$699,000
Strawberry, AZ 85544
MLS# 6564473
1 / 64
Property Description
RARE C3 zoning on busy main highway in the heart of Strawberry, AZ. Currently popular restaurant + studio apt. Walking distance to hotels, wedding venues and neighborhoods. C3 zoning allows for many different uses; this building has thrived as a restaurant (w/small attached living quarters/office). Spacious 3200sq ft interior. Large covered front patio and lush green back-yard patio with outdoor bar service. Abundant parking, full service kitchen with vent hood, extra large grease interceptor, walk-in cooler. Most equipment and furnishings avail on separate bill of sale. Keep as is, or change use to suit your needs.
Details
Maps
Contract Info
Current Price: $699,000
List Price: $699,000
Status: Active
List Date: 2023-06-03
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C71
House Number: 5079
Compass: N
Street Name: AZ HIGHWAY 87
St Suffix: Highway
City/Town Code: Strawberry
State/Province: AZ
Zip Code: 85544
Zip4: 2508
Country: USA
County Code: Gila
Legal Description (Abbrev): SUBDIVISION: STRAWBERRY KNOLLS - UNIT 3 LOT: 4-5 SECTION: 22 TOWNSHIP: 12N RANGE: 08E PLAT 316, EXC
Assessor's Map #: 10
Assessor's Parcel #: 4
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 301-10-004-A
Census Tract: 100
Legal: SUBDIVISION: STRAWBERRY KNOLLS - UNIT 3 LOT: 4-5 SECTION: 22 TOWNSHIP: 12N RANGE: 08E PLAT 316, EXC
Tax Municipality: Gila - COUNTY
Taxes: 2936
Tax Year: 2023
Marketing Name: C3 Zoning on main highway
General Property Description
Type of Property: C3 zoned RESTAURANT use
Ttl Apx SqFt Bldg: 3200
# of Buildings: 1
Year Built: 1986
Uncvrd Parking Spcs: 29
Zoning: C3-RARE
Remarks & Misc
Cross Street: Highway 87, ''downtown'' Strawberry, AZ
Directions: Right on the main highway in STRAWBERRY, AZ.
Geo Lat: 34.40677
Geo Lon: -111.492014
Status Change Info
Status Change Date: 2023-06-03
Legal Info
Township: 12N
Range: 08E
Section: 22
Lot Number: 4-5
Income & Expenses
Owner Association: No
Operating Exp: 2936
Gross Annual Sch Inc: 800000
Adjusted Gross Inc: 800000
Net Operating Income: 200000
Pmt & Rate Info
Equity: 699000
Property Features
Building Type: Commercial
Current Use: Mixed Use; Restaurant; Office; Food Service; Bar
Stories: 1 Story
Construction: Frame - Wood
Roofing: Comp Shingle; Metal
Floors: Wood
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Propane
Cooling: Other
Loading Facilities: Grade Level
Interior: Finished; Public Restrooms
Exterior: Pole Sign; Building Sign; Monument Sign
Fencing: Partial
Amenities: Reception Room; Kitchen; Showers - Office
Parking: Private Parking
Electric: APS
Gas: Propane Piped
Water: Community Franchise
Sewer: Septic in & Cnctd
Freeway/Highway: Frontage
Railroad: Other (See Remarks)
Showing Notification Methods: Text
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Roads/Streets: Asphalt
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Supplements
Strawberry is in great need of a full service breakfast place. Any experienced operator, who opened from 7am-2pm, would KILL IT!! Take a look around: at PIEbar, Mama Joes, Strawberry Lodge, etc...there is HUGE money making potential here in this little, mile-high paradise. At this price, with proper management, your return on investment will be less than 1.5 years. DON'T WAIT. If you have a client thinking of making the move...JUMP on this deal. If you've got another restaurant concept in mind, that'll work too. Thai? Sushi? Mexican, BBQ? It'll go. We literally have lines out the door and hour-long wait times in season. WE NEED more restaurants to keep up with demand. Make this one YOUR dream come true. Seller may carry with very large down.
Listing Office: Strawberry Realty
Last Updated: January - 23 - 2024
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