0F
Assessor's Parcel #: 5
Assessor Parcel Ltr: G
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 112302
Taxes: 14023
Legal: PT NW4 NW4 DAF BEG AT NW COR SEC TH E 445.88F TO PT 20F W OF NW COR OF BRAEWOOD ESTATES TH S 40.0F
House Number: 5037
Compass: W
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85031
Zip4: 4008
County Code: Maricopa
Subdivision: To followed in escrow.
Assessor Number: 103-19-005-G
Tax Year: 2024
General Property Description
Ttl Apx SqFt Bldg: 2904
# of Buildings: 1
Uncvrd Parking Spcs: 38
Year Built: 1979
Zoning: CN Commercial
Currently Not Used
Sold Price Per SqFt: 516.53
Legal Info
Range: 2E
Section: 33
Township: 2N
Construction
Block: 1
Wood Frame: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Restaurant: 1
Fast Food: 1
Retail: 1
Food Service: 1
Pmt & Rate Info
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Heat Pump: 1
Cooling
Central Air: 1
Heat Pump: 1
Interior Features
Security System: 1
Public Restrooms: 1
Loading Facilities
Other (See Remarks): 1
Road Surface Type
Asphalt: 1
Exterior
Roof Sign: 1
Pole Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
35,001 to 50,000: 1
Fencing
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Kitchen: 1
Display Window(s): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
New Financing
Cash Only: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Remarks Misc
Cross Street: 51st th Ave and S. of Thomas Rd
Geo Lat: 33.48001
Geo Lon: -112.167718
Property Features
Building Type: Commercial
Business Type: Restaurant; Fast Food; Retail; Food Service
Construction: Block; Wood Frame
Roofing: Composition
Floors: Ceramic Tile
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Central Air; Heat Pump
Loading Facilities: Other (See Remarks)
Interior Features: Security System; Public Restrooms
Exterior: Roof Sign; Pole Sign
Fencing: Other; See Remarks
Building Features: Kitchen; Display Window(s)
Parking Features: Free; Paved
Electric: SRP; Individual Meter
Gas: SW Gas; Individual Meter
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: 35,001 to 50,000
Environmental: None
Listing Office: American Freedom Realty
Last Updated: December - 05 - 2025
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