$17,000
Tempe, AZ 85283
MLS# 6539589
Status: Closed
1 / 19
Property Description
One of a kind waterfront property in a great Tempe location. 10,000 square foot restaurant & bar situated on a 2.27 acre waterfront lot in The Lakes. 500+/- feet of shoreline. Private boat dock with pontoon boat, expansive outdoor seating and gorgeous out of this State views. Ample parking with 96 spaces, surrounded by professional office space and large residential community. Close proximity to both US 60 and AZ Loop 101. Full kitchen, private office, separate dining rooms and private party room, large bar, multiple patios on the water. Many possible uses with PCC / C-C zoning, Currently it is a restaurant and bar. Other possible uses besides premium restaurant and event hall space include religious facility, commercial kitchen, private club & development possibilities
Details
Maps
Contract Info
Lease Type: NNN
Current Price: $17,000
Lease Price/HiSeason: 20000
Status: Closed
List Date: 2023-04-03
Location, Tax & Legal
Assessor's Map #: 2
Legal Description (Abbrev): THE LAKES MCR 131/36 TR P EX BEG AT WLY R/W LI OF LAKESHORE DR WITH NLY LI TRACT N TH N 45D 43M W 21
Assessor's Parcel #: 26
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319903
Taxes: 24040
Tax District: 031600
Legal: THE LAKES MCR 131/36 TR P EX BEG AT WLY R/W LI OF LAKESHORE DR WITH NLY LI TRACT N TH N 45D 43M W 21
Marketing Name: Waterfront Restaurant Bar
Map Code/Grid: S37
House Number: 5250
Compass: S
Street Name: LAKESHORE
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 1441
County Code: Maricopa
Subdivision: LAKES
Assessor Number: 301-02-026-A
Tax Year: 2022
General Property Description
Type of Property: Restaurant / Bar
Ttl Apx SqFt Bldg: 9987
Ttl Apx Net Rnt Spc: 9986
# of Buildings: 1
Uncvrd Parking Spcs: 96
Year Built: 1973
Zoning: PCC 1
Legal Info
Range: 4E
Section: 2
Township: 1S
Lot Number: NA
Construction
Block: 1
Roofing
Tile: 1
Foam: 1
Floors
Vinyl: 1
Building Type
Commercial: 1
Office: 1
Other (See Remarks): 1
Business Type
Service Business: 1
Restaurant: 1
Food Service: 1
Bar/Tavern/Lounge: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Lease Info
Suite Size Avail Max: 9986
Space Divisible: No
Annual Lease Price: 239664
Annual Lse Prc P/SF: 24
Base Rent Escalation: Yes
Lease Year (Min-Max): 3
Annual CAM/SqFt: 3.08
Annual Exp Stop/SqFt: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Type of Lease
NNN: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Heat Pump: 1
Cooling
Central Air: 1
Landlord Pays
None: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Security System: 1
Security Camera(s): 1
Safe/Vault: 1
Phone System: 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
Grade Level: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Sewer: 1
Trash Collection: 1
Fire Insurance: 1
Contents Insurance: 1
Glass Insurance: 1
Liability Insurance: 1
Janitorial Service: 1
Common Area Maintenance: 1
Capital Improvements: 1
Parking Area Maint: 1
Taxes: 1
Move in Costs
1st Months Rent: 1
Deposit(s): 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Monument Sign: 1
Security Light(s): 1
Fencing
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Individual Meter: 1
Freeway/Highway
Up to 1 Mile: 1
Building Features
Conference Room: 1
Reception Room: 1
Kitchen: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Paved: 1
Electric
SRP: 1
3 Phase Power: 1
Gas
SW Gas: 1
None: 1
Special
Owner/Agent: 1
Lease Includes
Building & Land: 1
Lease Conditions
Other (See Remarks): 1
Use Restrictions
Existing Easement(s): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Cell Phn2: 646-206-0905
Remarks Misc
Cross Street: Baseline and Rural
Directions: South of Baseline Road on right side of South Lakeshore Road
Geo Lat: 33.375898
Geo Lon: -111.919623
Status Change Info
Off Market Date: 2024-02-20
Under Contract Date: 2024-02-20
Close of Escrow Date: 2024-02-20
Sold Price: $17,000
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Service Business; Restaurant; Food Service; Bar/Tavern/Lounge; Other; See Remarks
Type of Lease: NNN
Stories: 1 Story
Construction: Block
Roofing: Tile; Foam
Floors: Vinyl
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Heating: Heat Pump
Cooling: Central Air
Landlord Pays: None
Tenant Pays: Gas; Electricity; Water; Sewer; Trash Collection; Fire Insurance; Contents Insurance; Glass Insurance; Liability Insurance; Janitorial Service; Common Area Maintenance; Capital Improvements; Parking Area Maint; Taxes
Move in Costs: 1st Months Rent; Deposit(s)
Interior Features: Finished; Fire Sprinklers; Security System; Security Camera(s); Safe/Vault; Phone System; Private Restrooms; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Monument Sign; Security Light(s)
Loading Facilities: Grade Level
Fencing: Other; See Remarks
Building Features: Conference Room; Reception Room; Kitchen
Parking Features: Parking Lot; Paved
Electric: SRP; 3 Phase Power
Gas: SW Gas; None
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Road Surface Type: Asphalt
Lease Includes: Building & Land
Lease Conditions: Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: None
Special: Owner/Agent
Use Restrictions: Existing Easement(s)
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
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