$630,000
505 S MAIN Street
Florence, AZ 85132
MLS# 6935261



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Property Description
Fully built out and operational restaurant for sale on Main Street in Downtown Florence. This is a 3,111 square foot single level building situated on a large corner lot including two parcels for a total of 28,873 square feet or .66 Acre. Along with plenty of parking, the new owner can also take advantage of the existing strategic partnership with a purified water station leasing space on the far South side of the parking lot for additional monthly income. The restaurant is currently operating with a series 12 liquor license and offering a full menu featuring authentic traditional Mexican food and more. Great layout with large dinning room, full kitchen with multiple vent hoods, private party room, 2 separate bars, dishwasher, grease trap, floor drains, large walk in cooler, water filters

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $630,000
List Price: $630,000
Status: Active
List Date: 2025-10-13
Location, Tax & Legal
Assessor's Map #: 3
Legal Description (Abbrev): LOT 9 BLOCK 21 DOUGLAS ADDITION CAB 1 SLD 4
Assessor's Parcel #: 84
Add'l Parcels: Yes
Tax Municipality: Florence
Census Tract: 902
Taxes: 2915
Legal: LOT 9 BLOCK 21 DOUGLAS ADDITION CAB 1 SLD 4
House Number: 505
Compass: S
Street Name: MAIN
St Suffix: Street
City/Town Code: Florence
State/Province: AZ
Zip Code: 85132
Zip4: 0025
Country: US
County Code: Pinal
Subdivision: DOUGLAS ADDITION
Assessor Number: 202-03-084
Tax Year: 2024
General Property Description
Type of Property: Restaurant
Ttl Apx SqFt Bldg: 3111
# of Buildings: 1
Uncvrd Parking Spcs: 48
Stories: 1
Year Built: 1950
Zoning: RETAIL
Currently Not Used
Sold Price Per SqFt: 202.51
Legal Info
Range: 09E
Section: 01
Township: 05S
Lot Number: 9
Construction
Block: 1
Roofing
Built-Up: 1
Foam: 1
Floors
Tile: 1
Concrete: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2915
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Business Type
Restaurant: 1
Pmt & Rate Info
Equity: 180000
1st Encumbrance: 400000
2nd Encumbrance: 70000
Total Owed: 470000
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Forced Air: 1
Cooling
Central Air: 1
Interior Features
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
Grade Level: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Road Access Type
City Street: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Pole Sign: 1
Sidewalk(s): 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
5,001 to 15,000: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Patio/Deck: 1
Accessible Entrance: 1
Reception Room: 1
Display Window(s): 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Electric
Other (See Remarks): 1
Gas
Natural Gas: 1
New Financing
Cash to Loan: 1
Owner May Carry: 1
Wrap: 1
Sale/Leaseback: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Private: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 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: Main Street & Virginia Street
Directions: South East Corner
Geo Lat: 33.026803
Geo Lon: -111.387217
Property Features
Building Type: Commercial
Business Type: Restaurant
Construction: Block
Roofing: Built-Up; Foam
Floors: Tile; Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Forced Air
Cooling: Central Air
Loading Facilities: Grade Level
Interior Features: Private Restrooms; Public Restrooms
Exterior: Corner Lot; Dual Street Ftg; Pole Sign; Sidewalk(s); Security Light(s)
Fencing: Partial
Building Features: Patio/Deck; Accessible Entrance; Reception Room; Display Window(s)
Appliances Included: Dishwasher; Refrigerator
Parking Features: Parking Lot
Road Access Type: City Street
Road Responsibility: City Maintained Road
Electric: Other (See Remarks)
Gas: Natural Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan; Owner May Carry; Wrap; Sale/Leaseback
Showing Notification Methods: 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: Private
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 5,001 to 15,000
Environmental: None
Supplements
system, natural gas, 3 restrooms two for customers and one for employees in back private office.

IDX
Listing Office: RE/MAX Fine Properties

Last Updated: May - 31 - 2026

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