Phoenix, AZ 85031,5037 W THOMAS Road
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$1,500,000
Est. payment /mo
0.69 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision To Followed In Escrow.

MLS Listing ID 6947905

Year Built 1979

Annual Tax Amount $14,023

Tax Year 2024

Lot Size 0.691 Acres

Acres 0.69

Source Arizona Regional Multiple Listing Service (ARMLS)

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

Location

State AZ

County Maricopa

Community To Followed In Escrow.

Area Maricopa

Zoning CN Commercial

Interior

Heating Heat Pump

Cooling Central Air, Heat Pump

Flooring Ceramic Tile

Exterior

Parking Features Paved, Free

Fence Other, See Remarks

Roof Type Composition

Private Pool No

Building

Dwelling Type Commercial

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 103-19-005-G

Disclosures None


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Arizona Regional MLS (ARMLS)
Listed by American Freedom Realty

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Kodi Riddle

Kodi Riddle

+1(480) 624-8019

Associate Broker / Owner | License ID: BR514965000

Associate Broker / Owner License ID: BR514965000

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5037 W THOMAS Road