$535,000
Mesa, AZ 85207
MLS# 6057657
Status: Closed
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Property Description
Highly successful Italian restaurant on Apache Trail (Main Street) in East Mesa. Roma Cafe has been in business for 15 years - 10 years in this location. The list price includes the real property as well as the assets of the business. All F, F & E, inventory, good will and non-compete agreement is included. The building has been carefully maintained and has a drive-thru capability as well as ample parking in this parcel which is over an acre. Do not disturb the occupants.
Details
Maps
Contract Info
Current Price: $535,000
Sold Price: $535,000
Status: Closed
List Date: 2020-03-27
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: R42
House Number: 7210
Compass: E
Street Name: MAIN
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
Zip4: 8302
Country: USA
County Code: Maricopa
Legal Description (Abbrev): SUNRISE PROPERTIES UNIT 1 (2ND AMD) MCR 224-40 S 215F OF W 215F OF TRACT A
Subdivision: SUNRISE PROPERTIES 1 AMENDMENT 2 TR A-G
Assessor's Map #: 17
Assessor's Parcel #: 27
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 218-17-027-A
Census Tract: 420113
Legal: Sunrise Properties Unit 1 (2nd Amd) MCR 224-40 S 215F of Tract A
Tax Municipality: Mesa
Taxes: 11330
Tax Year: 2019
Marketing Name: Cafe Roma
General Property Description
Ttl Apx SqFt Bldg: 4153
# of Buildings: 1
Year Built: 1984
Uncvrd Parking Spcs: 32
Zoning: C-2
Remarks & Misc
Cross Street: 72nd Street
Directions: From US 60, north on Power Road, east on Main Street to property.
From SR 202 Red Mountain Freeway, west on Main Street to property.
Geo Lat: 33.415866
Geo Lon: -111.675608
Status Change Info
Status Change Date: 2021-05-01
Off Market Date: 2021-02-08
Under Contract Date: 2021-02-05
Close of Escrow Date: 2021-04-30
Sold Price: $535,000
Legal Info
Township: 1N
Range: 7E
Section: 19
Lot Number: 000
Income & Expenses
Annual Elec Exp: 9600
Annual Gas Exp: 2400
Annual Ins Exp: 2664
Annual Maint Exp: 1800
Annual Wtr/Swr Exp: 2400
Owner Association: Yes
Annual Ownr Asoc Fee: 3400
Operating Exp: 33594
Pmt & Rate Info
Down Payment: 629900
Equity: 575000
Contact Info
List Agent Home Phn: 480-807-8237
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Retail PAD; Restaurant; Fast Food; Food Service; Bar
Stories: 1 Story
Construction: Frame - Wood
Roofing: Tile
Floors: Vinyl; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: Grade Level
Interior: Finished
Exterior: Corner Lot; Dual Street Ftg; Landscaping; Roof Sign; Pole Sign; Monument Sign
Fencing: None
Amenities: Kitchen; Other (See Remarks)
Parking: Free; Private Parking; Paved Parking
Electric: SRP
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: Frontage
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Existing 1st Loan: SBA
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)
Traffic Count: 25,001 to 35,000
Reports/Disclosures: None
Use Restrictions: CC&R's
Environmental: None
Listing Office: Bliss Realty & Investments
Last Updated: May - 01 - 2021
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